Sr Procurement Buyer

Honeywell

  • Pune, Maharashtra
  • Permanent
  • Full-time
  • 16 days ago
Join a team recognized for leadership, innovation and diversity Direct Senior Procurement Buyer As a Direct Senior Procurement Buyer here at Honeywell, you will be responsible for managing and executing the organization's procurement and purchasing activities at a strategic level. This position plays a pivotal part in ensuring efficient procurement processes, cost-effectiveness, and strategic alignment within the procurement function. You will oversee complex procurement operations and work with a team of procurement professionals, and collaborate with various stakeholders to achieve procurement objectives. You will report directly to our Procurement Manager and you'll work out of our Fulgaon, Pune location on an On-site work schedule. In this role, you will impact the organization by optimizing procurement practices, enhancing profitability, and securing a reliable and agile supply chain, making your expertise an indispensable asset to our organization's success. KEY RESPONSIBILITIES . Develop and execute a comprehensive procurement strategy that aligns with the organization's goals, ensuring cost-effectiveness, quality, and supplier diversity. . Identify and evaluate potential suppliers, conduct due diligence, and negotiate terms to secure cost-effective and high-quality purchases. . Monitor and control procurement costs, seek cost-saving opportunities, negotiate favorable terms, and optimize resource allocation. . Foster and maintain strategic relationships with suppliers and other stakeholders to ensure a reliable and responsive supply chain, addressing concerns and resolving issues. . Ensure that all procurement activities adhere to relevant regulations, compliance standards, and internal policies, maintaining accurate and organized records. . Establish and enforce quality control standards in procurement processes, conducting regular audits and performance assessments. . Leverage technology solutions, such as procurement software and analytics, to enhance procurement processes, monitoring, and reporting. . Support the efficient operation of the purchasing team, developing relationships with suppliers, ensuring the material according to the production plan at the best price and on time. . Communicate with suppliers, actively seeking opportunities to streamline and strengthen these crucial contacts. . Procure Mechanical, Electrical, Electronics, and off-the-shelf components from both local and overseas suppliers. . Lead digitization of Procurement procedures using available technologies, e.g. e-Auction, Auto PO, OTTRD reports, etc. . Responsible for maintenance of purchase orders, monthly forecasting for suppliers, maintenance of key planning parameters, and reconciliation of invoice and purchase order issues. . Manage supplier performance to ensure the site is working with the right strategic suppliers to support short and long-term objectives. . Support timely placement of purchase orders and change orders, highlighting supply risks and ensuring early supplier involvement to mitigate those risks. . Drive cost-cut opportunities and lead time reduction programs with key suppliers. . Mitigate supply risks with early supplier involvement with key and critical suppliers to achieve customer OTTR and LT targets. . Report supply status regularly to the ISC Team, Sourcing manager, and internal customers to ensure information for business updates is available as required. . Consult with site CMs and GCMs for lower cost and suggest cost-cut opportunities, ensuring minimum E & O liabilities from suppliers. . Lead and support projects related to supplier optimization, lead time, working capital improvement, and supplier capacity management. . Support procurement activities for NPI and New Line Transition projects as per the need of the organization. . Execute SAP Part Creation/Part extension requests/Vendor Creation/Vendor Extension requests as per the requirement. . Inventory reduction projects, driving improvement projects related to supplier lead times, payment terms, and on-time delivery. . Procure material according to ordering policies designed to minimize inventory costs and reduce inactive, obsolete, and surplus inventory. . Conduct weekly supply review meetings with key suppliers to drive on-time delivery, lead time, and mitigate supply risks. . Manage P2P cycle and ensure timely supplier payments. . Visit suppliers as necessary and appropriate within the scope of job responsibilities. YOU MUST HAVE . Extensive experience in procurement with 10-12 years . Proven track record of successfully managing complex procurement operations . Strong negotiation and contract management skills. . Proficiency in budget management and financial acumen. . In-depth knowledge of procurement strategies, strategic sourcing, and supplier relationship management. WE VALUE . Bachelor's or advanced degree in Business, Supply Chain Management, or a related field. . Strategic thinking and problem-solving abilities . Ability to work independently and make sound decisions . Strong analytical and data-driven mindset . Attention to detail and strong organizational skills . Continuous learning and self-development ABOUT HONEYWELL Honeywell International Inc. (Nasdaq: HON) invents and commercializes technologies that address some of the world's most critical challenges around energy, safety, security, air travel, productivity, and global urbanization. We are a leading software-industrial company committed to introducing state of the art technology solutions to improve efficiency, productivity, sustainability, and safety in high growth businesses in broad-based, attractive industrial end markets. Our products and solutions enable a safer, more comfortable, and more productive world, enhancing the quality of life of people around the globe. THE BUSINESS UNIT Honeywell Process Solutions is a pioneer in automation control, instrumentation and services for the oil and gas refining energy pulp and paper industrial power generation chemicals and petrochemicals biofuels life sciences and metals, minerals, and mining industries. A leader in digitization, Honeywell delivers software and services that help customers overcome competitive pressures and uncertain market conditions to achieve game-changing business outcomes. Honeywell's comprehensive portfolio in process control, monitoring, and safety systems and instrumentation provides optimized operations and maintenance efficiencies to meet diverse automation needs. Our technologies are helping facilities, supply chains and workers become more connected, making them safer and more profitable - our integrated, industry-specific solutions are tackling customers' complex problems no matter the size of operations. 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.

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