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Philips Global Cost Engineer in Eindhoven, Netherlands


In this role, you have the opportunity to

support an excellent organization in a dynamic and competitive industry, as well as achieve results through true collaboration with multifunctional teams of various backgrounds by contributing to the optimization of value and cost across Philips. We cooperate globally across Philips business functions to make better products at lower cost.

You are responsible for

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

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

  • Responsible for cost and value engineering projects, trainings and coaching.

  • Supporting the engineering and commodity teams to drive forward supplier productivity.

  • Establishing cost and value engineering as a key process in Philips to support businesses and collaborating across functions to realize improvement roadmaps.

  • Driving towards a larger Community of Practice on Cost Engineering topics and processes in Philips.

  • Identifying best practices, promoting active knowledge sharing in the network of value engineers, and through this improve our current working processes, methods, tools and standards.

You are a part of

Design for eXcellence (DfX) program which plays a key role in Philips to improve total end-to-end cost and value. Our team consists of 12 passionate Cost Engineers located in the United States, Netherlands and China. Together we make a difference!

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

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

  • 5+ years of working 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%

In return, we offer you

A path towards your most rewarding career. Philips is growing its marketing capability enterprise wide. Succeeding in this market-based role in a complex environment will open many doors for your long term career, in other areas in Philips or otherwise. We also 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. Furthermore, Philips University is available to all employees for learning and development opportunities

Why should you join Philips?

Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum at . Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways. Learn more by watching this video at .

To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page at on our career website, where you can read stories from our employee blog at . Once there,you can also learn about our recruitment process at , or find answers to some of the frequently asked questions at .