Commodity & Purchasing Analyst Specialist
Descrizione dell'offerta
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 andSvanehøj.
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 includeFriction Technologies, KONI andAxtone.
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 includeITT Cannon, Enidine, Aerospace Controls andkSARIA.
Riepilogo posizione
The Commodity & Purchasing Analyst Specialist reports directly to the Purchasing Manager and represents a strategic role within the Purchasing team.
The position supports the Purchasing function with a focus on both direct and indirect materials spend, combining strong analytical expertise with commodity market monitoring and cross-functional collaboration.
Through data-driven insights and structured reporting, the role contributes to strategic sourcing decisions, cost optimization initiatives and overall procurement performance improvement.
Responsabilità essenziali
Market & Commodity Analysis
- Monitor market trends of key raw materials to ensure up-to-date industry knowledge and an effective information flow within the organization.
- Provide analytical support to buyers and commodity managers to strengthen negotiation strategies and sourcing decisions.
Strategic Planning & Budgeting
- Support strategic planning and budgeting processes by coordinating purchasing data and preparing analyses required by Finance.
- Contribute to cost forecasting, savings tracking and performance evaluation.
Reporting & KPI Management
- Prepare, consolidate and monitor official KPIs for the Purchasing function.
- Analyze purchasing performance metrics and deliver regular and ad hoc reports to management.
- Develop dashboards and reporting tools to enhance visibility on spend, savings and supplier performance.
Process Improvement & Tools Development
- Collaborate on internal projects focused on process optimization and the development of tools, templates and methodologies, in coordination with IT.
- Actively contribute to continuous improvement initiatives within the Purchasing organization.
Cross-Functional Collaboration
- Work closely with R&D, Production, Quality and Finance to provide analytical and operational purchasing support.
- Ensure alignment between procurement strategies and overall business objectives.
Vendor Data Management
- Maintain and update the vendor database, ensuring data accuracy, completeness and compliance with company standards.
Requisiti di posizione
- Bachelor’s degree in Economics, Business Administration, Supply Chain, Engineering or other STEM-related field.
- Minimum 2 years of experience in Procurement, Sourcing or Strategic Purchasing.
- Experience in automotive, industrial parts procurement or other regulated environments is a plus.
- Strong analytical and data management skills.
- Advanced proficiency in Power BI (or similar BI tools) and MS Office, with excellent Excel skills.
- SAP knowledge is preferred.
- Strong organizational and time management skills.
- Problem-solving mindset, proactive attitude and ability to work both independently and within a team.
- Strong interpersonal and cross-functional collaboration skills.
- Fluent in written and spoken English.