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Senior Strategic Sourcing Specialist
HoneywellResponsible for the development and execution of global sourcing strategy for Security and Access Solutions at Honeywell. Collaborate with internal stakeholders to drive productivity and supplier performance.
Tech Stack
Tools & technologiesiOSPMP
About the role
Key responsibilities & impact- Develop category strategies leveraging best-in-class suppliers, processes, and products to enable a competitive advantage.
- Partner with COE, Regional Sourcing and stakeholders to ensure alignment, support and execution.
- Lead the Digital procurement aspects of SAS team including Spend Analysis, Monthly performance to AOP calibration. Trend prediction, PPV guidance.
- Evaluate digital tools, collaborate with other sourcing leaders to implement emerging technologies.
- Build strong, long-term relationships with suppliers; lead supplier business reviews using KPI’s viz. (Quality, Cost, Delivery, NPI, Innovation etc.)
- Execute the annual operating plan through year-over-year improvements in productivity, working capital, quality, delivery and supply resiliency.
- Drive supplier rationalization to preferred PSL / best-in-class suppliers; Consolidate fragmented global spend, reduce the use of non-strategic suppliers.
- Negotiate and execute contract negotiations ensuring favorable terms (Pricing, Quality, SLA, Rebates, Price Reductions, Warranties, etc.). Ensure compliance and collaboration with internal stakeholders.
- Conduct spend analysis, market research and identify sourcing opportunities.
- Develop plans for CapEx, AWPOT, AWPT, Past Due reduction, IOS reduction and obsolescence management.
- Develop and publish key market intelligence including commodities, industry trends, benchmarks, etc.
- Partner with VE team to develop strong technical solutions including new technology, VA/VE, CE product and cost improvements with supply base.
- Develop and manage productivity pipeline and track it for AOP achievement.
- Develop a resilient supply chain, identify risks and develop mitigation plans.
- Leverage the use of sourcing platforms (SAP, Ariba, Accolade, LEAP etc.) for category management.
- Collaborate with SSE team and utilize TCO analysis to develop cost and productivity opportunities.
- Collaborate with internal factories, SIOP team to support build plans and drive OTTR improvement.
Requirements
What you’ll need- 8+ years of experience in Procurement, Supply Chain, Business, or Finance
- 5+ years of work experience in Strategic Sourcing or Procurement Transformation.
- Ability to independently lead multiple projects simultaneously
- Strong communication skills and ability to engage with large stakeholders
- Bachelor’s degree
- 5+ years of experience in sourcing electronic components.
- Project Management Experience
- CPIM/CSCP certification; Six Sigma / PMP preferred.
- Experience working in a matrix organization.
- Proven negotiation and communication skills.
- Well-developed problem solving and decision-making abilities.
- Experience with SAP, Request for Quotation Tools, Project Management & MS Office Tools.
- Experience managing multiple projects and priorities in a dynamic global environment.
Benefits
Comp & perks- A culture that fosters inclusion, diversity and innovation
- Market specific training and ongoing personnel development
- A truly global experience in an organization with footprint in multiple geographies
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
procurementstrategic sourcingspend analysiscontract negotiationsourcing electronic componentsproject managementsupply chain managementcost improvementrisk mitigationmarket research
Soft Skills
communication skillsproblem solvingdecision makingstakeholder engagementleadershipcollaborationorganizational skillsindependent project managementrelationship buildingnegotiation skills
Certifications
CPIMCSCPSix SigmaPMP