ITT, headquartered in Stamford, CT, operates competitively in more than 35 countries with sales in approximately 125 countries and partners with customers to deliver enduring solutions to the key industries that underpin our modern way of life. The company generated 2021 revenues of $2.8 billion.

ITT operates through three Value Centers (business units):

Industrial Process designs and manufactures pumps, valves, monitoring and control systems, water treatment and aftermarket services for the chemical, oil and gas, mining and other industrial process markets, as well as global service capabilities;

Motion Technologies designs and manufactures brake pads, shock absorbers and sealing solutions for the automotive and rail markets;

Connect and Control Technologies designs and manufactures harsh-environment connectors and critical energy absorption and flow control components primarily for the aerospace, defense and industrial markets.

Summary:

ITT Goulds Pumps is seeking an Inventory Analyst for our Seneca Falls, NY facility. This functional subject matter expert will work cross functionally to develop and drive the inventory strategy plan to ensure optimal inventory levels and optimal cost. The suitable candidate will have a meaningful impact on the company’s future! Specifically, the Inventory Analyst will be balancing the purchase and production of items that are manufactured with meeting our customer need for improved lead time. This will require improvements in inventory management processes; improvements in our organizational wide forecast processes; and improvements in the material and communication flow between supply chain and subcontracted suppliers. In the role of Inventory Analyst, you’ll work closely within the Operations department leadership team, as well as counterparts in Purchasing, Global Supply Chain, Engineering, Finance, Product Management and Sales to ensure we’re thinking of solutions that benefit our customers and ITT Goulds Pumps equally.

• Spearheads the development of the capacity management process, including identification of capacity gaps to ensure successful execution of customer demands in support of SIOP.
• Work cross functionally to establish an inventory plan to support market lead time, variability by optimizing working capital
• Work with buyers, planners, product management, and global supply chain to develop an inventory strat plan/plan for every part
• Monitor forecasts and quotas to identify changes or to determine their effect on supply chain/inventory activities.
• Analyze inventories to determine how to increase inventory turns, reduce waste, or optimize customer service.
• Set up special programs: KanBan, pull systems, global warehousing and consignment etc.
• Evaluate usage and variability
• Lead manage and execute supplier conversions after sourcing team identifies a new supplier
• Participate in the coordination of engineering changes, product line extensions, or new product launches to ensure orderly and timely transitions in material or production flow.
• Facilitate the elimination of excess and obsolete inventory
• Responds to all internal and external customers with urgency and professionalism.

• Bachelor's degree is required (Supply Chain or Engineering degree is preferred)
• 5+ years of relevant supply chain and inventory management experience working with low volume high mix product implementing inventory management strategies in support of customer demand fulfillment
• Strong knowledge of lean management systems and impact on inventory management is required
• Tactical systems experience including SAP and MS office (must be highly skilled in Excel to connect and/or consolidate data through pivot tables, charting data, and able to create compound and complex formulas.)
• Ability to analyze data from various MS Office tools
• Highly organized and able develop inventory strategy plans
• Ability to analyze product hierarchies and extract data from bills of materials
• APICS CPIM certification is preferred

“ITT Inc. is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran or disability status, or any other characteristic protected by law.”

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