Job Information
ITT Sourcing Lead in Vadodara, India
About ITT:
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 markets
Industrial Process ($1.1B revenue) is a global leader in centrifugal and twin-screw pumps for the chemical, energy, mining and industrial markets
Connect & 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 Summary
The principal purpose for this position located in Vadodara, (Gujarat) India , is to:
Lead and support the Koni ( https://www.koni.com ) team in the development and execution of sourcing strategy for both direct products and services to leverage volume, optimize performance and minimize costs
Develop cost strategies to support different business segments to enhance cost control, vendors strategy implementation and VAVE initiatives
Establish strong connections with key stakeholders including such as purchasing, engineering, R&D, quality and supply chain engaging them and assuring sourcing strategy is aligned with operation needs and expectations
Support sales efforts to win projects through active engagement in selecting the right supplier and negotiation of best cost and terms
Effective procurement project deployment in supporting to all new product development projects
Essential Responsibilities
Execute and support on performance management with relevant suppliers (scorecards, development dialogues)
Vendors scouting and tendering process for vendors selections
Support R&D Project Manager/Specialist on R&D projects (technical capability to develop vendors)
Understand of supply chain operations (including logistics and material management)
Support on logistic set-up contracting and ramp-up/down activities incl. SLA /Supply Logistic Agreement/ and vendor capabilities evaluation
Support as project participant in procurement projects on global relevant projects
Identify and execute procurement KPI pipeline (P2P savings, supplier consolidation, quality & delivery performance, OTD)
Execute supply chain projects
Executing contracts and annual negotiation
Understanding on material/demand planning for global purchasing (consignment stocks, shipments, TCO,…)
Participate in cross-functional projects at global level with cost reduction focus
Execute price negotiations for projects and make price agreements with suppliers
Participate in VA/VE activities
Technical understanding of specification for VA/VE initiative or vendors qualification with SQ team
Support regional teams (supplier issues, escalations)
Support and execute the contractual aspects of logistic set-up with all suppliers (SLA incl. ramp-up/down activities and capacity evaluation) in close cooperation with regional inbound teams
Position Requirements
Education: BS Degree in Business or Engineering, MBA preferred
Experience : 5-7 years Operational Purchasing or Strategic Sourcing
Skills/Knowledge :
Business skills including leadership ability, innovative thinking, global strategy, communications and change management
Familiarity and experience with Contract Law
Technical knowledge including familiarity with castings, forgings, machining and other railway key categories
Tactical purchasing experience
Expertise in functional competencies of technical decision making, continuous improvement and project management
Fluent knowledge of English, Hindi and the Mumbai local language
Ability to perform supplier scouting, development and support for supplier selection and qualification
Availability to travel frequently between Vadodara and Mumbai
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Connect With Us! (https://careersenus-itt-inc.icims.com/jobs/14141/sourcing-lead/job?mode=apply&apply=yes&in_iframe=1&hashed=-1834443231)
ITT Inc. is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration without regard to age, color, gender, gender identity, national origin, physical or mental disability, protected veteran, race, religion, sexual orientation, or any or any other characteristic protected by law. (Government security rules may restrict certain work to specific individuals based on government criteria.)
California residents, click this link (https://www.itt.com/itt/Media/itt/ITTSite/Publications/California-Job-Applicant-Privacy-Notice.pdf)
Job Locations IN-GJ-Vadodara
ID 2025-14141
Category Sourcing SupplyChain & Logistics
Position Type Employee
Telecommute No