Sr Strategic Sourcing Manager
Honeywell Technology Solutions · Bengaluru · onsite · Posted 52d ago
Not disclosed8–10 yrsfulltimeSourced from
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About this role
Job Description
You will report directly to our Senior Strategic Sourcing Director and you'll work out of our Bangalore, India location on a Hybrid work 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
YOU MUST HAVE
Honeywell Technologies is a global, pure-play automation company with a legacy of innovating to help solve the world's most mission-critical challenges, enhancing the quality of life for people and communities around the world. We serve the building, industrial and process sectors with a broad portfolio of services, solutions and products, underpinned by our Honeywell Technologies Accelerator operating system and Honeywell Technologies Forge intelligence layer. By combining the deep domain expertise of our more than 50,000 employees with decades of data from our global installed base, we are uniquely positioned to lead the industrial sector's transition from automation to autonomy.
You will report directly to our Senior Strategic Sourcing Director and you'll work out of our Bangalore, India location on a Hybrid work 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.
YOU MUST HAVE
- Bachelor's 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
- Master's 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
Honeywell Technologies is a global, pure-play automation company with a legacy of innovating to help solve the world's most mission-critical challenges, enhancing the quality of life for people and communities around the world. We serve the building, industrial and process sectors with a broad portfolio of services, solutions and products, underpinned by our Honeywell Technologies Accelerator operating system and Honeywell Technologies Forge intelligence layer. By combining the deep domain expertise of our more than 50,000 employees with decades of data from our global installed base, we are uniquely positioned to lead the industrial sector's transition from automation to autonomy.
Sourced from foundit
Skills
total cost of ownership methodologiesSourcingFinancial AcumenProduct Cost ManagementCost ModelingShould-cost analysisProcurement
About Honeywell Technology Solutions
Honeywell Technology Solutions
Defence & Aerospace
22.8k+
employees
1994
32 years old
Bangalore/Bengaluru, Karnataka
India
₹19.8L PA avg
Avg at Honeywell Technology Solutions
About
Honeywell is transforming the way the world works, solving business's toughest challenges.
Industries
Defence & AerospaceEngineering & Construction
Employee ratings
10 reviews
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Culture
2.6
Career growth
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