Job Description

About ITT:

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:

Industrial Process: A global leader in centrifugal and twin-screw pumps and engineered valves for chemical, energy, mining, and industrial applications. Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Bornemann, Habonim, Engineered Valves, Rheinhütte Pumpen and Svanehøj.

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.

We are seeking a highly experienced and dynamic Senior PAN India Procurement Leader to drive the implementation of LCR strategy across pumps and valve businesses of ITT through scouting new suppliers, building appropriate suppliers’ development program to ensure reliability and sustainable quality of Indian vendors. In addition, the candidate will be involved in global LCR strategic projects. Finally, candidate will establish proven and credible local team in creating solid foundations of execution and premiere purchasing practices to support ITT’s differentiation and cost competitiveness strategy. This role will focus on building and managing strong vendor relationships, driving strategic sourcing initiatives, and leading negotiations to secure the best value for the company. 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.

Essential Responsibilities

• Managing the daily activity as well as training and development of direct reports. Driving accountability for completing.
• Lead the Indian organization to becoming the benchmark in ITT for LCR sourcing and supplier development by consistently delivering on critical performance KPIs in addition to cost competitiveness
• Operationalize the spirit of mindset of entrepreneurship and speed in the region and one of the fastest growing sites in ITT (local business activity expected to triple over next 3/4 years)
• Build highly committed and performing team that delivers premiere service to IP Indian sites as well as other key sites across the world
• Participate and support key sourcing strategic projects for IP globally
• Work in closed collaboration with business and operational leaders at our key sites in India, Saudi, Korea, USA and Europe
• 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.
• Managing site supply base; driving performance improvements in the areas of cost, quality and Supplier OTP.
• Actively participate and drive in the creation and achievement of site goals and objectives in regards to:
  • Direct Material Cost Savings & Margin enhancement.
  • Supplier Delivery Performance of materials and documentation requirements.
  • Inventory Accuracy & Inventory Turns
• Ensure compliance with legal, safety, and quality standards in procurement operations.
• Manage budgets and cash flows, ensuring cost control and efficient resource allocation. Establish and Execute plans to meet the goals and objectives.
• Directly working with the extended Global Supply Chain organization to leverage the Global Supplier Roadmaps or if necessary, establish and negotiate Regional/site level material purchase contracts to drive savings and mitigate unfavorable price fluctuations
• Represent the site in the creation of the Global Supplier Roadmap strategies for direct material purchasing and manage the local compliance to the published Supplier roadmaps.
• Collaborate with project managers, finance and respective teams for seamless project execution
• Establish, retain and maintain data integrity with the current running ERP system

Position Requirements

• Education: BE/Masters in Mech Engineering.
• Experience: Minimum 8-10 years in strategic purchasing and/or procurement within a fast-paced manufacturing environment. Strong and proven experience in complex negotiation across different cultures. Prior experience in pump would be a plus
• Leadership: proven track-record in transforming/building high performing and dedicated teams while being a role model in humility, curiosity and service leadership
• Continuous Improvement: highly motivated and driven with concrete past experience in driving a pursuit of continuous improvement to entire team on key aspect of the role
• Technical Expertise: In-depth knowledge of Casting, forging, bought out material and cost estimation.
• Negotiation Skills: Proven track record of rate negotiations and contract finalization with suppliers.

• Financial Acumen: Strong understanding of budgeting, cash flow management, and cost optimization.