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For Companies At a Glance
- Tasks: Manage inventory and coordinate product flow to meet production goals.
- Company: ITT is a global leader in technology and engineering, dedicated to innovative solutions.
- Benefits: Enjoy competitive pay, potential remote work options, and a dynamic team environment.
- Why this job: Join a company that values innovation and offers opportunities for personal and professional growth.
- Qualifications: Bachelor's degree in Engineering and 5 years of relevant experience required.
- Other info: Experience with ERP systems and strong communication skills are preferred.
The predicted salary is between 36000 - 60000 £ per year.
About ITT:
At ITT, we have a clear purpose as an organization – to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets. Our continuous improvement mindset drives our commitment to evolving our capabilities as a multi-industrial technology, manufacturing and engineering leader. With a strong global footprint of more than 100 facilities, we are well positioned to solve critical challenges for our customers around the world. Our locations include manufacturing facilities and global service capabilities in 35 countries. Through these worldwide operations and building on our heritage of innovation, our approximately ~11,000 team members partner with our customers to deliver enduring solutions that make a lasting difference and help the world move forward. ITT is headquartered in Stamford, CT, with sales in approximately 125 countries. The company generated 2024 revenues of $3.6 billion.
- Motion Technologies: (Revenue of $1.4B; headcount of ~4,000; operates in 13 countries) manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation markets.
- Industrial Process: (Revenue of $1.4B; headcount of ~3,400; operates in 30 countries) manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts.
- Connect and Control Technologies: (Revenue of $0.8B; headcount of ~3,800; operates in 10 countries) manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.
Position Summary
Manage inventory levels required to meet shipment and operations objectives through manufacturing or purchasing procurement. Plan, schedule, coordinate and/or monitor the flow of products through the complete production cycle.
Expedite with Suppliers and Manufacturing personnel as required to meet/exceed Customer Service requirements. Support warehouse during material segregation and other operational activities for all IP Models. Manage spare parts ordering, expediting & receiving to serve production targets for AM spares.
Essential Responsibilities
- Schedule the supply of materials/components to meet production requirements and minimum safety stock levels
- Plan, develop, implement and evaluate processes for material delivery from supplier to point of fit
- Assess volume requirements against planning assumptions
- Day-to-day order management and management of deliveries
- Understand and manage risks to minimise impact on production schedule
- Take follow up actions in relation to material shortages that affect production
- Implement all processes to agreed standards and targets and support continuous improvement initiatives and identify areas of improvement
- Utilise any Material Requirements Planning system (MRP) or IT system that is in place and ensure that data is accurate and up to date and resolve any issues as required
- Monitor the integrity of Bill of Materials (BOM) and manage inventory accuracy
- Monitor inventory levels against agreed target levels
- Support inventory checks to validate inventory accuracy
- Minimise obsolete stock and ensure business is left with minimum liability
- Create regular statistical reports and analysis and update others in the organisation
- Review daily order reports to identify product requirements:
Supplier open order report
Supplier salvage report
Supplier OTP report
- Realize savings report
- Create purchase orders
- Modify existing purchase orders
- Other activities as part of sourcing system for a wide range of mechanical parts
- Expedite deliveries
- Work with suppliers to balance capacity and requirements to satisfy OTP and inventory levels
- Execute ECN materials actions
- Manage and reconcile inventory discrepancies due to lost parts and supplier non-conformance issues
- Manage supplier/manufacturing stocking programs
- Backup co-workers as required due to vacation, illness etc.
- Identify safety stock revisions
- Assist supply chain with supplier relations by reviewing on a monthly basis
- Work with engineering, contracts and planner to develop safety stock levels to support project demand
- Communicate any delays caused by abnormal demand, salvage, scrap or late parts
- Prepare Regional expense report, Realized savings report, supplier performance report and supplier capacity evaluation report monthly
- Work with suppliers and manufacturing to establish priorities when bottlenecks exist. Requires making decisions on partial shipments, splitting machining lots and other possibilities to maximize customer service
- Secure and analyze quotations; negotiate price and terms with suppliers and recommend based on cost, quality and delivery.
- Coordinate as appropriate quality matters and engineering changes/developments between manufacturing operations and suppliers
- Initiate and facilitate problem-solving skills, implement solutions and track results.
- Identify, suggest and implement process improvements by taking own initiative and generate lean projects in purchasing department
- Establish, retain and maintain data integrity with the current running ERP system
- Cost reduction initiatives
- Resolve complex delivery, quality or other related problems with purchases
- Serve technical focal for special or high level audits & assessments of supplier’s systems, processes & products.
Position Requirements
EDUCATION: Bachelor of Engineering with minimum of 5Years of experience in relevant filedEXPERIENCE:
5 yearsOTHER SKILLS/KNOWLEDGE/EXPERIENCE:Managerial experiencepreferred
Excellent verbal and written communication skillsPC LiterateKnowledge of Goulds Pumps Products preferred
ERP & SAP software fluencies
Query processing ERP/Excel
Presentation skills & ability to manage multiple priorities
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Material Planner employer: ITT, Inc.
Contact Detail:
ITT, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Material Planner
✨Tip Number 1
Familiarise yourself with Material Requirements Planning (MRP) systems, as this role heavily relies on accurate data management. Understanding how to navigate and utilise these systems will give you a significant edge during the interview process.
✨Tip Number 2
Brush up on your negotiation skills, especially in terms of supplier relations. Being able to demonstrate your ability to negotiate prices and terms effectively can set you apart from other candidates.
✨Tip Number 3
Showcase your problem-solving abilities by preparing examples of how you've handled inventory discrepancies or supply chain issues in the past. This will highlight your proactive approach and readiness to tackle challenges.
✨Tip Number 4
Research ITT's products and services, particularly in the Motion Technologies and Industrial Process sectors. Having a solid understanding of their offerings will allow you to speak confidently about how you can contribute to their goals.
We think you need these skills to ace Material Planner
Some tips for your application 🫡
Tailor Your CV: Make sure to customise your CV to highlight relevant experience and skills that align with the Material Planner role. Focus on your inventory management, procurement, and supply chain experience, as well as any specific software proficiencies like ERP or SAP.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the industry and your understanding of ITT's mission. Mention specific examples from your past work that demonstrate your ability to manage inventory levels and improve processes.
Highlight Relevant Skills: In your application, emphasise key skills such as problem-solving, communication, and analytical abilities. These are crucial for managing supplier relationships and ensuring production targets are met.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at ITT, Inc.
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Material Planner. Familiarise yourself with inventory management, supply chain processes, and how to use MRP systems. This will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Your Problem-Solving Skills
Be prepared to discuss specific examples where you've successfully resolved issues related to inventory discrepancies or supplier delays. Highlight your analytical skills and ability to implement effective solutions.
✨Communicate Clearly
Since excellent verbal and written communication skills are essential for this role, practice articulating your thoughts clearly. Be concise and ensure you can explain complex concepts in simple terms, especially when discussing technical aspects.
✨Research the Company
Familiarise yourself with ITT's operations, values, and recent developments. Understanding their market position and challenges will allow you to tailor your responses and show genuine interest in the company during the interview.
