Principal Strategic Sourcing Specialist

Join a team recognized for leadership, innovation and diversity

THE FUTURE IS WHAT WE MAKE IT.

Strategic Sourcing Specialist Principal
Penang, Malaysia

Start your career by making an impact and real connections with some of the most meaningful challenges around. When you join Honeywell, you become a member of our performance culture comprised of diverse leaders, thinkers, innovators, dreamers, and doers who are changing the future.

Make the Best You.

Working at Honeywell is not just creating incredible things. You will collaborate with top minds, grow through continuous learning, and benefit from an inclusive environment that rewards performance and celebrates achievements.

Join Us and Make an Impact.

As a Strategic Sourcing Principal, your focus will be to establish and drive procurement of material and services in alignment with business leadership for your assigned commodity/category and/or region as per the Annual Operating Plan and Strategic Plan. You will have global responsibility for driving competitive commodity and category supply strategies to achieve the lowest Total Cost for your site, reduced Working capital via Negotiation planning and execution, High Growth Region Sourcing, Value Engineering, and Sole/Single Source elimination. You will manage Supplier Performance to support your commodity/category and/or region and ensure supply continuity. You will be managing several projects in a dynamic environment. You will ensure compliance with company business policies and procedures, Export/Import regulations.

Key Responsibilities

1. Create Electrical strategy across Strategic Business Groups. Partner with business teams.
2. Drive a value proposition from analyses of complex data.
3. Drive and execute Annual and Strategic Plan with supporting strategies.
4. Right and Fast execution of strategies to align with business Growth and New Product Introductions.
5. Manage Global Commodity Strategies including spend analysis, Benchmarking, Cost, Market Analysis, and Global Technology/Economic trends.
6. Ensure Relationship development and management with key Supplier Leaderships.
7. Align with Site Sales, Marketing, Technology, Business, Operations, Finance, Quality, and Other Honeywell Businesses.
8. Manage Supplier selection, RFQ and RFI process, Negotiation, Contracting, and supplier performance processes.
9. Improve Working Capital through Payment Terms extensions, Payment cycle optimization, Vendor Managed Inventories, Inventory and Lead time reductions.
10. Assist in Site Tactical Procurement escalations, reconciliations, and reporting as required.

1. Experience in Electrical category.
2. Experience creating strategies across different businesses.

1. Working and/or Leading in Site Team Environments.
2. Bachelor’s Degree.
3. Project Management and/or Contract Management Experience.
4. Professional Certifications in Project/Supply Chain/Procurement/Contract Management.

Who We Are

The Future Is What We Make It at Honeywell. From sustainable aviation fuel and life-saving healthcare sensors to collaborating on every NASA space mission since the 1950s, over 100 years of innovation has always been driven by an investment in our people. Learn more about Honeywell: Watch Here.

Discover More

Our focus at Honeywell is innovation that drives business, improves the bottom line, and creates solutions for our customers and communities around the world. There’s a lot for you to discover. Our solutions, our case studies, our #Futureshapers, and so much more.

Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.

For more information on how we process your information in the job application process, please refer to honeywell.com/us/en/privacy-statement.

If a disability prevents you from applying for a job through our website, e-mail accessibility@honeywell.com. No other requests will be acknowledged.

Copyright 2024 Honeywell International Inc.

Additional Information

• JOB ID: HRD263999
• Category: Procurement
• Relocation Tier: Not Applicable
• Security Clearance:
• Aviation Authority (FAA for US):
• Band: 04
• Referral Bonus: 4000
• Requisition Type: Standard Requisition
• US Citizenship:
• FLSA Statement:
• FLSA CODE: Exempt