Sr Strategic Sourcing Manager

Honeywell
Bengaluru
Workplace: HybridFull timeFunction: Procurement & SourcingExperience: 8+ yearsEducation: bachelorsSkills: ["Analytical skills","Financial acumen","Problem-solving","Stakeholder influence","People leadership"]

Lead global product cost reduction by developing and executing sourcing strategies for Honeywell Building Automation. Own should-cost analysis, cost modeling, benchmarking, and total cost of ownership improvements while analyzing cost drivers, commodities, and market trends. Partner across Engineering, Product Development, Operations, Finance, Quality, and Supply Chain during NPI and product lifecycle transitions. As a people leader, recruit, develop, and retain talent to improve supplier performance and cost competitiveness.

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Honeywell
Honeywell
1 day ago

Sr Strategic Sourcing Manager

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Job Summary

Lead global product cost reduction by developing and executing sourcing strategies for Honeywell Building Automation. Own should-cost analysis, cost modeling, benchmarking, and total cost of ownership improvements while analyzing cost drivers, commodities, and market trends. Partner across Engineering, Product Development, Operations, Finance, Quality, and Supply Chain during NPI and product lifecycle transitions. As a people leader, recruit, develop, and retain talent to improve supplier performance and cost competitiveness.
Location: Bengaluru
Workplace: Hybrid
Employment Type: Full time
Job Function: Procurement & Sourcing
Seniority: Sr. Manager level

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 during NPI and influence product design decisions through Design-to-Cost (DTC) and Value Engineering; monitor cost performance and develop mitigation plans.
Travel: High travel

Pay and Benefits

Perks:Relocation

Key Requirements

  • •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 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, with willingness to travel domestically and internationally as required.
Experience:8+ years
Education:Bachelor's
Skills:Analytical skillsFinancial acumenProblem-solvingStakeholder influencePeople leadership

Company Brief

Honeywell
Global diversified technology and manufacturing company providing aerospace systems, building technologies, performance materials, and safety & productivity solutions for industrial, commercial, and consumer markets.
Industry: Conglomerates & Holding Companies
Company Size: Enterprise (1,001+ employees)
Revenue: USD 25B to 50B
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Charlotte, United States
Founded: 1906
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Glassdoor: 3.8
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