Business Development Manager

Illinoistoolworks — United States · Posted ~2 hours ago

Mid

Skills

business development sales strategy strategic planning customer relationship management

🔓 Log in to save this job, tailor your resume & track your apply process — 7 days free, no card needed.

Log in to add to target list

Summary ✨ AI‑Generated

A business development leadership role focused on identifying growth opportunities, building customer relationships, and expanding technology solutions within a competitive market.

Highlights

Opportunity to drive market growth, build strategic partnerships, and lead expansion initiatives in a technology-focused environment.

Description

Job Description: Company Description ITW Electronic Component Solutions (ECS) comprises globally recognized and industry-leading brands known for their specialized product technologies. These brands are key suppliers to various markets, combining expertise and innovation to provide advanced electronic component solutions. Operating under one group enhances their technological strength and positions ITW ECS as a global leader in the field. The ITW ECS family includes ITW Formex, ITW Linx, and ITW Lumex, each offering unique products and contributions to the industry. The Business Development Manager will focus on expanding the ITW Formex data center business and take ownership of delivering results and growth. The work environment is fast-paced and dynamic. Candidates will need to be comfortable leveraging an entrepreneurial spirit, hunter mindset, long-term strategic planning skills, and persistence in developing new data center opportunities to create great business development outcomes. Essential Duties And Responsibilities Identify new business/product development potential that can drive growth and profitability for ITW Formex, focusing on the data center spaceSpecify market requirements for current and future products by conducting market research supported by ongoing visits to customers and non-customersDevelop and implement a go-to-market plan, working with all departments to executeAnalyze potential and existing markets to identify business opportunitiesCoordinate customer requirements to the Formex US/Formex Shanghai engineering team for quick turnaround on solutions to customersAssist the relevant management in resourcing, budgeting, and problem solving activities of ITW Formex and other activities that will help to increase the recognition of ITW Formex productsProvide regular updates on market competition and analysis to management and relative departmentsDevelop short-term and long-range plans for increased penetration and sales within market segmentSubmit monthly status reports by product line on key activities for increased salesWork with OEM, ODM and CM on fabricator opportunities and solutionsGrow revenue base Minimum Required Education And Skills: Bachelor’s degree in Polymer Sciences, Engineering, Marketing or SalesExcellent research and analytical skills identifying trends in technologiesMinimum 3 years' experience proactively identifying and pursuing new business opportunitiesDemonstrated hunter mindset - track record of seeking new opportunities and building a strong sales pipelineAbility to develop and make presentations for existing and prospective customersPossess the ability to cope with stress, work under pressure and effectively prioritize dutiesPossess effective communication and writing skillsAbility to recognize opportunities and manage projects effectivelyAbility to multi-task: must be able to complete several tasks together and meet deadlinesAbility to travel 50% of the timeAbility to negotiate and dialogue with customers / suppliersAbility to lead in new product/service research for the ECS Global successBe self-motivated, possess an entrepreneurial spirit and be able to develop a comprehensive knowledge of products offered by ITW Formex and its applications Preferred Education And Skills: MBA preferredWorking knowledge of extrusion, injection molding, thermoforming & compoundingFamiliarity of UL 94, ASTM, IATL-16949, DIN Standards, ISO-9001 The sales territory for this position will be the entire United States with a focus on growing our data center business. Ideal candidates should be located in the Midwest near a major airport for frequent travel. Compensation Information: Final Compensation decisions will be made on a variety of factors, but our base salary range is $125,000-$130,000 plus variable compensation target. Why ITW ECS? Here’s what we offer to help you build the future you want: Generous Retirement Benefits – 401(k) match PLUS an additional retirement contribution to help you plan for the future.Paid Time Off – Paid holidays, sick days, and vacation time to take time for what matters.Company-Paid Insurance – Life, AD&D, Short-Term & Long-Term Disability insurance to give you peace of mind.Family-Friendly Benefits – Paid parental leave and adoption reimbursement to support your family journey.Education Assistance – Tuition reimbursement because we believe in investing in your personal and professional development. Compensation Information: Final Compensation decisions will be made on a variety of factors, but our base salary range is $125,000-$130,000 plus variable compensation target. ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.