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Philips Procurement Engineer Co-Op in Orange (OH), Ohio


Co-op - Procurement Engineering - Cleveland, OH - Fall 2020

Are you interested inan Internopportunity with Philips? We welcome individuals who are currently pursuing an undergraduate (BS) and/or graduate (MS) degree toparticipate in 12-month paid intern opportunitiesat our sites across the US. Through these roles you will gain meaningful, hands-on experience in engineering for a HealthTech company.

In this role, you have the opportunity to

Describe in one impactful sentence the bigger purpose that this role contributes to in our company.


A Procurement Engineering Co-Op will support the annual operating plan savings through monitored cost down projects and new product introduction projects. Considered to be a key partner in significant product cost reduction activities, in early phase innovation or in the manufacturing phase. Contributes to develop and provide support in all aspects of the procurement engineering function.

Your Responsibilities:

  • Procurement Link in factory, participates in cost down projects

  • Executes factory related supplier improvement actions

  • Executes actions coming from Value Engineering projects & DfX projects

  • 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 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.

  • Orders tools and samples related to new product development

  • 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

Desirable Skills :

  • Excellent English written, reading and spoken ability

  • Learning on the Fly

  • Problem Solving

  • Perseverance

  • Self-Motivated

  • Peer Relationships


  • Enrolled in a Bachelor’s of Science, Engineering or Technology degree.

  • Minimum GPA of 3.0

Advance your career in an environment that supports work-life balance, health & well-being and continuous learning. Making a difference begins right here, where you come first. Apply today!

In return, we offer you

Describe in two to three lines what tangible and intangible benefits the incumbent will gain in this role. Use our Employer Value Proposition (EVP) themes and information gathered in the RSM as input sources.

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 . 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 on our career website, where you can read stories from our employee blog . Once there, you can also learn about our recruitment process , or find answers to some of the frequently asked questions .

It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, color, citizenship, disability or perceived disability, ethnicity, gender, gender identity or expression, genetic information, marital or domestic partner status, military or veteran status, national origin, pregnancy/childbirth, race, religion, sexual orientation, or any other category protected by federal, state and/or local laws. Philips is an equal employment opportunity and affirmative action employer Disability/Veteran.

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.