Global Sourcing Manager
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, ITT partners with its customers to deliver enduring solutions to 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.
About the role
Reporting directly to the Director, Strategic 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 ~$300M in global spend. This role implements ITT’s business strategy for assigned categories and maintains the best sources of supply. The position is responsible for building strong supplier relationships and proactively mitigating supply chain challenges due to emerging economic trends around pricing, logistics, and geo-political risks. This is an on-site position located in Orchard Park, Valencia, Irvine, or El Cajon, CA, with up to 50% travel.
Responsibilities
- Develop and implement sourcing/supply chain strategies for assigned categories to harness economies of scale, drive economic value, manage supply chain risk, and enable business growth 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 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 and encourage productive supplier relationships.
- 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, and reduce 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.
Requirements
- Bachelor’s degree from an accredited 4-year college or university in Engineering, Operations, Supply Chain, or equivalent.
- 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.
- 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 precision metal machining, composites and plastics, injection molding, electronics, and cables.
- Drive performance with a sense of urgency and a commitment to teamwork to achieve results.
- Demonstrated success in a large-scale, global organization with the ability to work at both the strategic and detailed level.
- English fluency is required; ability to communicate in German, Italian, French, or Chinese (Mandarin/Cantonese) is highly beneficial.
- Travel up to 50%.
- This position requires use of information subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR (U.S. Citizen, U.S. Permanent Resident, Political Asylee, or Refugee).
Benefits
- Competitive salary and robust total rewards package, including health insurance, 401(k), short and long-term disability, and paid time off.
- Growth and developmental opportunities.
- Incentive compensation programs (specific benefits may vary based on collective-bargaining agreements).
Pay
Annual salary range is from $119,400.00 to $178,200.00, plus benefits and incentive plan.