ITT Inc.
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.
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 $5.4 billion in annual revenue.
Our businesses are organized in three distinct segments, each based around our core engineering DNA:
Flow Technologies: A global leader in, providing a broad portfolio of pumps, valves, mixing and agitation equipment, heat transfer, homogenizers, separation, water and wastewater treatment, and engineered process solutions. Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Anhydro, APV, Bornemann, Bran+Luebbe, C’treat, Engineered Valves, Gerstenberg Schröder, Habonim, Johnson Pump, Lightnin, Philadelphia, Plenty, PRO Cast, Rheinhütte, Seital Separation, Stelzer, Svanehøj, Tigerholm, Uutechnic, VIDAR, Waukesha Cherry-Burrell.
Motion Technologies: A global leader in brake pads (ICE and electrified brake pads) and shock absorbers (energy absorption solutions) for transportation applications. Our leading brands include Friction Technologies, KONI and Axtone.
Connect and Control Technologies: A leader in critical applications for the aerospace, defense and industrial markets, including harsh environment connectors and control components. Our leading brands include ITT Cannon, Enidine, Aerospace Controls and kSARIA.
Position Summary
Reporting directly to the Director, S trategic Sourcing for ITT (Connect & Control Technologies), the Global Sourcing Manager is a critical member of the Global Supply Management group responsible for enhancing overall supply chain performance through the effective management of ~$ 3 00M in global spend. This role is responsible for implementing ITT’s business strategy to your assigned categories and maintaining the best sources of supply. The Global Sourcing Manager is responsible for building strong supplier relationships and being proactive in mitigating supply chain challenges due to emerging economic trends around pricing, logistics , and geo-political risks. Working collaboratively with cross functional teams, this role will identify and champion complexity - reduction initiatives that will enhance profitability and service to customers.
This is an on-site position that can be located in Orchard Park, Valencia, Irvine, or El Cajon, CA with up to 50% travel.
Essential Responsibilities
- For the assigned categories, develop and implement sourcing / supply chain strategies to harness economies of scale, drive economic value, manage supply chain risk, and enable business growth at a global level in a multi-market-culture environment.
- Lead complex and critical negotiations utilizing extensive professional knowledge of principles and techniques of negotiation in the purchasing cycle. Provide global leadership for the major OEM suppliers.
- Research and evaluate suppliers based on price, quality, selection, service, support, availability, reliability, production and distribution capabilities, and the supplier's reputation and history.
- Leverage supplier management, category / commodity management and total cost principles to oversee the supplier selection process within the respective businesses / sites and encourage productive relationships with appropriate suppliers that drive meaningful value.
- Search, identify , qualify, develop, and manage suppliers to secure the best possible terms (cost, payment, inventory, etc . ) while ensuring operational performance (quality, OTD, lead time, cost, etc . ).
- Partner with engineering, manufacturing, quality and other category managers to drive value analysis and engineering (VAVE) savings.
- Partner with NPD teams to obtain early supplier engagement to set expectations, optimize quality, supply reliability, while reducing risk and cost for new product launches.
- Identify and introduce new materials, technologies, and supply chain capabilities to meet current and future needs of ITT products.
- Other responsibilities as assigned.
Position Requirements
- Bachelor’s degree from an accredited 4-year college or university in Engineering, Operations, Supply Chain, or equivalent is required .
- Minimum of 10 years of broad and global sourcing leadership experience, preferably in a highly regulated manufacturing organization, across a large multi-location, global business.
- Global Sourcing contract negotiation skills. Experience in a mixed mode manufacturing environment, Engineer to Order, Low Volume / High Mix, and Configure to Order environment.
- Strong interpersonal skills and ability to effectively interact with all levels of external and internal customers and stakeholders. Demonstrated experience influencing executives.
- Working knowledge of Lean practices such as Daily Management, Standard Work, Kaizen, Heijunka , Poka- yoke, and Gemba.
- Experience with a variety of commodities , including, but not limited to: precision metal machining, composites and plastics, injection molding, electronics and cables .
- Drive performance with a sense of urgency and a commitment to work together as a team to achieve results.
- D emonstrated success in a large-scale, global organization with the ability to work at both the strategic and detailed level.
- English fluency is required , while ability to communicate in one or more of the following languages is highly beneficial: German, Italian, French, Chinese (Mandarin / Cantonese)
- Travel up to 50%
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.
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.
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 from $119,400.00 to $178,200.00, plus benefits & incentive plan.
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