Job Title

Job Description

Effective Tuesday, January 4, 2022, all U.S.-based employees are required to be fully vaccinated against COVID as a condition of employment at Philips*. Employees may request a reasonable accommodation. *Montana employees are currently excluded from this requirement at this time.

If you are a Colorado resident and this role is a field-based or remote role, you may be eligible to receive additional information about the compensation and benefits for this role, which we will provide upon request. You may contact 888-367-7223, option 5, for assistance.

Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow.

But it’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common: An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions – the kind that make a real difference – when it matters most.

The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.

In this role, you have the opportunity to make life better

Looking at the challenges the world is facing today Philips’ purpose has never been more relevant. So, whatever your role, if you share our passion for helping others, you’ll be working towards creating a better and fairer future for all.

Product Sourcing Engineer is responsible to drive Advanced Development & New Product Development (PDLM projects) to industrialize the supplier base for the new innovation projects and to drive Product Cost Roadmaps for released products focused on cost, quality, and risk improvements.

You are responsible for

Create strategic impact by engaging early in the Advanced Development & Product Development Lifecycle Maintenance (PDLM) projects to deploy innovative solutions from the supplier base for cost, quality & risk, to industrialize the suppliers and to transfer the projects to Manufacturing & Procurement.

• Influence R&D and capture supplier innovation in the products to optimize the propositions and achieve the best value for Philips and its customers

• Develop innovative solutions to simplify, standardize or platform components or assemblies across the portfolio

• Influence design specifications to ensure applicability to broad technology, supplier and part capability

• Drive the sourcing plan for New Product projects

• Execute the sourcing plan deliverables to ensure project targets are achieved for cost, quality, risk and optimized TCO. Influence targets based external competitive benchmarks

• Orchestrate and assemble the sourcing grid details for the NPI BoM in partnership with Procurement and bring to Sourcing Board for decision

• Assemble and engage suppliers on project BoM RFPs using Ariba e-RFQ

• Conduct DfX activities to identify opportunity to improve product cost, quality and risk

• Conduct early supplier innovation events to bring suppliers earlier in the product innovation process

• Ensure PDLM deliverables and targets are achieved for cost, quality & risk

• Build product cost roadmaps to drive improvements in cost, quality, risk

• Develop ideas and opportunities for product cost reduction and quality improvement and enter into the SMRS funnel (IL0)

Key Performance Indicators

• Deliver NPI as per plan

• Achieve PDLM Product Launch Targets (cost, quality, risk)

• Supplier DPPM per Product

• Supplier Incoming PPM per Product

• First Pass Yield per Product

• Capex per Product

• Procurement savings

• Procurement savings funnel

• Supplier Risk

• Supplier Dual Sourcing

You are part of

The dynamic Procurement and Product Sourcing team within the larger Supply Chain organization.

To succeed in this role, you’ll need a customer-first attitude and the following

• Degree in Engineering or equivalent discipline

• MBA preferred

• Procurement Management or Supply Chain related Professional with a 10+ years proven track record

• Cross-functional Influencing and a thought leader recognized outside the organization

• Effective Communication

• Engineering Curiosity

• Innovative

• Project Management

• Engineering / technology Domain Expertise

• DfX Methodology

• Cost Analysis (Product Should Cost/Tear Down)

• Statistical Methods (Six Sigma/Lean/DOE/V&V)

• Part Qualification (APQP)

In return, we offer you

The opportunity to influence key business leaders as an engineering professional and authoritative expert in the cost drivers for major commodities and related impact to the business.

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa.

Company relocation benefits will not be provided for this position. For this position, you will reside in or within commuting distance to Bothell, Washington USA

How we work at Philips

Our newly adopted hybrid work concept fuses flexibility with collaboration to deliver great outcomes for our people and our customers. We are embracing an approach wherein we spend more time together than apart – which for full-time employees translates to an average of at least 3 days working from the office and up to 2 days from home – for our hybrid roles.

Hybrid work flexibility means people can meet the changing demands of work and home in the most balanced, productive, and healthy way.

Our hybrid working model is defined in 3 ways:

We believe in the importance of impactful collaboration: There's a certain energy when everyone’s in the same room that can heighten idea generation and creative friction needed for problem-solving.

We embrace flexibility: Choosing where, when, and how to work can vary according to task and team schedules. Flexibility isn’t office or online, it means choosing the space that works best for you, your teams, and our customers on a case-by-case basis.

We want to be at our best: The way we work, and our workspaces are designed to support our well-being, offer career advancement opportunities, and enable us to be at our best.

Why should you join Philips?

Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year. Ultimately creating a career that no one could have planned for. Even you.

Visit our careers website to explore what it’s like working at Philips, read stories from our employee blog, find information about our recruitment process and answers to some frequently asked questions.

#LI-PH1

Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.