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About the role
Key responsibilities & impact- Develop and execute strategic procurement plans aligned with Total Cost of Ownership (TCO) reduction goals
- Cultivate and manage strategic supplier relationships
- Lead complex procurement and New Product Introduction (NPI) projects
- Oversee site-specific procurement processes
- Establish and track key performance indicators (KPIs)
Requirements
What you’ll need- Experience in procurement, supply chain, operations, or engineering environments
- Exposure to strategic sourcing, supplier management, or New Product Introduction (NPI) activities
- Data-driven decision-making skills
- Cost optimization (TCO, TLC)
- Supplier relationship management
- Project management skills
- Familiarity with methodologies such as Value Engineering (VE) and Design for Manufacturability (DFM)
- Bachelor's or Master's degree in Mechanical, Industrial, Electrical, Electronic Engineering, or related field
Benefits
Comp & perks- Comprehensive Philips Total Rewards benefits program
- Generous PTO
- 401k (up to 7% match)
- HSA (with company contribution)
- Stock purchase plan
- Education reimbursement
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
procurementstrategic sourcingsupplier managementNew Product Introductiondata-driven decision-makingcost optimizationproject managementValue EngineeringDesign for Manufacturabilitykey performance indicators
Soft Skills
relationship management
