Sr Strategic Sourcing Manager
Department:
Job Summary
You will report directly to our Senior Strategic Sourcing Director and youll work out of our Bangalore India location on a Hybridwork schedule.
In this role you will impact the company by executing global sourcing strategies that optimize product cost improve supplier performance and support business growth objectives. This role partners closely with Engineering Product Management Operations Finance Quality and Supply Chain teams to drive cost competitiveness throughout the product lifecycle. As a people leader at Honeywell you will play a critical role in developing and supporting our employees to help them perform at their best and drive change across the company. As a key leader you will continuously work to build a strong diverse team by recruiting talent identifying and developing successors driving retention and engagement and fostering an inclusive culture.
Responsibilities
KEY RESPONSIBILITIES
- Develop and execute global product cost reduction strategies aligned with business objectives.
- Lead should-cost analysis cost modeling and benchmark assessments to identify cost optimization opportunities.
- Drive annual productivity savings and total cost of ownership (TCO) improvements.
- Analyze material cost drivers manufacturing processes market trends and commodity impacts.
- Partner with Engineering and Product Development teams during New Product Introduction (NPI) phases.
- Influence product design decisions through Design-to-Cost (DTC) and Value Engineering initiatives.
- Monitor product cost performance and develop mitigation plans against inflationary pressures.
- Support product lifecycle management activities including sourcing transitions and cost optimization projects.
- Monitor commodity markets supply chain trends and geopolitical risks impacting product costs.
- Ensure compliance with company policies sustainability objectives and regulatory requirements.
Qualifications
YOU MUST HAVE
- Bachelors degree in Supply Chain Management Engineering Business Finance Operations or related field.
- 8 years of sourcing procurement supply chain or product cost management experience.
- Proven track record of delivering significant cost savings and productivity improvements.
- Experience with cost modeling should-cost analysis and total cost of ownership methodologies.
- Advanced analytical and financial acumen.
- Willingness to travel domestically and internationally as required
WE VALUE
- Masters Degree in Business Supply Chain or related field
- Experience in a manufacturing or industrial environment
- Knowledge of best practices in procurement and supply chain management
- Strong analytical and problem-solving skills
- Ability to influence stakeholders across multiple functions and geographies.
- Experience with supplier relationship management and supplier development
Required Experience:
Manager
About Company
Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability ... View more