Sr Strategic Sourcing Spec

Reposted 21 Days Ago
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Pune, Mahārāshtra, IND
In-Office
Senior level
Aerospace • Security • Energy • Industrial
The Role
This role involves managing strategic sourcing for materials, software, and services, ensuring cost efficiency and supplier performance while driving procurement strategies aligned with business goals.
Summary Generated by Built In

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 & 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 / 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 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 engineering
  • 12-14 years of experience in Strategic Sourcing, Supply Chain and Procurement
  • Experience in Sourcing of Software, IT Business Solutions, Computing Hardware
  • Post graduation / MBA / CIPS / CPSM would be added advantage

Honeywell Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Honeywell and has not been reviewed or approved by Honeywell.

  • Retirement Support Retirement plans feature a notably strong company 401(k) match with vesting after three years, enhancing long-term savings security. Additional tax-advantaged accounts and company contributions for eligible earners further strengthen financial preparedness.
  • Leave & Time Off Breadth Time off policies include flexible or unlimited vacation for many salaried roles and a broad observed-holiday schedule, providing manager-approved flexibility. This structure supports rest and work-life balance across varied needs.
  • Parental & Family Support Parental leave offers paid time for birth, adoption, or foster care that can be taken consecutively or intermittently. The design enables practical flexibility in how family leave is used.

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The Company
HQ: Charlotte, NC
110,269 Employees
Year Founded: 1906

What We Do

Honeywell is a Fortune 500 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 110,000 employees worldwide, including more than 19,000 engineers and scientists, we have an unrelenting focus on quality, delivery, value, and technology in everything we make and do.

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