Itt Inc.
Manufactures engineered critical components & custom tech for transportation, industrial & energy markets.
Analyzes pricing, bids, and profitability for global accounts, driving optimal margins.
23 days ago
Junior (1-3 years), Expert & Leadership (13+ years)
Full Time
Vadodara, Gujarat, India
Office Full-Time
Company Size
11,700 Employees
Service Specialisms
Engineering
Technical Services
Consulting
Design
Project Management
Sector Specialisms
Industrial
Energy
Chemical
Automotive
Rail
Oil and Gas
Mining
Pulp and Paper
Role
Description
pricing models
rfq management
bid evaluation
spec review
offer preparation
vendor review
- Close coordination with sales/Application team for Technical/commercial change/requirement
- Float RFQ to Advance Procurement Team /vendor for Buyout offers.
- Develop and maintain pricing models to optimise pricing strategies and drive profitability.
- Technical Bid Evaluation for various bought out items.
- Review of BID/Tender/RFQ/Customer specs/TQ received from Sales/Application.
- Preparation of detail techno‐commercial offer.
- Lead discussions to consult with business leaders to generate insights on customer price sensitivities, market intelligence, and profitability impacts, with the objective of Profit optimization.
- Review & finalize Techno commercial Vendor offers/TQ.
- Organize and participating in review meetings with customer/project consultants/vendor to freeze the requirement/deviation.
Requirements
be/btech
api 610/682
costing
motor
communication
analytical
- Knowledge on Inco terms, Local Taxes, Duties etc.,
- Knowledge on Motors, Lub systems or seal systems.
- Communication and Interpersonal Skills: Clear communication with internal stakeholders, vendors, and cross-functional teams.
- Decision-Making Under Pressure: Ability to make timely and sound decisions in high-stakes or time-sensitive scenarios.
- Knowledge on Application/Techno commercial Proposal preparation.
- Knowledge on costing for large size project considering the long term project risk.
- Pump/Motor/Seal Plan knowledge
- Attention to Detail: Precision in reviewing contracts, specifications, and procurement documents
- Interpersonal and communication skills.
- Adaptability and Problem-Solving: Flexibility to manage changing market conditions, supply chain disruptions, and unexpected vendor issues
- Analytical Mindset: Proficiency in analyzing data to drive purchasing decisions and supplier performance improvements.
- BE/Btech (Mech) with min 5 years of experience in relevant industry. MBA or advanced degree is a plus.
- Chemical and Oil & Gas industry knowledge
- Proactive and results-oriented mindset with the ability to prioritise and manage multiple projects simultaneously.
- Knowledge on API 610/682
Benefits
- Inco term/duty benefit
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
Information not given or found
Company
Overview
Founded in 1920
Year Established
The company was established as a pioneering force in the telecommunications industry.
$3.6B Annual Revenue
Company Income
Generates significant revenue annually through its innovative engineering solutions.
Three Core Divisions
Business Units
Operates through Motion Technologies, Industrial Process, and Connect & Control divisions.
100-Year Legacy
Operational History
Continues to deliver mission-critical components across harsh environments after a century of operation.
- Evolved into a global industrial innovator.
- Now based in Stamford, Connecticut, the company is publicly traded.
- Typical projects include shock absorbers for vehicles, industrial pumps and valves for chemical plants, and connectors for aerospace applications.
- Portfolio features legendary brands like Goulds Pumps, KONI shock absorbers, Cannon connectors, and Enidine absorbers.
- Growth stems from both organic innovation (like EV brake pads) and strategic M&A such as Svanehøj and kSARIA acquisitions.
Culture + Values
35 Countries
Global Reach
The company has employees stationed in over 35 countries worldwide.
63% Safety
Zero Incidents
In 2023, 63% of global sites achieved zero recordable safety incidents.
$100M CapEx
Green Projects
In 2022, green-project capital expenditures exceeded $100 million, representing an 18% increase from 2021.
- “Building on our heritage of innovation… deliver enduring solutions to the key industries that underpin our modern way of life.”
- “Partner with our customers to deliver enduring solutions…”
Environment + Sustainability
10% reduction
GHG emissions target
Aims to reduce Scope 1 & 2 greenhouse gas emissions by 10% by 2026 compared to 2021 baseline.
$25 million
Green-energy investment
Committed to $25 million for green-energy projects, including 20,000 solar panels across 8 sites.
7% reduction
Water consumption
Achieved a 7% reduction in water consumption as of 2022.
300bps growth
Electric products revenue
Revenue from electric & emissions-reducing products grew 300 basis points vs. 2022, reaching ~15% of total revenue.
- Solar installations: e.g., KONI Netherlands >50% site energy from solar since 2023; Italy, US, Korea, Mexico, China active
- Energy-efficiency projects: LED lighting, HVAC, water requalification included in 2022 CapEx
- Over 17% increase in recycled-material usage (2022 update)
Inclusion & Diversity
35% Women
Global Leadership
Percentage of leadership roles globally held by women.
15% Black & Hispanic
U.S. Leadership
Representation of Black and Hispanic individuals in U.S. leadership roles.
85% Completion
Unconscious Bias Training
Percentage of managers who completed unconscious-bias training in year one.
>2,000 Hours
Employee Mentorship
Global coaching hours provided by Employee Resource Groups.
- Published EEO-1 workforce demographic report (2021)