ITT Inc.

Buyer III

ITT Inc.  •  $83k/yr  •  New York (Onsite)  •  4 hours ago
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Job Description

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.

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.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

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.

About ITT Inc.

At ITT, we have a clear purpose as an organization – to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets. Our continuous improvement mindset drives our commitment to evolving our capabilities as a multi-industrial technology, manufacturing and engineering leader. With a strong global footprint of more than 100 facilities, we are well positioned to solve critical challenges for our customers around the world. Our locations include manufacturing facilities and global service capabilities in 35 countries. Through these worldwide operations and building on our heritage of innovation, our approximately ~11,000 team members partner with our customers to deliver enduring solutions that make a lasting difference and help the world move forward. ITT is headquartered in Stamford, CT, with sales in approximately 125 countries. The company generated 2024 revenues of $3.6 billion.

Motion Technologies: (Revenue of $1.4B; headcount of ~ 4,000; operates in 13 countries) manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation markets.

Industrial Process: (Revenue of $1.4B; headcount of ~3,400; operates in 30 countries) manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts.

Connect and Control Technologies: (Revenue of $0.8B; headcount of ~ 3,800; operates in 10 countries) manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.

Industry
Manufacturing & Production
Company Size
5,001-10,000 employees
Headquarters
Stamford, Connecticut
Year Founded
Unknown
Website
itt.com
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