As a Direct Senior Procurement Buyer here at Honeywell, you will be responsiblefor managing and executing the organization's procurement and purchasingactivities at a strategic level. This position plays a pivotal part in ensuringefficient procurement processes, cost-effectiveness, and strategic alignmentwithin the procurement function. You will oversee complex procurement operationsand work with a team of procurementprofessionals, and collaborate with various stakeholders to achieve procurementobjectives. You will report directly to our Procurement Manager and you’ll work out of ourFulgaon, Pune location on an On-site work schedule. In this role, you will impact the organization by optimizing procurementpractices, enhancing profitability, and securing a reliable and agile supplychain, making your expertise an indispensable asset to our organization'ssuccess.
KEY RESPONSIBILITIES • Develop and execute a comprehensive procurement strategy that alignswith the organization's goals, ensuring cost-effectiveness, quality, andsupplier diversity.
• Identify and evaluate potential suppliers, conduct due diligence, andnegotiate 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 otherstakeholders to ensure a reliable and responsive supply chain, addressingconcerns and resolving issues.
• Ensure that all procurement activities adhere to relevant regulations,compliance standards, and internal policies, maintaining accurate and organizedrecords.
• Establish and enforce quality control standards in procurementprocesses, conducting regular audits and performance assessments.
• Leverage technology solutions, such asprocurement software and analytics, to enhance procurement processes,monitoring, and reporting.
• Support the efficient operation of the purchasing team, developingrelationships with suppliers, ensuring the material according to the productionplan at the best price and on time.
• Communicate with suppliers, actively seeking opportunities to streamlineand strengthen these crucial contacts.
• Procure Mechanical, Electrical, Electronics, and off-the-shelfcomponents from both local and overseas suppliers.
• Lead digitization of Procurement procedures using availabletechnologies, e.g. e-Auction, Auto PO, OTTRD reports, etc.
• Responsible for maintenance of purchase orders, monthly forecasting forsuppliers, maintenance of key planning parameters, and reconciliation ofinvoice and purchase order issues.
• Manage supplier performance to ensure the site is working with the rightstrategic 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 keysuppliers.
• Mitigate supply risks with early supplier involvement with key and critical suppliers to achievecustomer OTTR and LT targets.
• Report supply status regularly to the ISC Team, Sourcing manager, andinternal customers to ensure information for business updates is available asrequired.
• Consult with site CMs and GCMs for lower cost and suggest cost-cutopportunities, 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 projectsas per the need of the organization.
• Execute SAP Part Creation/Part extension requests/Vendor Creation/VendorExtension requests as per the requirement.
• Inventory reduction projects, driving improvement projects related tosupplier lead times, payment terms, and on-time delivery.
• Procure material according to ordering policies designed to minimizeinventory costs and reduce inactive, obsolete, and surplus inventory.
• Conduct weekly supply review meetings with key suppliers to driveon-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 jobresponsibilities.
Additional Information - JOB ID: req458369
- Category: Procurement
- Location: Gate # 181, Fulgaon Village, Pune,Pune,MAHARASHTRA,412216,India
- Exempt