Sr Strategic Sourcing Specialist

Job Description As a Sr. Strategic Sourcing Specialist here at Honeywell, you will play a critical role in driving the end-to-end cycle of strategic sourcing initiatives and supplier management. You will be responsible for establishing and executing sourcing strategies that are aligned with business leadership and achieve the lowest total cost, reduced working capital, and ensure supply continuity. You will also be responsible for conducting supplier evaluations, negotiating contracts (including MSAs, SaaS Agreements, Reseller Agreements, etc), drafting statements of work, and managing supplier relationships. This role requires a strong understanding of procurement best practices, strong contracting experience, excellent negotiation skills, strategic thinking, and the ability to drive cost savings and process improvements. In this role, you will impact the company by driving competitive commodity and category supply strategies, reducing commercial risk, managing supplier performance, and ensuring compliance with company policies and procedures including data privacy and information security. You will also contribute to the growth and success of the business by identifying cost-saving opportunities, implementing value engineering initiatives, and eliminating sole / single sources. Responsibilities Drive and execute Annual and Strategic Plan with supporting strategies Develop and implement sourcing strategies to optimize contracting terms, cost, quality, and delivery performance Conduct market research and supplier evaluations to identify and onboard strategic suppliers Lead supplier negotiations and contract management to ensure favorable terms and conditions Drive continuous improvement initiatives to enhance supplier performance and supply chain efficiency Collaborate with cross-functional teams to align sourcing strategies with business objectives, primarily in the areas of robotics and software Monitor supplier performance and manage supplier relationships to mitigate risks and ensure compliance Right and fast execution of strategies to align with business growth and new product introductions Manage commodity strategies including spend analysis, benchmarking, cost, market analysis and global technology / economic trends Create and negotiate long-term contracts and project-based statements of work to ensure best combination of price, quality, and delivery Ensure relationship development and management with key supplier leadership 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 Improve Working Capital through Payment Terms extensions, payment cycle optimization, and lead time reductions Qualifications Must Have 5+ years of experience in Procurement, Supply Chain, Business, or Finance Strong negotiation skills and processes Experience managing cross-functional stakeholder relationships Strong analytical, financial, and contract management skills Demonstrated experience leading complex negotiations for technology and/or software categories Ability to independently lead sourcing projects Ability to manage multiple projects in a dynamic global environment Strong communication skills – verbal and written Excellent relationship management skills We Value Strong experience in Sourcing Experience in Robotics category management 3+ years working in or with sourcing and managing supplier relationships & deliverables 2+ years of complex global commodity management leadership experience Direct contract negotiations/contract management experience (Terms and conditions that support a PO, Long term agreements, Liability, Warranty, Insurance, Indemnity, scope of work, etc) Strong knowledge of software licensing models, SaaS agreements, cloud contracting, and subscription-based commercial structures Project management experience Experience working and/or leading in team environments Experience with Oracle, eSourcing platforms, Request for Quotation Tools, Project Management Tools Experience with Six Sigma and Lean Tools Demonstrated Business and financial acumen Professional Certifications in Project/Supply Chain/ Procurement/Contract Management Bachelors degree Benefits In addition to a competitive salary, leading-edge work, and developing solutions side‑by‑side with dedicated experts in their fields, Honeywell employees are eligible for a comprehensive benefits package. This package includes employer‑subsidized Medical, Dental, Vision, and Life Insurance; Short‑Term and Long‑Term Disability; 401(k) match, Flexible Spending Accounts, Health Savings Accounts, EAP, and Educational Assistance; Parental Leave, Paid Time Off (for vacation, personal business, sick time, and parental leave), and 12 Paid Holidays. #J-18808-Ljbffr Honeywell INC.