Director, Strategic Sourcing

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

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 role with up to 50% travel that can be located in Valencia, CA or Irvine, CA.

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