In this role, you have the opportunity to:
A procurement professional providing annual operating plan savings through cost down projects and new product introduction projects. Considered a key partner in significant product cost reduction activities, in early phase innovation or in the manufacturing phase. Contributes to developing the cost engineering function.
You are responsible for:
Procurement Link in factory, participates in cost down projects
First point of escalation for delivery/quality issues, etc. at line, factory level
Executes factory related supplier improvement actions
Executes actions coming from Value Engineering projects & DfX projects in the line/factories
Executes procurement strategy, supports in phase-in/phase-out of suppliers
Puts in the procurement contractual data in MRP (lead-time, price etc.)
Represents Procurement in new Product Introduction projects
Support price negotiations with fact-based information and opportunities to drive short-term product cost reduction improvement.
Support the deployment of early supplier involvement through target costing and tracking for assigned product or module.
Contribute to the development of an effective set of cost models to track “target cost” status for assigned product.
Maintain updates to the costs for assigned product/module and ensure that cost models are up to date and information is available as required.
Provides input for make or buy analysis
Supports the in/outsourcing process (e.g. knowledge transfer, supplier ramp-up); Provides input to the Commodity Teams regarding the supply base characteristics based on business requirements
Orders tools and samples related to new product development
Execute and support phase in – phase Out (PIPO) planning related to new product introduction
The Procurement Engineer may act as Supplier Account Manager assigned by, and under the delegated responsibility of the relevant commodity team
Identify opportunities in the new product design process through target costing, and managing cost drivers and data sources to improve the design decision making Support price negotiations with fact-based information and opportunities to drive short and/or long term product cost reduction improvement
Support the deployment of early supplier involvement through target costing and tracking for assigned product
Owner for delivering the cost elements for assigned product, as required improving total cost of ownership for the cost roadmaps for key products
Lead the development of an effective set of cost models to track “target cost” status for assigned product
Analyze cost trends, develop and review cost forecasts
Maintain updates to the cost drivers for assigned product and ensure that information is available as required
To succeed in this role, you should have the following skills and experience:
Bachelor’s Degree in Electrical or Mechanical engineering or other similar technical area required. Master’s degree preferred.
5 plus years of experience in a high volume assembly-type industry in supply chain related functions or related financial controlling functions
Understanding the principles of Executing Cost Down projects and new product introduction Projects
Understanding the principles of Value Engineering
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 http://www.philips.com/b-dam/corporate/corporateblog/2016/PhilipsChronicDisease_5.jpg . Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways.
To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page at http://www.philips.com/a-w/careers/healthtech/working-at-philips/working-at-philips.html on our career website, where you can read stories from our employee blog at http://www.usa.philips.com/a-w/our-people/life-at-philips.html . Once there, you can also learn about our recruitment process at http://www.philips.com/a-w/careers/healthtech.html , or find answers to some of the frequently asked questions at http://www.philips.com/a-w/careers/healthtech/faq.html .
Philips is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex (including pregnancy), sexual orientation, gender identity, national origin, genetic information, creed, citizenship, disability, protected veteran or marital status.
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.
Philips page at http://www.philips.com/a-w/careers/healthtech/working-at-philips/working-at-philips.html on our career website, where you can read stories from our employee blog at http://www.usa.philips.com/a-w/our-people/life-at-philips.html . Once there, you can also learn about our recruitment process at http://www.philips.com/a-w/careers/healthtech.html , or find answers to some of the frequently asked questions at http://www.philips.com/a-w/careers/healthtech/faq.html .