Lead Strategic Sourcing Specialist (ElectronicsElectromechanical) at Honeywell

DescriptionJoin a team recognized for leadership innovation and diversityHoneywells ACST team is seeking a Lead Strategic Sourcing Specialist with a main sourcing background/experience in Electronics and Electromechanical commodities.As a Lead 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 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 managing supplier performance and ensuring compliance with company policies and procedures. 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. ResponsibilitiesKEY RESPONSIBILITIESDrive and execute Annual and Strategic Plan with supporting strategiesDevelop and implement sourcing strategies to optimize contracting terms cost quality and delivery performanceConduct market research and supplier evaluations to identify and onboard strategic suppliersLead supplier negotiations and contract management to ensure favorable terms and conditionsDrive continuous improvement initiatives to enhance supplier performance and supply chain efficiencyCollaborate with cross-functional teams to align sourcing strategies with business objectivesMonitor supplier performance and manage supplier relationships to mitigate risks and ensure complianceRight and fast execution of strategies to align with business growth and new product introductionsManage commodity strategies including spend analysis benchmarking cost market analysis and global technology / economic trendsCreate and negotiate long-term contracts and project-based statements of work to ensure best combination of price quality and deliveryEnsure relationship development and management with key supplier leadershipAlign with Sales Marketing Technology Business Operations Finance and Quality and other Honeywell businessesManage Supplier selection RFQ and RFI process Negotiation Contracting QBRs and supplier performance processesImprove Working Capital through Payment Terms extensions payment cycle optimization and lead time reductionsQualificationsMUST HAVEBachelors degree5 years of experience inProcurement Supply Chain3 years working in or with sourcing and managing supplier relationships & deliverables2 years of complex global commodity management leadership experienceStrong experience in sourcing in an R&D environmentStrong negotiation skills and processesAbility to independently lead sourcing projectsAbility to manage multiple projects in a dynamic global environmentStrong communication skills verbal and writtenExcellent relationship management skillsWE VALUEDirect contract negotiations/contract management experience(Terms and conditions that support a PO Long term agreements Liability Warranty Insurance Indemnity scope of work etc)Project management experienceExperience working and/or leading in team environmentsExperience with SAPExperience with Six Sigma and Lean ToolsDemonstrated Business and Financial acumenProfessional Certifications in Supply Chain/ Procurement/Contract ManagementU.S. citizenship is required due to contractual requirements. Applicants must also be able to obtain and maintain a U.S. Government security clearance. Continued employment is contingent upon successful completion of security processingThe annual base salary range for this position is $101000 - $126000. Please note that this salary information serves as a general guideline. Honeywell considers various factors when extending an offer including but not limited to the scope and responsibilities of the position the candidates work experience education and training key skills as well as market and business considerations.With 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. For more information visit:The application period for the job is estimated to be 40 days from the job posting date; however this may be shortened or extended depending on business needs and the availability of qualified candidates.Required Experience:IC Key Skills Finance Control,Finance,ABAP,Body Care,Business Analytics,Avionics Employment Type : Full-Time Department / Functional Area: Strategic Sourcing Experience: years Vacancy: 1 Monthly Salary Salary: 101000 - 126000