04 - Commodity Manager Sr - JC0346
Honeywell is a diversified technology and manufacturing leader of aerospace products and services; control technologies for buildings, homes and industry; automotive products; power generation systems; specialty chemicals; fibers; plastics and advanced materials.The company is committed to providing quality products, integrated system solutions and services to customers around the world. Honeywell products touch the lives of most people everyday, whether you’re flying on a plane, driving a car, heating or cooling a home, furnishing an apartment, taking medication for an illness or playing a sport.Based in Morris Township, N.J., Honeywell employs approximately 100,000 people in 95 countries. Its shares are traded on the New York Stock Exchange under the symbol HON, as well as on the London, Chicago and Pacific Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor’s 500 Index.
At Honeywell, we look for people driven by a desire to contribute, be challenged and grow. Our people make Honeywell a special company and are a key competitive advantage. We are looking for a Commodity Manager - Electronics to help us achieve our goals. The position is within the Honeywell Automation and Control Solutions - Life Safety business working on Supply Chain initiatives.
Position Purpose
Plans, organizes, and controls strategic activities surrounding the acquisition of materials and services that embodies major piece part and/or device commodities. Implements Supply Chain Management strategy to achieve lowest total costs, effective asset management, continuous quality improvement, delivery, and cycle time performance improvement and early supplier involvement in product development.
Scope Dimensions
Partner closely with New Product Engineering, Product management, and Operations to develop product strategies for this business. In addition, this CM will work closely with the Security Global Commodity Management Teams and Product Management to identify viable and world class suppliers that can deliver customized supply solutions. This role is responsible for the following initiatives: Develop supply partners for HLS, process definition, deployment, results and improvement, strategy development and implementation, commercial terms and conditions, and delivery of deflation savings to the operating plan.
Annual Spend: +$12M
Goals: Annual Operating Plan which includes supplier rationalization, productivity, lead time reductions, payment terms, quality and delivery.
Principal Accountabilities
Through the analysis of current spend, processes and practices, develop an overall sourcing strategy that supports the goals of the HLS business including new product introduction, supplier consolidation, process standardization, material cost reduction, transaction cost removal, and process digitization that meets the annual operating plan.
Design and deploy processes that are consistent with the ACS identified strategies.
Ensure appropriate sourcing measures and metrics are in place and deployed that measure progress against initiatives and develop necessary corrective action plans to include at a minimum.
Effectively consolidate direct suppliers with identified strategic partners.
Select and manage required suppliers who have the capacity and capability to meet the material and subcontract needs of the business.
Utilize e-auctions for major spend opportunities.
Participate/manage business acquisitions to facilitate synergy savings and common process implementation.
Emerging Region sourcing goals achieved on assigned commodities
100% of spend on contract/LTA with assigned supply base
Development and implementation of Annual Operating Plan (AOP) covering selected commodities
Maintains continuous in-depth knowledge of market conditions, industry trends, and developing technologies
Establishes and manages key supplier performance goals and objectives; communicates periodic results to plan and manages top-level continuous improvement. Develops keen awareness of industry performance benchmarks.
Establishes top-level plans providing foundation for improved factory flexibility and responsiveness
Manages sourcing decisions covering selected commodities
Manages and negotiates supply agreements in support of overall supply chain goals and objectives
Promotes and monitors early supplier involvement in key product developments, using the supplier’s expertise to optimize quality, delivery and manufacturability
Project manager, in addition to above accountabilities, is also responsible for effective supply/demand planning process.Job Requirements
Basic Qualifications:
Bachelor's degree required
7-10 years work experience in Operations, Finance, Engineering and/or Supply Management leadership experience
Additional Qualifications:
Graduate degree preferred
CPIM and/or CPM certification preferred
Six Sigma Green Belt or Black Belt certification preferred
Commodity Experience preferred - Injection molding, stampings, electronics (semi conductors, passives), electro-mechanical (PCB's, terminal blocks, connectors)
Knowledge, Skills & Competencies
Leadership - strong managerial skills to work across all functions and levels of an organization; ability to lead change; effectively establishes high performing teams and role models high performance standards.
Communication and Interpersonal - crisp verbal skills, effective listening skills; effective facilitation skills; demonstrates high energy and models behaviors to motivate the team.
The candidate (depending on the size of the given commodity) could lead a team consisting of HLS regional commodity managers, but would also interface with site Purchasing Managers until such time as we move to one common system.
Execution - persistent drive for results utilizing sound project management, organizational and problem solving skills.
Strategic Thinking - ability to make sound business judgments related to strategic supply philosophies and initiatives.
Technical - solid negotiation skills; excellent knowledge of operations management and supply chain processes in a large organization; and knowledge of effective technology driven sourcing processes.
As an Equal Opportunity Employer, we are committed to a diverse workforce
Company Overview
Honeywell can trace its roots back to 1885, when an inventor named Albert Butz patented the furnace regulator and alarm. He formed the Butz Thermo-Electric Regulator Co., Minneapolis, on April 23, 1886, and a few weeks later invented a simple, yet ingenious device that he called the "damper flapper."
Here's how it worked. When a room cooled below a predetermined temperature, a thermostat closed the circuit and energized an armature. This pulled the stop from the motor gears, allowing a crank attached to the main motor shaft to turn one-half revolution. A chain connected to the crank opened the furnace's air damper to let in air. This made the fire burn hotter. When the temperature rose to the preset level, the thermostat signaled the motor to turn another half revolution, closing the damper and damping the fire. The temperature correction was automatic. Over the years, many Honeywell products have been based upon similar, but more complicated closed-loop systems.
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