Sr Strategic Sourcing Manager

Posted 2 Days Ago
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Bengaluru, Bengaluru Urban, Karnataka, IND
Hybrid
Senior level
Aerospace
The Role
Leads global strategic sourcing and product cost-reduction initiatives, including should-cost analysis, cost modeling, benchmarking, productivity savings, and total cost of ownership improvements. Partners with engineering, product, operations, finance, quality, and supply chain teams throughout the product lifecycle. Manages supplier and commodity risks, supports NPI and design-to-cost initiatives, ensures compliance, and develops a strong sourcing team.
Summary Generated by Built In

You will report directly to our Senior Strategic Sourcing Director and you’ll work out of our Bangalore, India location on a Hybrid work schedule.

In this role, you will impact the company by executing global sourcing strategies that optimize product cost, improve supplier performance, and support business growth objectives. This role partners closely with Engineering, Product Management, Operations, Finance, Quality, and Supply Chain teams to drive cost competitiveness throughout the product lifecycle. As a people leader at Honeywell, you will play a critical role in developing and supporting our employees to help them perform at their best and drive change across the company. As a key leader, you will continuously work to build a strong, diverse team by recruiting talent, identifying and developing successors, driving retention and engagement, and fostering an inclusive culture.

Responsibilities

KEY RESPONSIBILITIES

  • Develop and execute global product cost reduction strategies aligned with business objectives. 
  • Lead should-cost analysis, cost modeling, and benchmark assessments to identify cost optimization opportunities. 
  • Drive annual productivity savings and total cost of ownership (TCO) improvements. 
  • Analyze material cost drivers, manufacturing processes, market trends, and commodity impacts.
  • Partner with Engineering and Product Development teams during New Product Introduction (NPI) phases. 
  • Influence product design decisions through Design-to-Cost (DTC) and Value Engineering initiatives. 
  • Monitor product cost performance and develop mitigation plans against inflationary pressures. 
  • Support product lifecycle management activities, including sourcing transitions and cost optimization projects.
  • Monitor commodity markets, supply chain trends, and geopolitical risks impacting product costs. 
  • Ensure compliance with company policies, sustainability objectives, and regulatory requirements.
Qualifications

YOU MUST HAVE

  • Bachelor's degree in Supply Chain Management, Engineering, Business, Finance, Operations, or related field. 
  • 8+ years of sourcing, procurement, supply chain, or product cost management experience. 
  • Proven track record of delivering significant cost savings and productivity improvements. 
  • Experience with cost modeling, should-cost analysis, and total cost of ownership methodologies. 
  • Advanced analytical and financial acumen. 
  • Willingness to travel domestically and internationally as required

WE VALUE

  • Master's Degree in Business, Supply Chain, or related field
  • Experience in a manufacturing or industrial environment
  • Knowledge of best practices in procurement and supply chain management
  • Strong analytical and problem-solving skills
  • Ability to influence stakeholders across multiple functions and geographies. 
  • Experience with supplier relationship management and supplier development

About UsHoneywell helps organizations solve the world's 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.

Skills Required

  • Bachelor's degree in Supply Chain Management, Engineering, Business, Finance, Operations, or a related field
  • 8+ years of sourcing, procurement, supply chain, or product cost management experience
  • Proven track record of delivering significant cost savings and productivity improvements
  • Experience with cost modeling, should-cost analysis, and total cost of ownership methodologies
  • Advanced analytical and financial acumen
  • Willingness to travel domestically and internationally as required
  • Master's degree in Business, Supply Chain, or a related field
  • Experience in a manufacturing or industrial environment
  • Knowledge of best practices in procurement and supply chain management
  • Strong analytical and problem-solving skills
  • Ability to influence stakeholders across multiple functions and geographies
  • Experience with supplier relationship management and supplier development
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The Company
Mississauga, Ontario
10,000 Employees
Year Founded: 1914

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