Sr Strategic Sourcing Spec

Honeywell

  • Pune, Maharashtra
  • Permanent
  • Full-time
  • 27 days ago
Driving Infinite Possibilities Within A Diversified, Global Organization This role will supportto establish and drive procurement of material 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. Key Responsibilities: . Drive and execute Annual and Strategic Plan with supporting strategies. . Right and Fast execution of strategies to align with business Growth and New Product Introductions . 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 Supplier Leaderships . 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 cost 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 & it's 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 to identify and develop suppliers, establish contracts, cost models and price agreements. Develop alternate suppliers and solutions. . Support APAC & Global team for sourcing competitive suppliers from emerging market . Support timely submission of data/ reports monthly metric reporting. . Drive and Ensure compliance to PMT and Global Sourcing procedures and policies and leverage global tools. BASIC QUALIFICATIONS . Bachelor's degree in engineering . Post graduation / MBA / CIPS / CPSM would be added advantage. . 10-12 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. . Communication and Interpersonal multi-lingual, crisp verbal skills for velocity, plus effective listening skills effective facilitation skills demonstrates high energy, and model behaviors to motivate other to follow. . 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% WE VALUE : . Significant experience in Global Supply chain Process, Sourcing and Procurement Process . Working in Matrix and complex Team Environment . Project Management and/or Contract Management Experience . Professional Certifications in Project (PMP) / Supply Chain (CPSM) / CIPS / Procurement & Contract . Demonstrated Business and financial acumen. . Experience with SAP, E Sourcing Platforms, eRFX digital Tools, Project Management Tools . Experience managing multiple projects in a dynamic global environment. . Ready to Handle Global Leadership and work in diversify working culture. . Fluent with Excel & Data Analytics, Power Point and Reporting out to Business & global Leadership

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