Sr Strategic Sourcing Manager

Honeywell International, Inc.; Bengaluru; Hybrid; INR 2,800,000 - 4,500,000; Full time

Benefits offered by this job

Hybrid work schedule

Job summary

Honeywell International, Inc. in Bangalore, India, seeks an experienced Senior Sourcing Leader to execute global product cost reduction strategies and drive TCO improvements.

You will partner with Engineering, Product Management, Operations, Finance, and Quality to optimize cost across the product lifecycle in a hybrid work environment. As a people leader, you will recruit and develop diverse teams, deliver significant savings, and ensure compliance with sustainability goals.

Qualifications

• Bachelor's degree in a relevant field required.
• 8+ years in sourcing, procurement, or product cost management.
• Proven track record of cost savings and productivity improvements.
• Experience with cost modeling, should-cost analysis, and TCO methodologies.
• Advanced analytical and financial acumen.
• Willingness to travel domestically and internationally.

Responsibilities

• Develop and execute global product cost reduction strategies aligned with business objectives.
• Lead should-cost analysis, cost modeling, and benchmark assessments to identify opportunities.
• Drive annual productivity savings and total cost of ownership improvements.
• Analyze material cost drivers, manufacturing processes, market trends and commodity impacts.
• Partner with Engineering and Product Development during NPI phases.
• Influence design decisions through DTC and Value Engineering initiatives.
• Monitor cost performance and develop mitigation plans against inflation.
• Support lifecycle management including sourcing transitions and cost projects.
• Monitor commodity markets, supply chain trends and geopolitical risks.
• Ensure compliance with policies, sustainability objectives and regulatory requirements.

Skills

Should-cost analysis

Cost modeling

Total cost of ownership

Advanced analytical skills

Travel flexibility

Education

Bachelor's degree in related field

Master's degree in Business / Supply Chain

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.

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

WE VALUE

• 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.

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.