Sr Strategic Sourcing & Category Management Specialist
Honeywell
Job Description
Job Description
Job Description
Establish and drive procurement of material and services in alignment with business leadership for Buy-to-Sell (BTS) categories as per Annual Operating Plan and Strategic Plan. Execute global functional transformation to create a strong supply base for BTS products and subcontracting solutions Analyze business processes, identifying areas for improvement, and developing strategies to enhance efficiency and productivity. The ideal candidate will possess strong analytical skills, excellent communication abilities, and a deep understanding of business operations, ERP and e-Sourcing tools. You will be managing several projects in dynamic environment. Responsibilities Strategic Sourcing- Drive execution of Annual and Strategic Plan for assigned categories/commodities
- Develop Commodity Strategies including spend analysis, Benchmarking, Cost, Market Analysis and Global Technology / Economic trends
- Ensure Supplier selection, RFQ and RFI process, Negotiation, Contracting and supplier performance processes are followed
- Improve Working Capital thru Payment Terms extensions, Payment cycle optimization, Vendor Managed Inventories Inventory, supplier rationalization and Lead time reductions
- Collaborate with stakeholders to understand their needs and gather detailed business requirements
- Analyze data to identify trends, patterns, and insights that inform business decisions.
- Develop and document business process models to illustrate current and future states.
- Identify opportunities for process improvements and contribute to ongoing optimization efforts.
- Propose and design technical and process solutions that meet business needs and objectives.
- Work with functional stakeholders to implement commodity/category strategies and ensure they align with business goals.
- Communicate findings, recommendations, and project updates to stakeholders and executives.
- Collaborate with stakeholders to understand their needs and gather detailed business requirements
- Analyze data to identify trends, patterns, and insights that inform business decisions.
- Develop and document business process models to illustrate current and future states.
- Identify opportunities for process improvements and contribute to ongoing optimization efforts.
- Propose and design technical and process solutions that meet business needs and objectives.
- Work with functional stakeholders to implement commodity/category strategies and ensure they align with business goals.
- Communicate findings, recommendations, and project updates to stakeholders and executives.
- 3 or more years' experience in strategic sourcing & category/commodity management
- Project Management and/or Contract Management Experience
- Experience collaborating with cross-functional teams.
- Experience with business process modeling and documentation tools.
- Knowledge of project management methodologies and tools.
- Hands on experience in developing & deploying category/commodity strategies
- Bachelors Degree
- BTS Sourcing experience is valued for this Role
- Strong analytical and problem-solving skills.
- Proficiency in data analysis tools and techniques.
- Professional Certifications in Project/Supply Chain/ Procurement/Contract Management
- Strong communication and Negotiation skills to manage suppliers and influence internal stake holder to implement and create opportunities Management/Sourcing/Procurement/Business
- Demonstrated Business and financial acumen
- Experience with SAP or site relevant ERP systems, E Sourcing Platforms, Request for Quotation Tools, Project Management Tools
- Experience with Six Sigma and Lean Tools
Category Management, "SkillType" : null, "SkillId" : "300002491458936", "SectionId" : "300000016520798", "ContentItemId" : null; Category Strategy Development, "SkillType" : null, "SkillId" : "300002491458938", "SectionId" : "300000016520798", "ContentItemId" : null; Contract Management, "SkillType" : null, "SkillId" : "300002491458940", "SectionId" : "300000016520798", "ContentItemId" : null; Global Procurement, "SkillType" : null, "SkillId" : "300002491458942", "SectionId" : "300000016520798", "ContentItemId" : null; Negotiation Skills, "SkillType" : null, "SkillId" : "300002491458941", "SectionId" : "300000016520798", "ContentItemId" : null; Vendor Management, "SkillType" : null, "SkillId" : "300002491458943", "SectionId" : "300000016520798", "ContentItemId" : null
Vacancy posted 4 days ago
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