What are the responsibilities and job description for the Sr Strategic Sourcing Specialist position at honeywell?
This role is an Electrical Business Partner, primarily supporting the Industrial Automation group with a focus on Electrical Spend. The successful candidate will be responsible for establishing and driving the procurement of materials and services across all regions and businesses in alignment with our Annual Operating and Strategic Plans.
Responsibilities include driving competitive supply strategies to achieve the lowest Total Cost, reducing Working Capital through negotiation planning and execution, sourcing from High Growth Regions, implementing Value Engineering, and eliminating Sole/Single Source suppliers. The candidate will manage Supplier Performance to support their commodity/category and/or region, ensuring supply continuity while managing multiple projects in a dynamic global environment.
Key Responsibilities:
- Drive and execute the Strategic Plan for IA Electrical commodity spend with the Strategic Business Groups.
- Execute strategies in a timely and efficient manner to align with business growth and new product introductions.
- Manage Electrical Category Strategies, including spend analysis, benchmarking, cost and market analysis, and global technology/economic trends.
- Build new relationships with key supplier leadership.
- Lead supplier selection, RFQ and RFI processes, negotiation, contracting, and supplier performance processes.
- Improve Working Capital through improved payment terms.
- Maintain a corporate preferred supplier base and leverage spend across the Strategic Business Groups.
- Apply effective sourcing supplier risk assessment methodologies to ensure supply continuity.
