Senior Director Strategic Sourcing S&D

Honeywell International - Morris Plains, NJ

Full-time - Senior

Morris Plains, NJ

Computer and Electronic Product Manufacturing

About the position

The Senior Director of Strategic Sourcing for Sustainability & Decarbonization (S&D) at Honeywell plays a crucial role in shaping procurement strategies to achieve cost reductions, enhance supplier performance, and ensure supply chain continuity. This position serves as the Procurement Business Partner for the S&D leadership team, significantly influencing the financial performance of the business through effective sourcing and supplier management. The role involves developing strategic procurement plans, building partnerships with stakeholders, and driving sustainability initiatives within the division.

Responsibilities

• Develop and execute annual and strategic procurement plans to meet short term and long term business goals and optimize supply chain performance
• Build strategic partnerships with S&D business stakeholders, including P&L owners, finance, production, R&D, supply chain and quality teams
• Create and own the strategic supply roadmap for S&D business which can meet cost, quality, delivery and regulatory requirements for the next decade
• Identify and develop strategic suppliers who meet our S&D business strategic objectives
• Build resilient supply chain and identify and mitigate risks related to supply chain disruptions, quality issues, and regulatory changes
• Lead procurement activities within transformation and repositioning projects
• Drive sourcing relationships with Honeywell's strategic alliances in partnership with Asset Management and Business stakeholders
• Drive sustainability, waste reduction, new product introduction and growth initiatives to improve overall procurement efficiency
• Partner with Engineering to identify and implement value engineering opportunities
• Set and achieve aggressive supplier negotiation targets and drive effective contract management
• Deploy various tools including industry research, market intelligence, supplier resilience, value chain maps, demand-supply maps, cost curves, should costing etc.
• Prepare and present reports on sourcing performance, cost savings, and strategic initiatives to senior management

Requirements

• 10+ years of experience in Chemical sourcing, procurement, strategic sourcing, or supply chain management within the chemical industry
• Strong leadership and people management skills
• Demonstrated experience in developing and executing procurement strategies
• Experience in negotiating contracts, managing supplier performance, and developing long-term supplier partnerships
• Knowledge of sourcing processes and tools, such as SAP and e-sourcing platforms
• Strong Business Acumen
• Cross-functional experience in engineering/technology, operations, sales/marketing

Nice-to-haves

• Master's Degree in Chemistry, Chemical Engineering, Supply Chain Management, Business Administration, or a related field
• Professional certifications in procurement, supply chain, or contract management
• Demonstrated business and financial acumen
• Experience with make vs buy, contract manufacturing, cost curves, industry value stream mapping
• Strong knowledge of the chemical industry, safety standards and local, national, and international regulatory requirements
• Ability to lead change and build high-performing teams and challenge status-quo
• Excellent communication and interpersonal skills
• Strategic thinking and problem-solving abilities

Benefits

• Medical, Vision, Dental, Mental Health
• Paid Vacation
• 401k Plan/Retirement Benefits (as per regional policy)
• Career Growth
• Professional Development