Honda Motors

Procurement Sourcing Principal Specialist

Honda Motors$110K — $130K *
US-AnywhereRemote in Raymond, OH
Manufacturing & Automotive
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business/Purchasing or related field
  • 8+ years of relevant experience in Purchasing, Sales, Quality Control, or Engineering
  • Strong project management experience
  • Demonstrated leadership skills
  • Proficient in Excel & PowerPoint
  • Ability to develop and present cost reports
  • Catia knowledge and strong organizational skills

Responsibilities

  • Lead and manage the development of commodity part and supplier strategies
  • Research and monitor industry trends for strategy development
  • Establish logical cost targets and manage multiple model developments
  • Meet KCP and Business Plan goals for specialized areas
  • Develop and strengthen supplier relationships
  • Implement cost reduction strategies and resolve supplier issues
  • Lead special projects supporting business needs

Benefits

  • Competitive Base Salary
  • Regional Bonus when applicable
  • Manager Lease Car Program including maintenance and insurance
  • Industry-leading Benefit Plans (Medical, Dental, Vision, Rx)
  • Paid time off including vacation and holidays
  • 401K Plan with company match and additional contribution
  • Tuition Assistance & Student Loan Repayment
Full Job Description
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

About Honda Motors

Honda Motors is a leading manufacturer of automobiles, motorcycles, and power equipment. The company was founded in 1948 by Soichiro Honda and has since grown to become one of the largest automotive companies in the world. Honda Motors is known for its innovative designs and commitment to sustainability, with a focus on developing environmentally friendly vehicles. The company operates in over 30 countries and has a strong presence in the United States, Japan, and Europe.
Learn more about Honda Motors
Size
204,035 employees
Market Cap
$41.8 billion
Industry
Net Income
$414.5 billion
Founded
1948
5 Year Trend
+0.8%
Revenue
$13,004.8 billion
NASDAQ

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