Product Sourcing Engineer will be creating 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 & ProcurementYour role:
Driving the sourcing plan for New Product projects using I2M Planner
Executing the sourcing plan deliverables to ensure project targets are achieved for cost, quality, risk and optimized TCO. Influencing targets based external competitive benchmarks
Orchestrating and assembling the sourcing grid details for the NPI BoM in partnership with Procurement and bringing it to Sourcing Board for decision
Assembling and engaging suppliers on project BoM RFPs using Ariba e-RFQ
Conducting DfX (Design for Excellence) activities to identify opportunity to improve product cost, quality and risk
Conducting early supplier innovation events & workshop to bring suppliers earlier in the product innovation process
Influencing R&D and capturing supplier innovation in the products to optimize the propositions and achieve the best value for Philips and its customers
Developing innovative solutions to simplify, standardize or platform components or assemblies across the portfolio
Influencing design specifications to ensure applicability to broad technology, supplier and part capability
Leading the Product Sourcing Swim lane PDLM pre-gate reviews. Ensuring deliverables and targets are achieved for cost, quality & risk
Managing Phase In/Out of the new product projects and transfer to Material Management for production
Ensuring supplier readiness and installed capacity for NPI launch and ramp
Monitoring production post release to build product cost roadmaps to drive improvements in cost, quality, risk
Developing ideas and opportunities for product cost reduction and quality improvement and enter into the productivity funnel.
You're the right fit if:
Bachelor’s degree in engineering discipline required, MBA if preferred.
PMP certification is preferred.
Medical manufacturing background is a plus
5+ years of consistent professional trackrecord, preferably in Procurement Engineering, Strategic Sourcing, Supplier Quality, R&D, or Advanced Manufacturing Engineering
Experience in DfX, Value Engineering, LEAN or Six Sigma
Experience in working across New Product Introduction and Advance Development Process (e.g. PDLM)
Deep knowledge of the long-term structural cost drivers for the assigned product. Experience in initiating and driving cost down & productivity projects.
Knowledge of 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 PhilipsWe 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.
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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.#LI-PH1It 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.Equal Employment and Opportunity Employer/Disabled/Veteran