Project Buyer

Position Summary

About the Company: ITT, headquartered in Stamford, CT, operates competitively in more than 35 countries with sales in approximately 125 countries and partners with customers to deliver enduring solutions to the key industries that underpin our modern way of life. The company generated 2021 revenues of $2.8 billion.

 

ITT was named to the Forbes 2019 list of America's Best Midsize Employers. This achievement recognizes ITT's focus and commitment to fostering a healthy, high-performing culture and creating a work-place defined by innovation and continuous improvement. ITT’s CEO and CFO were both recognized as 2020 All-America Executive Team by Institutional Investor magazine. Also bestowed to ITT was the 2018 Manufacturing Leadership Award that distinguishes ITT for its visionary leadership, commitment to employees and workplace culture, and the ability to innovatively solve problems for customers.

 

ITT operates through three Value Centers (operating segments):

Motion Technologies (Revenue of $1.4B; headcount of 4,700; 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 $1.0B; headcount of 2,800; 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 $0.6B; headcount of 2,700; 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.

 

Summary: The primary responsibility of this position is to successfully execute cross-functional project management on parts development and related initiatives, required to meet operations objectives. The Project Buyer will also interface with suppliers, engineering, project teams and manufacturing personnel as required to meet and exceed operational goals and customer service requirements. This role will support both new project launches and productivity programs in partnership with Global Supply Chain and Purchasing teams to reach Site and Value Center goals.

Essential Responsibilities

• Define and implement Project Purchasing Strategy in close alignment with business goals on Safety, Quality, Cost and Delivery.
• Observe Commodity Management roadmaps, influence / challenge updates as needed and move ahead with project execution in collaboration with Global Supply Chain team.
• Maintain control of project purchasing scope throughout all its phases (Business Case, Retro-planning, RFQ, Supplier award definition, Contract negotiation, Part / Pattern development, Samples follow-up, Parts approval documentation, PO / Contract setup, Ramp-up monitoring, Handover for production buyers).
• Effectively utilize templates and checklists to ensure ERP parameters such as lead-time, lot sizes, reorder points, etc. will support on-time performance during production stage.
• Analyze and help improve accuracy on performance management KPIs in order to drive internal and external cross-functional accountability.
• Negotiate purchase orders, LOAs, LOIs, contracts, delivery schedule, purchase order modifications, and control open orders to assure timely performance from suppliers in scope.
• Systematically assess, identify, anticipate and mitigate supplier risks.
• Engage with suppliers to balance capacity and requirements and satisfy on-time performance as well as target inventory levels.
• Lead interface with suppliers to enable Supplier Development Engineer reviews as well as appropriate retro-planning of project activities.
• Apply self and cross-functional rigor to drive positive results while instilling a culture of respect, collective learning and collaboration.
• Keep control of PPAPs, Exceptions, Minutes of Meetings and related documents to be stored accordingly on Supplier Portal and other systems.
• Challenge status quo on cost and drive target savings initiatives cross-functionally.
• Document lessons learned periodically and display a continuous improvement mindset, helping drive better policies, procedures and initiatives for the business.
• Take part in related initiatives aiming at continuous improvement for purchasing processes.
• Communicate / Report weekly on each assigned project progress.

Position Requirements

• Bachelor's degree is required; Or combination of education and equivalent purchasing experience is required.
• 5 years of related purchasing experience is required
• Experience in Lean processes, inventory management and materials/purchasing are required
• Knowledge of cost breakdown, Incoterms, price formation are required
• Knowledge of machining, castings or fabrication manufacturing processes are required
• Proficient in MS Office
• Experience with APQP and NPI process in manufacturing environments is highly preferred
• Some background in supplier qualification of external processes is preferred
• Enterprise and Supply chain risk management skills are preferred
• Experience with MRP, forecasting and stocking levels is preferred
• Purchasing certification and/or specialization is preferred
• Graduate degree in relevant field is preferred

Safety is a core value at ITT. Our employees understand and follow all ITT safety policies and procedures, participate in workplace inspections, safety training, and in the development of job safety analyses.

 

#LI-MC1

#IP1

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

Annual Salary range is $78,100 to 116,900 plus benefits an incentive plans.

Salary : $78,100 - $116,900