Buyer

About ITT:

ITT Inc. (NYSE: ITT) 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 Schröder, Habonim, Johnson Pump, Lightnin, Philadelphia, Plenty, PRO Cast, Rheinhütte, Seital Separation, Stelzer, Svanehøj, 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

The ideal candidate will have deep experience in procurement processes, the ability to influence stakeholders, and a strong commercial acumen to optimize cost management and deliver long-term value. Manage and procure inventory levels required to meet shipment and operations objectives through manufacturing or purchasing procurement. Interface with Suppliers and Manufacturing personnel as required to meet/exceed Customer Service requirements. Support Marketing lead time requirements for all IP Models. Manage a pre‐determined value of Inventory. Manage service and production parts.

Essential Responsibilities

• Ensure timely procurement of materials, equipment, and services as per project requirements.
• Purchasing activities such as floating RFQ’s, negotiations, defining payment terms and customer requirements at the highest quality, best total cost and shortest lead time.
• Review daily order reports to identify product requirements:
• Supplier open order report
• Supplier salvage report
• Supplier OTP report
• Supplier portfolio management
• Contracting & negotiating with assigned suppliers
• Development of strategic sourcing concept
• Expedite deliveries
• Manage and reconcile inventory discrepancies due to lost parts and supplier non-conformance issues
• Secure and analyze quotations; negotiate price and terms with suppliers and recommend based on cost, quality and delivery.
• Coordinate as appropriate quality matters and engineering changes/developments between manufacturing operations and suppliers
• Initiate and facilitate problem-solving skills, implement solutions and track results.
• Identify, suggest and implement process improvements by taking own initiative and generate lean projects in purchasing department
• Managing site supply base; driving performance improvements in the areas of cost, quality and Supplier OTP.
• Ensure compliance with legal, safety, and quality standards in procurement operations.
• Collaborate with Engineering Team, Project Managers, finance and respective teams for seamless project execution
• Establish, retain and maintain data integrity with the current running ERP system
  
  

What are we looking into an ideal candidate for the position?

• Adaptability and Problem-Solving: Flexibility to manage changing market conditions, supply chain disruptions, and unexpected vendor issues
• Integrity and Ethical Judgment:
  
  
  

Commitment to fair procurement practices, transparency, and compliance with policies.

• Communication and Interpersonal Skills:
  
  
  

Clear communication with internal stakeholders, vendors, and cross-functional teams.

• Customer-Centric Approach:
  
  
  

Focus on internal client satisfaction by ensuring timely and cost-effective procurement.

Adaptability and Problem-Solving:

Flexibility to manage changing market conditions, supply chain disruptions, and unexpected vendor issues

Position Requirements

• Education: BE Mechanical
• Experience: Minimum 10+ years in procurement and purchasing from rotating/pump/engineering manufacturing projects. Prior experience in pump would be a plus
• Technical Expertise: Good knowledge of Casting, forging, bought out material and cost estimation.
• Negotiation Skills: Proven track record of rate negotiations and contract finalization with suppliers.