Buyer II

ITT Inc.-English

$74K — $111K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Operations, Supply Management, or Engineering preferred
  • 3-5 years of experience in Procurement, Administrative, or Supply Chain Management
  • Strong familiarity with commodity markets and RFI/RFQ benchmarking
  • Advanced Excel skills including VLOOKUPS, pivot tables, and charts
  • Ability to interpret technical documents and engineering drawings
  • Exceptional negotiation and communication skills
  • Strong analytical, planning, and process development abilities

Responsibilities

  • Develop and maintain strategic sourcing strategies for assigned commodities
  • Conduct spend analysis and supplier assessments
  • Evaluate vendor quotes and recommend business awards to stakeholders
  • Negotiate pricing, lead times, and payment terms with suppliers
  • Identify cost-saving opportunities through strategic sourcing
  • Collaborate with Quality for supplier performance metrics
  • Enhance supplier knowledge through site visits

Benefits

  • Health insurance and wellness programs
  • Retirement plan options with company matching
  • Paid time off and holidays
  • Continuing education and professional development opportunities
  • Flexible working conditions or remote work opportunities
Full Job Description
Position Summary

The Buyer II will use their procurement skills to source, qualify, and develop new and existing suppliers across assigned commodities. They are expected to be proficient in learning and navigating ERPs, managing supplier relationships with a focus on on-time delivery, quality, and cost performance, and a customer service attitude to support production and sales.

Essential Responsibilities

  • Create, implement, and maintain strategic sourcing strategies and tactical purchasing for assigned commodity portfolio ranging across mechanical commodities, electronics, composites, or indirect material/services.
  • Conduct spend analysis, supplier assessment, and supplier selection using landed cost modeling.
  • Evaluate vendor quotes and prepare structured business award recommendations to internal stakeholders
  • Purchase and negotiate price, lead time, and net terms for assigned commodities
  • Identify and execute areas of opportunity to reduce costs and inventory by negotiating favorable business/service agreements with suppliers (consignment/VMI), value engineering, or purchase price variance.
  • Negotiate and manage cost models for suppliers (price, volume discounts, commodity cost forecasts and cost drivers, etc.)
  • Collaborate with Quality to capture appropriate performance measurements (Quality, Cost and Delivery) of supply base and provide timely feedback to assigned suppliers.
  • Continuously improve vendor and commodity knowledge by visiting current and prospective suppliers
  • Work with Accounts Payable and vendors to ensure on-time payments.


Position Requirements

  • Bachelor's Degree (Business, Operations, Supply Management or Engineering) preferred or equivalent experience.
  • 3 to 5 years of experience in Procurement, Administrative, or Supply Chain Management preferred, with alternate backgrounds in Manufacturing Operations or Start-Up environment considered.
  • Proficient level of expertise of areas such as commodity markets and RFI/RFQ benchmarking, and familiarity with strategic analysis tools such as scorecards, paretos, and five forces analysis.
  • Very strong Excel skills and be able to perform V lookups and create complex pivot tables, charts, and graphs at a minimum
  • Must have an ability to read and understand technical documents and engineering drawings.
  • Strong negotiation, oral and written communication skills, excellent analytical, planning, and process development skills, strong business judgement, and high level of initiative are all required
  • Demonstrated ability to articulate logical and persuasive arguments across the organization is required


Equal Pay Act Range

$74,800 - 111,400

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