Procurement Project Specialist

Welcome to Honeywell - a global leader in technology and manufacturing. We are seeking a highly skilled and motivated Procurement Project Specialist to join our team. In this role, you will be responsible for developing and executing procurement strategies that drive cost savings, efficiency, and continuous improvement. Your strong analytical skills, attention to detail, and ability to manage multiple projects simultaneously will be crucial to your success in this role. If you are a self-starter with a passion for procurement and a desire to make a significant impact, we encourage you to apply for this exciting opportunity at Honeywell.

1. Develop and implement procurement strategies that align with the company's overall goals and objectives.
2. Identify cost-saving opportunities and implement measures to drive efficiency.
3. Conduct market research and analysis to identify potential suppliers and negotiate favorable terms and conditions.
4. Manage the procurement process from start to finish, including sourcing, bidding, and contract negotiation.
5. Collaborate with cross-functional teams to ensure alignment and support for procurement initiatives.
6. Monitor and analyze supplier performance, identifying areas for improvement and implementing corrective actions.
7. Maintain accurate and up-to-date records of procurement activities, contracts, and supplier information.
8. Stay current on industry trends, market conditions, and best practices in procurement to continually improve processes.
9. Communicate effectively with internal stakeholders and external suppliers to ensure timely and efficient procurement operations.
10. Proactively identify and mitigate potential risks in the supply chain to ensure continuity of supply.
11. Develop and maintain strong relationships with suppliers to drive value and innovation.
12. Participate in the development and implementation of new procurement policies and procedures.
13. Lead and support cross-functional projects and initiatives to drive continuous improvement across the procurement function.
14. Utilize strong analytical skills to make data-driven decisions and recommendations.
15. Demonstrate a strong commitment to ethical and responsible procurement practices.

According to JobzMall, the average salary range for a Procurement Project Specialist in Bengaluru, Karnataka, India is between ₹500,000 to ₹1,200,000 per year. This may vary depending on the specific industry, company, and level of experience of the individual.

Honeywell International Inc. is an American multinational conglomerate company that makes a variety of commercial and consumer products, engineering services and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments.