ITT is an industrial manufacturer of critical, engineered components that serve fast-growing end markets in transportation, flow, energy, aerospace and defense. The company’s differentiation is sustained through a combination of several factors: execution, the quality of its leadership and our DNA as an engineering leader. We have a clear purpose as an organization: to provide our customers with cutting-edge solutions to help solve their most critical needs.
The company generated 2023 revenues of $3.3 billion and is comprised of three distinct segments:
Motion Technologies ($1.5B revenue) is a global leader in brake pads, shock absorbers and sealing solutions for the automotive and rail marketsIndustrial Process ($1.1B revenue) is a global leader in centrifugal and twin-screw pumps for the chemical, energy, mining and industrial marketsConnect & Control Technologies ($0.7B) is a niche player in harsh environment connectors and control components in critical applications for the aerospace, defense and industrial markets.ITT is headquartered in Stamford, Connecticut with over 10,000 employees in more than 35 countries and sales in approximately 125 countries.
Position Summary1. Sourcing/ Procurement of cast, Machined and buyout parts for product lines of India operations product requirements against orders , this includes purchasing/ ordering of standard buy outs and special buy outs items as well
2. Ordering of parts for Intercompany forecasted orders
3. Preparation and release of purchase orders as per the ERP requirements
4. Intercompany ordering (of pumps and package units)
5. Maintain timely issuance of purchase orders
6. Strong follow-up and expediting of purchase orders with suppliers on daily basis
7. Alignment of material inflow as per the monthly production plan requirements
8. Determination of MOQ-MSL , and necessary adjustment from time to time in close coordination with planning team
9. Accommodate special lead time request for order-quote proposals
10. Update supplier delivery schedule in ERP , review and monitor progress on daily basis and update planning \ concerned functions accordingly
11. Ensure ECN\ DCN changes are implemented in a time bound manner
12. Report-feedback on supplier OTP , and implement counter measures on weekly and monthly basis
13. Immediate disposition of NCRs – report and feedback to concerned functions \ team , inform and issue rework debit notes to supplier
14. Report-feedback on frequent NCRs (incoming & On-line) coming out from QA and follow-up with GSC on implementation of counter measures , plan of actions and periodic review on progress
15. Proposal on Capacity enhancement of suppliers to GSC team – alignment with strategic plan , review plan of actions from GSC and periodic review on progress and report to plant GM
16. Maintain MRP data, purchasing data, scheduled shipping data and related other data of assigned parts \ commodity in the ERP system
17. Plan and coordinate the sourcing activity to meet CDD requirements
18. Carry out the registration of the suppliers as per the norms & procedures
19. Preparation of cost \ price comparison as and when required for new parts \ commodity or for alternate source \ supplier
20. Regular Supplier follow-up visits , time bound resolution of PQs
21. Implementation of plans \ strategy to ensure orders meet specified quality and delivery times and to minimize the total cost of purchases
22. Handle requests for information, quotations, proposals, and bidding processes
23. Negotiates with suppliers to meet quality, delivery, and cost objectives
24. Maintain cordial and healthy vendor – organization relationships
25. Support ISO \ IMS procedures and implementation
Bachelor’s Degree Mechanical Engineering with more than 12 years of sourcing experience in Engineering industries.
The incumbent should have:
o Good inter personal and communication skills to work with a cross functional teams
o Good communication -Ability to interact well with external and internal customers
o Time management and resource planning/management
o Analytical thinking
o Goal oriented and focus on problem solving
o Negotiating skills, Problem solving skills
o Vendor relationship management , Follow-ups and expediting
o Ability to handle multiple tasks , high volume activity and establish priorities in a changing environment
o Ability to work under pressure with tight deadlines
o Gently assertive, flexible and adaptable
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