Product Sourcing Engineer will create meaningful impact by being responsible for executing the standardized and harmonized business processes for the Procurement domain in which they operate. They perform the Procurement transactional operations, guard the process quality on an operational level and support internal and external participants of the process and users of the connected systems. They are responsible to monitor user behaviors, capture learnings and actively share experiences with respective BPEs.

Your role:

• Analyzing and supporting on business specific procurement performance (e.g. Monthly performance, AOP, BBSC related KPI's)

• Responsible for driving risk awareness by providing information on payment terms, contingency plans.

• Analyzes and reports on procurement or relevant commodity cluster performance (e.g. Monthly performance, AOP, BBSC related KPI's, monthly analysis of actual vs Annual Operating Plan, contingency plans).

• Understanding and improving the WOW, our methods, systems and tools. Ensures quality, accuracy and integrity of information stored in relevant systems, enabling a single source of truth.

• Ensures that all Procurement related risks are controlled and mitigated.

• Support DfX conventions to identify significant L3 savings potentials out of cost calculations.

• Support product cost models, by following the product hierarchy and the supply chain, create a full cost build-up of the landed product should cost.

• Seek process improvement opportunities and, depending on complexity, implement them directly or share with respective BPE.

• Participate in continuous improvement projects or initiatives locally and globally.

• Ensures compliance with Procurement policies and procedures, codes of ethics and general business principles.

You're the right fit if:

• Bachelor’s degree in engineering, supply chain, business or similar.

• PMP certification is preferred.

• Medical manufacturing background is a plus.

• 2-3 years of consistent professional track record, preferably in Procurement, Strategic Sourcing, Supplier Quality, R&D, or Advanced Manufacturing Engineering

• Experience in DfX, Value Engineering, LEAN or Six Sigma and working with cross functional teams.

• Knowledge of the long-term structural cost drivers for the assigned product, costing toolset (Should Costing, NPV, TCO) in projects.

• Ability to travel up to 15% of the time.

• You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

• Learn more about our business.

• Discover our rich and exciting history.

• Learn more about our purpose.

• Read more about our employee benefits.

If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here.

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It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person’s relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.

As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.

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