Strategic Sourcing Sr. Analyst – Real Estate
Illinois Tool Works 38 reviews - Glenview, IL

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In this Strategic Sourcing Sr. Analyst – Real Estate role, you will assist in the development and implementation of Real Estate strategies and solutions that leverage the Company’s volumes and partnerships while providing consistently high levels of service in a cost-effective manner. You will be involved in the development and roll out of a new Lease Administration System and will be responsible of providing value and cost benefits across the Company’s various business units. It will focus on the negotiation and prioritization goals for support of ITW and its business units, while also building collaborative relationships with strategic partners. In order to fulfill this position the individual must have a proven track record in assisting with negotiations, oversight of all corporate contracts, involvement with policy creation and high level Real Estate issues such as Lease administration, Property Taxes, Tenant Costs and Building Maintenance and Expenses.

What Makes this a Great Opportunity:
  • ITW offers a strong culture based on integrity and trust operating under the highest ethical standards
  • This individual will communicate up, down and across the organization among different departments and levels
  • This is a strategic role within the organization that could lead to significant growth and responsibility
  • Opportunity to work with various levels in the organization to communicate ideas and concepts to drive and influence organizational change

Essential Responsibilities:
  • Understand and develop cost savings programs for all aspect of Real Estate and Facility Costs
  • Work with ITW’s various groups that encompass Real Estate: Legal, Risk, Strategic Sourcing and Corporate Real Estate
  • Work as part of an ITW team with the implementation of a Lease Administration Tool-System across ITW’s business units. Continuously work with the Lease provider highlighting savings and service improvement opportunities within the business
  • Utilize quantitative skills to analyze, validate, manipulate and manage large amounts of data specific to problem solving, project and decision support
  • Work with reporting from the Lease Administration System to ensure accurate measurement and reporting on sourcing metrics based on agreed upon agreements and statements of work. Continuous diagnostics of process to seek improvement
  • Track savings created in sourcing processes for internal management reporting

Job Requirements

  • Bachelor’s degree with a focus in Business Administration, Engineering, Mathematics, Logistics or Supply Chain
  • 5+ years’ experience in a Strategic Sourcing Analyst role
  • Knowledge of Real Estate Activities such as Lease Administration, Property Taxes, Facility/Tenant Costs and Building Maintenance Expenses
  • Insurance of accurate data collection through audits, queries, analysis
  • Proven experience in defining, describing, and documenting complex data in sufficient detail to enable successful cost savings
  • Ability to travel 20-30%

Desired Experience and Traits:
  • Knowledge of automated sourcing solutions (eg Ariba) a plus
  • Knowledge of formal project management tools (eg Clarizen, MS Project) a plus
  • Strong mathematic, analytical and problem solving skills
  • Strong knowledge of general business practices
  • Ability to handle multiple projects simultaneously
  • Strong written and verbal communication skills
  • Highly motivated self-starter with the capability of working independently
  • Ability to thrive in a fast-paced, high-pressure environment

About this company
38 reviews
Illinois Tool Works Inc. (ITW) is a multinational manufacturer of a range of industrial products and equipment. The Company has...