Philips Product Sourcing Engineer m/w/d 

Germany, Baden-Württemberg 

421356831

Product Sourcing Engineer (m/w/d)
Job Description

In this position, you will be responsible for creating strategic impact by engaging early in the Advanced Development & Product Development Lifecycle Maintenance (PDLM) projects.

You will create this impact by deploying innovative solutions from the suppliers for cost, quality & risk, support industrializing with suppliers and transferring the projects to Manufacturing & Sustaining.

You will closely collaborate with R&D (HW & SW), Product Industrialization, Supplier Quality and Marketing to identify clear specifications, requirements and work with suppliers to assure the most appropriate supplier/solution is selected and developed for the patient monitors designed and manufactured on site.

You are responsible for

• Drive and execute sourcing plan for New Product Introduction (NPI) projects using Innovation to Market (I2M) Planner to ensure project targets are achieved for cost, quality, risk and optimized TCO.

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

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

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

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

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

• Lead the Product Sourcing Swim Lane in PDLM. Ensure deliverables and targets are achieved for cost, quality & risk.

• Develop ideas and opportunities for product cost reduction and quality improvement and enter in the savings funnel.

• Lead product tear down or reverse engineering activities to gain market insights.

To succeed in this role, you should have the following skills and experience

• Minimum Bachelor’s degree in a technical field, or equivalent with sound technical and engineering understanding. Preferable experience in Electronic Engineering.

• Strategic sourcing experience, procurement, category/commodity management (min. 5 years) required.

• Change leadership skills within a complex, global matrix organization.

• Solid project management skills to drive strategic sourcing objectives.

• Experience in a production environment in automotive or medical industry. Experience with medical devices, products, solutions is a plus.

• Excellent communication and stakeholder management skills.

• Strong result orientation and business acumen.

• Can-do attitude and be willing to work under high pressure to deliver impact.

• Strong analytical and independent problem-solving skills.

• Working independently under pressure with self-motivation and performance driven is a must.

• Fluent in English and ability to communicate in German is also required.

• Skills to use various IT Applications are a benefit (e.g. PowerBI, Windchill, BOMcheck, SAP, MS Office Applications).

In return, we offer you

We believe that we are at our best as a company when you are at yours as a person. Thus, we offer competitive health benefits, a flexible work schedule, and access to local well-being-focused activities. Philips encourages people with a disability to apply.

• Attractive non-tariff-based compensation

• Annual salary adjustments and bonus

• 30 days of annual leave

• Purpose: Doing meaningful work with a great team

• Hybrid work concept: Up to two days a week "working from home"

• Philips Pension Fund: Employer-funded pension plan

• Mobility and devices: Leasing bicycles, cars, and also smartphones for private use

• Culture: Informal culture, a paid day for voluntary work, various team/cultural activities (on sustainability, diversity, ...), etc.

• Philips University: Wide range of professional training courses and for personal development

• Philips MyShop: Discount on Philips products

• Philips in Balance: Various offers for physical and mental health and sports courses