Director, Strategic Sourcing
2 weeks ago
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.
Position Summary
Reporting directly to the Executive Director, Supply Chain for ITT (Connect & Control Technologies), the Director, Strategic Sourcing is a critical member of the Global Supply Management group responsible for enhancing overall supply chain performance through the effective management of ~$200M in global spend. In this role, you are responsible for aligning ITT's business strategy to your assigned categories and maintaining the best sources of supply. You are 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, you will identify and champion complexity reduction initiatives that will enhance profitability and service to customers.
This is an on-site position with up to 50% travel that will be located in Orchard Park, NY.
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.
- Leverage supplier management, category / commodity management & 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, & supply chain capabilities to meet current and future needs of ITT products.
- Other responsibilities as assigned
Supervisory Responsibilities
- Provides leadership, communication, and coaching to employees while cultivating a high-performance culture of motivated employees, environment of trust, customer service, teamwork, accountability, self-confidence, and business ownership.
- Conduct the Performance Management Process with direct reports for effectiveness, timeliness, and expected outcomes in focusing, aligning, and engaging employees in the pursuit of the overall business strategies and goals.
- Support the acquisition and management of talent by: Interviewing, hiring, and training employees; Planning, assigning, and directing work; Appraising performance; and addressing employee complaints and resolving issues.
- Promote adherence to the company's Code of Conduct and Policies (including safety protocols).
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 – 15+ years of broad and global sourcing leadership experience, preferably in a highly regulated manufacturing organization, across a large multi-location, global business.
- Minimum of 5 years of experience in a senior leadership role.
- Global Sourcing contract negotiation skills. Experience in a mixed mode manufacturing environment, Engineer to Order, Low Volume / High Mix, and Configure to Order environment.
- Demonstrated experience building a well-performing culture and enhancing the business through a communicative, collaborative, energetic, team-oriented, and hands-on style.
- Strong interpersonal skills and ability to effectively interact with all levels of external and internal customers and stakeholders. Demonstrated experience influencing senior executives.
- Proven results in managing and developing talent.
- Working knowledge of Lean practices such as Daily Management, Standard Work, Kaizen, Heijunka, Poka-yoke, and Gemba.
- Experience with a variety of commodities such as machining, electronics, bar stock, metal fabrications, cables, molding, etc.
- The ideal candidate will drive for performance with a sense of urgency, have a passionate and accountability driven approach to employee engagement, and a commitment to work together as a team to achieve results.
- The ideal candidate will have demonstrated success in a large-scale, global organization with the ability to work at both the strategic and detailed level.
- Travel up to 50%
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.
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.
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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 $154,000.00 to $245,800.00, plus benefits & incentive plans.
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