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Job Information

Philips Procurement Engineer in Pune, India


In this role, you have the opportunity to drive the sourcing plan, leading supplier selection and ensuring adherence to the Business Procurement strategy

You are responsible for

  • Ensures that optimized TCO (cost, quality, availability) are assured in product and business creation and through their full life cycle, utilizing DFX.

  • PE drives the sourcing plan, leading supplier selection and ensuring adherence to the Business Procurement strategy

  • Drives early supplier involvement and identifies cost drivers to influence design decision making and achieve target costing.

  • Collaborate with Supplier Quality in the new supplier/component release process, including compliance and sustainability aspects

  • Support price negotiations with opportunities to drive short and long term cost reduction improvement

  • You will be looking strategic partner who can leverage new product development with Philips

  • A procurement professional providing AOP savings through 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 developing the cost engineering function.

  • Understanding the principles of Executing Cost Down projects and new product introduction Projects

  • Understanding the principles of Value Engineering (L1)

  • Understanding the principles of the materials / goods flow

  • Is an expert user of the entire costing toolset (Should Costing, NPV, TCO etc.) in large projects

  • Deep knowledge of the long term structural cost drivers for the assigned product.

  • Participates in multi-disciplinary project teams and contributes to developing cost engineering processes

  • Able to read and understand blue prints and other engineering documentation

  • Cost down projects and new product introduction projects executed for assigned product portfolio

  • Addresses problems with unique and/or cross functional implication.

  • Evaluate supplier manufacturing systems and processes and subsequent data collected for the purpose of analysis.

  • Is up to date with developments in the commodity market and uses this to provide inputs to Product Creation Process and negotiation process.

  • Is able to lead cost down projects and participates in new product introduction projects

  • Is able to lead project based Cost Engineering activities, manage reporting of results within the project teams.

  • Stimulates significant impact on the cost price of a product and supports total cost improvement discussions.

  • Based on supply value of> € 10 M.

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

  • 10 years of experience in a high value / low volume assembly-type industry in supply chain related functions or related financial controlling functions

Professional competencies

  • Communicates effectively

  • Collaborates

  • Plans and aligns

  • Balances stakeholders

  • Manages complexity

Functional competencies

  • Product Development

  • Driving planning and Performance

  • Scouting and analyzing technology

  • Leading/Supporting a DFX

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. Learn more by watching this video .

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 .