Buyer III
$83k - $124kITT Inc. - English US
ITT Inc.
ITT Inc. is a diversified global leading manufacturer of highly engineered critical components and customized technology solutions serving the flow, aerospace and defense, transportation, industrial, and energy markets. Through operational execution, innovation, and disciplined capital deployment, including strategic acquisitions such as SPX FLOW, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life.
Headquartered in Stamford, Connecticut, ITT has a market cap of roughly $20 billion and employs more than 15,000 people across 40 countries and serves customers in approximately 125 countries. Following the acquisition of SPX FLOW, the company is expected to generate $5.4 billion in annual revenue.
Our businesses are organized in three distinct segments, each based around our core engineering DNA:
Flow Technologies: A global leader in providing a broad portfolio of pumps, valves, mixing and agitation equipment, heat transfer, homogenizers, separation, water and wastewater treatment, and engineered process solutions. Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Anhydro, APV, Bornemann, Bran+Luebbe, C'treat, Engineered Valves, Gerstenberg Schrder, Habonim, Johnson Pump, Lightnin, Philadelphia, Plenty, PRO Cast, Rheinhtte, Seital Separation, Stelzer, Svanehj, Tigerholm, Uutechnic, VIDAR, Waukesha Cherry-Burrell.
Motion Technologies: A global leader in brake pads (ICE and electrified brake pads) and shock absorbers (energy absorption solutions) for transportation applications. Our leading brands include Friction Technologies, KONI and Axtone.
Connect and Control Technologies: A leader in critical applications for the aerospace, defense and industrial markets, including harsh environment connectors and control components. Our leading brands include ITT Cannon, Enidine, Aerospace Controls and kSARIA.
Position Summary
Responsible for purchasing and the tactical management of assigned suppliers and/or categories from receipt of planning requirements to payment of invoice. This includes but is not limited to order placement, cost savings initiatives, performance of assigned suppliers, rejections, and supplier suggestions or part moves within assigned supplier categories.
Essential Responsibilities
Responsible for the purchase order from the initial demand signal to stock.
- Responsible for purchasing and negotiating materials, equipment, and supplies of increased complexity and importance.
- Solicits bids, analyzes quotes, and conducts cost/price analyses.
- Negotiates price and selects or recommends suppliers.
- Manages and executes day to day activities as trained. Follows standard work in relation to communicating specifications, quantity, quality, and delivery commitments using approved authority. Seeks deviation from Management when outside of standard work.
- Monitors past and current supplier performance. Ensures compliance to all regulations, goals, contracts and objectives. Escalates issues or supplier problems.
- Maintains personal knowledge of the supplier, government regulations, and established purchasing practices and procedures.
- Identifies and implements ideas for performance improvement, cost savings and supplier/supply strategy within assigned category(s).
- Will be the supplier representative to all internal customers; Participates in new part projects, technical cross functional teams.
- Visit suppliers as necessary.
- Work with P2P on payment issues as needed.
- Provides system and process training and mentorship to less experienced buyers
- Performs other tasks as assigned.
Position Requirements
- Bachelor's degree preferred with minimum 5-7 years of purchasing experience.
- Must possess a broad knowledge of the market and a technical knowledge of materials and equipment.
- Possesses strong process and technical familiarity with modern ERP/MRPII or an automated purchasing systems like Oracle.
- Requires strong verbal and written communication skills in English. Multi-lingual capabilities preferred but not required.
- Ability to travel. If required, most travel will be local. However, some domestic or international overnight travel may be required.
Equal Pay Act Statement
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.
Equal Pay Act Range
$83,000-$124,000
ITT Inc. - English US$83k - $124k
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