Product Sourcing Engineer
Product Sourcing Engineer
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$ 99960 - 139000
1 Vacancy
Job Description
Job Title
Product Sourcing EngineerJob Description
Product Sourcing Engineer Medical Devices
Drive Advanced and New Product Development by developing and industrializing the supplier base for innovation projects with a strong focus on cost quality and risk improvements. Lead supplier engagement through RFPs DfX activities and early innovation events to ensure competitive pricing and high-value solutions. Collaborate cross-functionally to integrate supplier innovation early optimizing product performance and value for Philips and its customers.
Your role:
Lead supplier engagement for Bill of Materials (BoM) RFPs ensuring technical fit full participation and competitive pricing throughout new product development.
Conduct Design for Excellence (DfX) and early supplier innovation events to improve cost quality and product performance while integrating supplier expertise early in the design process.
Collaborate with Innovation and Engineering teams to incorporate supplier innovations into product design optimizing value and customer outcomes.
Drive strategic sourcing and cost initiatives including product simplification standardization and platforming to reduce complexity and improve efficiency across the portfolio.
Ensure supplier readiness and post-launch support building product cost roadmaps and managing continuous improvement in cost quality and risk throughout the product lifecycle.
Youre the right fit if:
Youve acquired 2 years of experience with Bachelors in areas such as Supply Chain Management Engineering Operations Research & Development Quality Mechanical Engineering or equivalent OR no prior experience required with Masters Degree.
Your skills includequality specifications cost and risk management project and supply chain management with expertise in DfX lean methodologies manufacturing processes and supplier relationship evaluation to drive operational excellence and strategic value.
You have a Bachelors/ masters degree in industrial engineering Electrical Engineering Electronic Engineering Operations Business or equivalent.
You must be able to successfully perform the following minimum Physical Cognitive and Environmental job requirements with or without accommodation for this position.
How we work together
We believe that we are better together than we are apart. For our office-based teams this means working in-person at least 3 days per week. Onsite roles require full-time presence in the companys facilities. Field roles are most effectively done outside of the companys main facilities generally at the customers or suppliers locations.
This is an office role
About Philips
We are a health technology company. We built our entire company around the belief that every human matters and we wont stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.
- Learn more about our business.
- Discover our rich and exciting history.
- Learn more about our purpose.
- Learn more about our culture.
Philips Transparency Details
The pay range for this position in Plymouth Minnesota is $93713 to $131198
The pay range for this position in Colorado Springs Colorado is $89250 to $124950
The pay range for this position in San Diego California is $99960 to $139000
The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills experience business needs geographical location and internal equity.
In addition other compensation such as an annual incentive bonus sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program which includes a generous PTO 401k (up to 7% match) HSA (with company contribution) stock purchase plan education reimbursement and much more. Details about our benefits can be found here.
At Philips it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa now or in the future.
Company relocation benefits will not be provided for this position. For this position you must reside in or within commuting distance to Plymouth Minnesota San Diego California or Colorado Springs Colorado.
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This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.
Employment Type
Full-Time
