Philips Global Cost Master Engineer in Eindhoven, Netherlands

Cost and Value Engineering Expert Philips worldwide

Your challenge

Design for eXcellence (DfX) program plays a key role in Philips to improve total end-to-end cost and value. We cooperate globally across Philips business functions to make better products at lower cost.

Are you a spirited person looking to support a world-class organization in a dynamic and competitive industry? Do you have the flair for achieving results through true collaboration with multifunctional teams of various backgrounds? If so, apply now as a team member in Europe to our DfX program and contribute to the optimization of value and cost across Philips.

Your responsibilities

  • You initiate improvement and optimization activities in close collaboration with your partners in innovation, procurement and operations through applying cost and value engineering levers.

  • You improve the competitiveness and profitability of products and services through cost analysis, design to value, modularization and standardization.

  • You are responsible for cost and value engineering projects, trainings and coaching.

  • Within procurement you support the engineering and commodity teams to drive forward supplier productivity.

  • To further establish cost and value engineering as a key process in Philips you support businesses and collaborate across functions to realize improvement roadmaps.

  • As an active member of the Centre of Excellence you support the drive for a larger Community of Practice on Cost Engineering in Philips.

  • You identify best practices and promote active knowledge sharing in your network of cost and value engineers and through this improve our current working processes, methods, tools and standards.

Your team

Together we make a difference!

The global Cost Master team is part of Design for eXcellence (DfX) and consists of 12 passionate Cost Engineers located in the United States, Netherlands and China.

Our offer

We welcome you to a challenging, innovative environment with great opportunities for you to explore.

Our benefits are very competitive and designed around your preferences:

  • 25 Days of leave and the possibility to purchase up to 20 extra days off annually

  • A variable bonus based on both Philips results and personal performance

  • Extensive set of tools to drive your career, such as a personal development budget, free training and coaching

  • Solid company pension scheme and attractive collective health insurance package

  • Opportunity to buy Philips shares and products with discount

  • Healthy work-life balance

We are looking for

  • BS/MS degree in a technical subject (Mechanical, Electrical, Industrial, Software Engineering or similar)

  • 5+ years of work experience in a technology company (e.g. Consumer Electronics, Lighting, Healthcare, Automotive) in product innovation, research, procurement, production/manufacturing, product management/marketing or similar function

  • Experience to facilitate better decision making in product creation and procurement

  • Project management experience gained e.g. in lean manufacturing, six sigma programs, consulting

  • Experience in leading an expert network in specific technical knowledge areas

  • Strong teaming skills to drive change and challenge project teams

  • Strong English communication skills, ability to convince and to pitch/present your solution to project teams and management

  • Experience in cost management, quality management and/or supply chain management

  • A sound and practical capability to develop optimized systems (cost and value) and convince cross functional partners of the solution

  • Travelling approx. 25%