What are the responsibilities and job description for the Procurement Sourcing Principal Specialist position at Honda?
What Makes a Honda, is Who makes a Honda
Honda has a clear vision for the future, and it’s a joyful one. We are looking for individuals with the skills, courage, persistence, and dreams that will help us reach our future-focused goals. At our core is innovation. Honda is constantly innovating and developing solutions to drive our business with record success. We strive to be a company that serves as a source of “power” that supports people around the world who are trying to do things based on their own initiative and that helps people expand their own potential. To this end, Honda strives to realize “the joy and freedom of mobility” by developing new technologies and an innovative approach to achieve a “zero environmental footprint.”
We are looking for qualified individuals with diverse backgrounds, experiences, continuous improvement values, and a strong work ethic to join our team.
If your goals and values align with Honda’s, we want you to join our team to Bring the Future!
Job Purpose
Lead Specialist assigned to high-complex commodities and most impactful areas within procurement sourcing teams. Responsible for providing expertise for the assigned auto part commodity piece price, investment, and annual cost reduction, all of which have significant impact on HDMA financial performance. Establishment of part and supplier strategies through understanding of the Global and North American supply base, manufacturing process and critical part design elements. Utilize expertise and key stakeholder input to propose the selection of the best cost, quality, development, and delivery supplier. Provide input to key business plan themes, initiatives, and achievement for specialized areas. Responsible for maintaining supplier relationships through sale director level supplier contacts. Effectively lead and develop cost targets and strategies to achieve NM Model cost reduction goals for specialized areas, monitoring progress and performance against the project, plan versus actual.
Key Accountabilities
- Lead, develop, create, and manage specialized area to create and implement commodity part and supplier strategies, identify top cost/complex issues and prioritize areas for improvement (cost, efficiency, process). Desk management at Annual Desk Spend ($1B ~ $1.5B), Exclusive Investment ($12 ~ $17M),
- Research and monitory industry trends (sourcing, technology, market price) for development of Model and Supplier Strategies
- Establish and correlate with design (ADC) on logical cost targes and maker layout proposal, managing multiple model (13-17) developments
- Lead and manage specialized area to meet KCP, Business Plan achievement, project requirements, and new model targets.
- Develop and lead supplier relationships
- Develop, lead, and implement cost reduction strategies for specialized area. Solve complex Q&D relationship issues, support in supplier financial distress cases, develop / execute rational PPA plans. Desk spend based on part complexity (Annual Cost Down Target ($30 ~ $35M)
- Lead special projects for Division that support business need (i.e. geopolitical impact such as tariffs). Report to Procurement Leadership (Div/BU Leads)
- Mentor associates within group on problem solving, procedures, and fostering development
Qualifications, Experience, and Skills
Minimum Educational Qualifications:
- Bachelor’s Degree in Business/Purchasing or related field
Minimum Experience:
- 8 Years of relevant experience in Purchasing, Sales, Quality Control, or Engineering
Other Job-Specific Skills:
- Strong project management experience managing complex and detailed issues
- demonstrate leadership skills
- gap analysis
- strength in problem solving
- setting goals and achieving results
- Proficient in Excel & PowerPoint
- Ability to develop and present cost reports and work in cross-functional teams to build consensus
- Catia knowledge and organization skills
Job Dimensions
No. of Direct Reports: 0
No. of Indirect Reports: 2
Financial Dimensions: Manage Annual Desk Spend ($1B ~ $1.5B), Exclusive Investment ($12 ~ $17M), Annual Cost Down Target ($30 ~ $35M)
Decisions Expected
- Advance expertise in the purchasing department dealing in high-complexity commodities & new technology
- Lead and manage business plan goal achievement in specialized area
- Mange and provide expertise in Department level projects within specialized area
- Independently lead and mange key negotiations with suppliers and in-house departments
- Monitor and manage task completion of daily priorities. Coordinate open item reviews and report key issues with TL/TM each month
- Provide expert direction and training on all aspects of the R&R for other buyer and senior buyer associates
Working Conditions
- Domestic travel may be required (10%), international travel may also be required based on supplier requirements
- Willingness to work overtime due to the cyclical business needs of our NM launches (5-10 hrs.)
- Open office environment with moderate level of noise and activity
- Hybrid work environment (80% in office, 20% remote), based on business need
- Regular occurrence of communicating and presenting information in groups for evaluation purposes.
What differentiates Honda and makes us an employer of choice?
Total Rewards:
- Competitive Base Salary (pay will be based on several variables that include, but not limited to geographic location, work experience, etc.)
- Regional Bonus (when applicable)
- Manager Lease Car Program (No Cost - Car, Maintenance, and Insurance included)
- Industry-leading Benefit Plans (Medical, Dental, Vision, Rx)
- Paid time off, including vacation, holidays, shutdown
- Company Paid Short-Term and Long-Term Disability
- 401K Plan with company match additional contribution
- Relocation assistance (if eligible)
Career Growth:
- Advancement Opportunities
- Career Mobility
- Education Reimbursement for Continued learning
- Training and Development Programs
Additional Offerings:
- Lifestyle Account
- Childcare Reimbursement Account
- Elder Care Support
- Tuition Assistance & Student Loan Repayment
- Wellbeing Program
- Community Service and Engagement Programs
- Product Programs
Honda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.
Salary : $84,200 - $126,300