What are the responsibilities and job description for the Lead Strategic Sourcing Specialist position at honeywell?
Lead Strategic Sourcing Specialist
The future is what you make it! When you join Honeywell, you become a member of our global team of thinkers, innovators, dreamers and doers who make the things that make the future. That means changing the way we fly, fueling jets in an eco-friendly way, keeping buildings smart and safe and even making it possible to breathe on Mars. Working at Honeywell isn’t just about developing cool things. That’s why all of our employees enjoy access to dynamic career opportunities across different fields and industries. We are ready for you to join our team! Are you ready to help us make the future?
Establish and drive sourcing of indirect professional services including finance, audit, advisory, consulting services, and financial programs, for your categories globally as per Annual Operating Plan and Strategic Plan. You will have responsibility for driving competitive category supply strategies to achieve lowest total cost for your category, reduce working capital via negotiation planning and execution, improve productivity, drive consumption reduction and Sole / Single Source elimination. You will manage supplier performance to support your category and ensure supply quality. You will be managing several projects and strategic contracts in dynamic environment. You will ensure compliance with company business policies and procedures.
Key Responsibilities
- Drive and execute plan with supporting strategies for key professional indirect services needs including any finance, audit, advisory services, financial programs, consulting services and various other professional service needs to support internal stakeholders
- Drive Total Cost of Ownership optimization through a mix of levers such as competition, price, service design, consumption, ratios of Subcontractors to Contract Service Workers.
- Manage supplier selection, RFI and RFQ process, eAuction, negotiation, contracting and supplier performance processes.
- Manage Master Service Agreements (MSAs) and Statements of Work (SoWs) from inception through negotiation, completion and maintenance.
- Manage Professional Services category strategies including spend analysis, benchmarking, cost analysis, market analysis and global technology / economic trends tracking.
- Ensure rigorous management of key suppliers through processes such as scorecarding, Business Reviews, Service Level analysis and corrective actions.
- Align with key internal stakeholders to build sourcing strategy to support short-term and long-term professional services needs
- Improve Working Capital thru Payment Terms extensions, Payment cycle optimization, and other initiatives.
- Assist in operational procurement escalations, reconciliations and reporting as required.