Buyer

ITT is a leading manufacturer of critical components for harsh environments that serves fast-growing end markets in flow, aerospace and defense, energy and transportation. Building on our heritage of innovation, we partner with our customers to deliver solutions to the key industries that underpin our modern way of life.Headquartered in Stamford, CT, we have more than 11,700 employees globally with operations in ~40 countries and sales in more than 125. At our core is our engineering DNA, with 1,280+ engineers, 1,700+ active global patents and ~51 manufacturing locations.

 

Our businesses are organized in three distinct segments, each based around our core engineering DNA: 

 

 

 

 

The primary responsibility of this position is to manage and procure inventory levels required to meet shipment and operations objectives. The Buyer will also interface with suppliers, engineering, project teams, planning, inventory management and other operations personnel as required to meet and exceed operational goals and customer service requirements. This role will support timely execution of tactical buying in alignment with category strategies and local operations. This role will also manage some supplier relationships for his/her assigned scope.

 

• →Supplier Management: Identifies, evaluates, and selects suppliers, negotiating prices, terms, and delivery methods. Manage supplier relationships for assigned scope. Execute agreements for local procurement.
• →Procurement Processes: Manages the sourcing and purchasing of goods and services needed to support ITT Goulds Pumps's Seneca Falls Operations. Perform tactical purchasing driven by MRP demand as well as discrete requisitions. Maintain ERP parameters such as lead-time, lot sizes, etc. to support on-time performance. Create purchase orders, schedule product delivery, modify existing purchase orders, and control open orders to assure timely performance from assigned vendors. Secure and analyze quotations, negotiate price, LTAs, payment terms with suppliers and recommend based on cost, quality and delivery.
• →Cost Reduction: Works to achieve cost-effective procurement strategies to support the company's profitability and efficiency. Challenge status quo on cost and drive target savings initiatives cross-functionally.
• →Quality Assurance: Ensures that sourced materials and services meet specified quality standards. Draft and execute improvement plans on Quality, Cost and Delivery for assigned vendors. Lead cross-functional follow-up and timely report on progress.
• →Inventory Management: Work with suppliers to assess / balance capacity and requirements to satisfy on-time performance and inventory levels. Work with product managers and planners to develop stocking/pull levels to support market demand and anticipate issues. Manage and reconcile inventory discrepancies, payment disputes and supplier non-conformance issues.

• →Strategic Alignment: Executes company-wide Category Management strategies and implements agreements for local procurement needs. Support Category Managers, as required, during opportunity identification, business reviews and overall strategy implementation for main suppliers.

• Education: Bachelor's degree or combination of education and relevant materials experience is required. Purchasing Certification and/or Specialization is preferred.
• Experience: Minimum of 3-5 years of experience in a procurement or production-related environment is required. Must be proficient in MS Office. Experience with ERP systems is required. Manufacturing industry is preferred. Pump industry experience is strongly preferred.
• Technical Skills: Knowledge of procurement processes, cost modeling, incoterms is required. Experience with MRP, forecasting, inventory management is required. Knowledge of manufacturing processes (castings, machining, fabrications) is preferred. Knowledge of buyouts (motors, seals, seal systems, and other misc. buyouts) manufacturing processes is strongly preferred.
• Soft Skills: Strong negotiation, communication (verbal and written), and influencing/relationship-building skills are essential for interacting with suppliers and internal stakeholders. Teamwork and problem-solving skills are required.

 

#LI-MC1

#IP1

We aim to pay our ‘ITT’ers’ fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on ‘what’ they accomplish, but also on ‘how’ they reflect ITT’s values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.

Annual salary range is $64,900 to $96,900, plus benefits and incentive plans.