Lead Strategic Sourcing Spec

HoneywellTempe, AZ
2dHybrid

About The Position

We are seeking a dynamic and experienced Lead Strategic Sourcing Specialist to join our team in the Professional Services Category within the Indirect Procurement organization. In this role, you will be crucial in developing and implementing effective sourcing strategies for Consulting Services, Business Process Outsourcing, Engineering, Legal, and Financial Services. Your expertise will help optimize stakeholder engagement and drive significant vendor value creation. You will report directly to our Director of Strategic Sourcing on a Hybrid work schedule.

Requirements

  • Minimum of 8 years of experience in sourcing, category management, procurement, or consulting in an indirect procurement function at a multinational corporation with global contracts.
  • Minimum of 3 years of experience in the Professional Services category, with a proven track record of delivering business value.
  • Exceptional written and verbal communication skills, capable of tailoring messages for various audiences and seniority levels.
  • Comfortable presenting and influencing senior stakeholders.
  • Degree in Procurement, Supply Chain, Business Administration, Business Management, Finance, Accounting, or related field.
  • Due to compliance with U.S. export control laws and regulations, candidate must be a U.S. Person, which is defined as, a U.S. citizen, a U.S. permanent resident, or have protected status in the U.S. under asylum or refugee status.

Nice To Haves

  • Master’s degree (MBA/MS) or relevant professional certification (e.g., CPM, CPSM) is a plus.
  • Strong organizational skills with self-motivation to manage multiple priorities effectively while balancing long- and short-term goals.
  • High levels of integrity and business ethics, with sensitivity to cultural differences and adaptability in approach
  • Previous experience working in a large, global, and highly matrixed organization.
  • Extensive knowledge of commercial agreement structures and familiarity with key legal terms.

Responsibilities

  • Develop and implement comprehensive category strategies for Professional Services, encompassing areas such as consulting, legal, audit, engineering and financial services, and business process outsourcing.
  • Analyze market trends, supplier capabilities, and organizational demands to identify cost-saving opportunities and innovative solutions.
  • Engage with senior leadership on key sourcing and transformation projects, ensuring alignment with organizational goals.
  • Build and maintain a strong professional network by actively engaging with vendors and internal stakeholders to foster collaboration and trust.
  • Lead the entire sourcing process, including scoping business needs, developing project plans, executing RFx events, negotiating favorable terms, and monitoring vendor performance to ensure stakeholder satisfaction.
  • Negotiate commercial terms to establish contracts that satisfy business requirements and support overarching category strategies.
  • Deliver hard savings and cost avoidance through strategic sourcing, demand planning, and process optimization, contributing to financial targets and Procurement Transformation Initiatives.
  • Analyze market trends, supplier proposals, and cost structures to provide insights and recommendations for data-driven sourcing decisions.
  • Serve as the strategic interface between internal stakeholders and vendors, ensuring alignment of cross-functional and organizational needs.
  • Partner with Legal, Finance, and other cross-functional teams to ensure adherence to applicable regulatory frameworks in sourcing strategies
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