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.
- Other info: Experience with ERP systems and strong communication skills are preferred.
- 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.
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.
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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
#LI-JA1
#J-18808-LjbffrMaterial Planner in Street employer: ITT Inc.
ITT is an exceptional employer that fosters a culture of continuous improvement and innovation, providing employees with the opportunity to work on cutting-edge solutions in a dynamic global environment. With a strong commitment to employee growth, ITT offers comprehensive training programs and career advancement opportunities, ensuring that team members can thrive in their roles while contributing to meaningful projects that make a lasting impact. Located in a vibrant area, ITT's facilities are equipped with state-of-the-art technology, promoting collaboration and creativity among its diverse workforce.
StudySmarter Expert Advice🤫
We think this is how you could land Material Planner in Street
✨Join Supply Chain Meetups
Get yourself out there by attending supply chain meetups and industry events. It's a great way to meet fellow professionals, learn about trends, and maybe even hear about job openings before they’re posted online.
✨Show Off Your Skills on LinkedIn
Don’t just sit back and wait for opportunities! Post insights or articles on LinkedIn about supply chain challenges or solutions you’re passionate about. This not only showcases your expertise but can catch the eye of recruiters looking for someone like you.
✨Engage with Supply Chain Communities
Dive into online communities related to supply chain operations like forums or groups on Reddit and LinkedIn. Engaging in discussions can help you network, get advice, and you might even stumble upon some hidden job opportunities.
✨Apply through Our Website
When you spot a position at ITT Inc., make sure to apply through our website directly. It's often the quickest way to get your application in front of the right people and show that you’re genuinely interested in the role of Material Planner.
We think you need these skills to ace Material Planner in Street
Some tips for your application 🫡
Show Your Supply Chain Savvy:Make sure to highlight your relevant experience in supply chain operations. Whether it’s managing logistics or coordinating with suppliers, we want to see examples of how you've navigated the complexities of the supply chain. Concrete achievements, like reducing costs or improving delivery times, will definitely catch our eye!
Quantify Your Impact:When listing your previous roles on your CV, go for numbers! Mention percentages or actual figures where possible—like how much you've improved efficiency or reduced waste. It's all about showing us the tangible impact you've made in your past positions in supply chain operations.
Tailor Your Cover Letter:In your cover letter, don’t just regurgitate your CV. Instead, connect your experiences specifically to the role at ITT Inc.. Share why you're passionate about supply chain operations and how this full-time role aligns with your career goals—I mean, who wouldn’t want to hear that!
Research and Reflect:Before you apply, take some time to research ITT Inc. and its supply chain operations. Reflect on how your skills and experiences can fit into their operations. Being able to discuss their challenges and how you can contribute to solving them in your application will really make you stand out!
How to prepare for a job interview at ITT Inc.
✨Know Your Basics in Supply Chain Management
Make sure you've got a solid grasp of key supply chain concepts like demand forecasting, inventory management, and logistics. We could be quizzed on these during technical rounds, so brush up on any software tools commonly used in the industry like SAP or Oracle. This knowledge will help us show we can hit the ground running!
✨Show Off Your Analytical Skills
Prepare to discuss real-world scenarios where you've used data analysis to solve supply chain challenges. If you've got experience with tools like Excel or Tableau, get ready to talk about how you've used these to optimise processes or improve efficiencies. Employers love seeing that we can turn data into actionable insights!
✨Highlight Your Teamwork and Project Management Skills
In a full-time role, collaboration is key. Think of examples where you've worked on cross-functional teams or managed projects. Sharing how you navigated challenges while working with diverse groups will show that we can thrive in a dynamic environment like at ITT Inc..
✨Research Specific Challenges Faced by ITT Inc.
Look into any unique supply chain challenges ITT Inc. might be facing, whether it's sustainability, supplier relationships, or global disruptions. Being prepared to discuss these topics shows that we're not only informed but also genuinely interested in how we can contribute to their success. That’s a big plus in any interview!
