Buyer III

ITT Inc.-English

$83K — $124K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferred with 5-7 years of purchasing experience.
  • Broad market knowledge and technical understanding of materials and equipment.
  • Familiarity with modern ERP/MRPII systems or automated purchasing systems like Oracle.
  • Strong verbal and written communication skills in English; multi-lingual preferred.
  • Ability to travel locally and potentially domestically or internationally.

Responsibilities

  • Oversee purchase orders from demand signal to stock.
  • Negotiate purchasing terms for complex materials and supplies.
  • Solicit bids, analyze quotes, and conduct cost analyses.
  • Select and recommend suppliers based on negotiations.
  • Monitor supplier performance and ensure compliance with regulations and contracts.
  • Implement cost-saving initiatives and identify performance improvement opportunities.
  • Act as the supplier representative for internal customers.

Benefits

  • Mentorship and training opportunities for less experienced buyers.
  • Opportunity to work on cross-functional technical teams.
  • Travel opportunities for supplier interactions and assessments.
  • Involvement in new part projects and strategic sourcing initiatives.
Full Job Description
Position Summary

Responsible for purchasing and the tactical management of assigned suppliers and/or categories from receipt of planning requirements to payment of invoice. This includes but is not limited to order placement, cost savings initiatives, performance of assigned suppliers, rejections, and supplier suggestions or part moves within assigned supplier categories.

Essential Responsibilities

Responsible for the purchase order from the initial demand signal to stock.
  • Responsible for purchasing and negotiating materials, equipment, and supplies of increased complexity and importance.
  • Solicits bids, analyzes quotes, and conducts cost/price analyses.
  • Negotiates price and selects or recommends suppliers.
  • Manages and executes day to day activities as trained. Follows standard work in relation to communicating specifications, quantity, quality, and delivery commitments using approved authority. Seeks deviation from Management when outside of standard work.
  • Monitors past and current supplier performance. Ensures compliance to all regulations, goals, contracts and objectives. Escalates issues or supplier problems.
  • Maintains personal knowledge of the supplier, government regulations, and established purchasing practices and procedures.
  • Identifies and implements ideas for performance improvement, cost savings and supplier/supply strategy within assigned category(s).
  • Will be the supplier representative to all internal customers; Participates in new part projects, technical cross functional teams.
  • Visit suppliers as necessary.
  • Work with P2P on payment issues as needed.
  • Provides system and process training and mentorship to less experienced buyers
  • Performs other tasks as assigned.


Position Requirements

  • Bachelor's degree preferred with minimum 5-7 years of purchasing experience.
  • Must possess a broad knowledge of the market and a technical knowledge of materials and equipment.
  • Possesses strong process and technical familiarity with modern ERP/MRPII or an automated purchasing systems like Oracle.
  • Requires strong verbal and written communication skills in English. Multi-lingual capabilities preferred but not required.
  • Ability to travel. If required, most travel will be local. However, some domestic or international overnight travel may be required.

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.

Equal Pay Act Range

$83,000-$124,000

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