Sr Strategic Sourcing Spec

Job Description

This role will support to establish and drive procurement of materials, Softwares and services in alignment with business Leadership for assigned area of responsibility / commodity / category and/or region as per Annual Operating Plan and Strategic Plan. You will have global/regional Responsibility for driving competitive supply strategies to achieve lowest Total Cost ownership, reduced Working capital via Negotiation planning and execution, High Growth Region Sourcing, Value Engineering and Sole/ Single Source elimination. You will manage Supplier Performance to support your commodity/category and/or region and ensure supply continuity. You will be managing several projects in a dynamic global environment. You will ensure compliance with company business policies and procedures, Export /Import regulations.

Responsibilities

• Drive and execute Annual and Strategic Operating Plan with supporting strategies.
• Category Management for Business Software products & solutions,. Understand, formulate and manage Master Service Agreements Reseller Agreements, EULA, Service Level Agreements (SLAs) and different Capex & Opex costs for Software Procurement.
• Category Management for Computing Hardware like Storage, Services, Antivirus, IT Hardware.
• Right and Fast execution of strategies to align with business Growth.
• Manage Project, Category and Commodity sourcing Strategies including spend analysis, Benchmarking, Cost, Market Analysis and Global Technology / Economic trends.
• Ensure Relationship development and management with key Suppliers.
• Align with Sales, Marketing, Technology, Business, Operations, Finance and Quality and Other Honeywell Businesses.
• Manage Supplier selection, RFQ and RFI process, Negotiation, Contracting and supplier performance processes
• Support Presales pursuits aggressively for 3rd party buyouts products / services to achieve competitiveness and increase win rate.
• Work with Proposals & Estimation manager and optimize the cost of products & services, evaluating vendor’s offers techno-commercially, align terms & conditions on back-to-back basis before recommending e-gap approval to Sourcing Leadership.
• Deliver metrics meeting/exceeding Annual Operating Plan (AOP) and Strategy Deployment targets.
• Drive Functional excellence and Key metric include- early engagement, win rate, productivity, working capital, eAuction, Digitization & on-time delivery.
• Apply effective Sourcing supplier risk assessment methodologies to ensure supplier continuity.
• Improve Working Capital through Payment Terms extensions, Payment cycle optimization, Vendor Managed Inventories Inventory and Lead time reductions
• Achieve material spend of bought outs & its associated services as per project schedule and revenue plan.
• Engage with project management when projects are awarded to develop procurement plan and delivering metrics and expectations.
• Drive Process compliance and Excellence, initiate & support HOS (Honeywell Operating Systems) / improvement programs.
• Create, maintain & benchmark pre-sales buyout / procurement database across verticals from quotes and/ or projects executed.
• Collaborate with global category management / CoE Teams to identify and develop suppliers, establish contracts, cost models and price agreements. Develop alternate suppliers and solutions.
• Support timely submission of data/ reports monthly metric reporting.
• Drive and Ensure compliance with PA and Global Sourcing procedures and policies; leverage global tools.
  
  

Qualifications

• Bachelor’s degree in engineering
• Post graduation / MBA / CIPS / CPSM would be added advantage.
• 12-14 years of experience in Strategic Sourcing, Supply Chain and Procurement Experience in Process &/or Building Automation, Engineering Procurement & Construction (EPC) or Large Oil & Gas industries highly preferred.
• Experience in Sourcing of Software, IT Business Solutions, Computing Hardware (Servers, Storage, Networking) is essential.
• Strong Negotiations & Interdepartmental stakeholder management skills.
• Exposure to dealing with multi-regional based cross functional teams.
• Data analysis, Interpretation & Presentation skill.
• Execution - persistent drive for results, utilizing sound project management, organizational and problem-solving skills and Strategic thinker.
• Travel up to 20-40%
  
  

About Us

Honeywell helps organizations solve the worlds most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.

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