ITW

Job Description:

Since its founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on developing innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for our innovative products.

ITW’s differentiated business model comprises unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance.

ITW’s products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.

ITW (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024. and employs 44,000 people operating in 51 countries. Our headquarters are in Glenview, IL. include a fitness center at no cost to the employees, a cafe, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more. We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

The Enterprise IT Vendor Programs Analyst will establish, maintain, and evaluate vendor relationships to drive value and efficiencies for our decentralized ITW businesses. Aligning priorities with Enterprise stakeholders, the Analyst will develop and support IT programs that are easy to adopt, targeted to mid-market operational needs, and deliver reliable results.

Areas of Responsibility:

• Oversee vendor relationships across designated program portfolio, act as a liaison and main point of contact (POC) for IT vendor-related inquiries from ITW divisions across the Enterprise
• Independently, or under minimal supervision, identify and address performance issues, and troubleshoot all vendor problems and present to management as required
• Develop communications relevant to IT vendor programs, including new program announcements, webinars, contract changes or updates, vendor roadmaps, program terminations, etc.
• Oversee the contract lifecycle, including renewals, and negotiate contract terms, conditions, modifications, while collaborating with vendors and key stakeholders to ensure their requirements are met
• Analyze vendor data with keen attention to detail, identify market and industry trends, gaps, and opportunities. Recommend expansions, additions or contract retirement opportunities
• Utilize IT and contract knowledge to drive efficiencies and cost savings in contract negotiations. Responsible for ensuring that pricing is competitive by commissioning benchmarks as needed during the lifetime of the deal
• Assist with developing Statements of Work (SOW) and driving RFI/RFP/RFQ initiatives as needed
• Work collaboratively with ITW stakeholders to educate and interpret IT vendor contracts for ITW business across all segments

Requirements:

• Bachelor’s degree in business, technology or related field preferred
• 3+ years of strategic sourcing/vendor management experience is required
• 2+ years of experience with Information Technology RFX’s (RFP’s, RFI’s, and RFQ’s) and e-sourcing tools is required
• Exceptional collaboration and relationship-building skills, including adaptability, flexibility, and driving for consensus
• Outstanding written and verbal communication skills, ability to clearly and concisely communicate information at multiple levels
• Strong data and financial analytical skills; Ability to analyze vendor data and identify trends, gaps & opportunities, and risks with keen attention to detail
• Proficient in manipulating data in reporting tools such as Excel and/or within a Database (Access/SQL)
• Willingness to learn, grow, and improve vendor management processes and procedures
• Strong negotiation skills and ability to interpret and draft contracts, ensure contractual obligations are met

Compensation Information:

The compensation package for the role offers a competitive base salary ranging from $74K - $80K annually.

ITW considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, geographic location, key skills, as well as market and business considerations.

In addition to a competitive salary, ITW employees in the U.S. are eligible for a comprehensive benefits package. This package includes medical, dental, vision, disability and life insurance programs. We also provide a 401k plan with both a company match and additional employer contribution, Flexible Spending Accounts, Health Savings Accounts, Employee Assistance Program, Commuter benefits, Adoption Assistance, and Educational Assistance; Parental Leave, vacation, sick time, and 11 Paid Holidays.