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Philips Global Cost Master in Shenzhen, China


In this role, you have the opportunity to

  • Plays a Cost and Value Engineering Expert Philips worldwide to improve total end-to-end cost and value. We cooperate globally across Philips business functions to make better products at lower cost. You are responsible for

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

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

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

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

  • Identify best practices, promote 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

  • 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. 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)

  • 3+ 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 promising professional career development platform.

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.

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 .