Product Sourcing Engineer (m/w/d)

at  Philips

JOB DESCRIPTION

In this position, you will be responsible for creating strategic impact by engaging early in the Advanced Development & Product Development Lifecycle Maintenance (PDLM) projects.
You will create this impact by deploying innovative solutions from the suppliers for cost, quality & risk, support industrializing with suppliers and transferring the projects to Manufacturing & Sustaining.
You will closely collaborate with R&D (HW & SW), Product Industrialization, Supplier Quality and Marketing to identify clear specifications, requirements and work with suppliers to assure the most appropriate supplier/solution is selected and developed for the patient monitors designed and manufactured on site.

YOU ARE RESPONSIBLE FOR

• Drive and execute sourcing plan for New Product Introduction (NPI) projects using Innovation to Market (I2M) Planner to ensure project targets are achieved for cost, quality, risk and optimized TCO.
• Orchestrate and assemble the sourcing grid details for the NPI BoM in partnership with Procurement and bring to Sourcing Board for decision.
• Conduct early supplier innovation events to bring suppliers earlier in the product innovation process.
• Influence R&D and capture supplier innovation in the products to optimize the propositions and achieve the best value for Philips and its customers.
• Assemble and engage suppliers on project BoM RFPs using Ariba e-RFQ.
• Develop innovative solutions to simplify, standardize or platform components or assemblies across the HPM EHM portfolio.
• Lead the Product Sourcing Swim Lane in PDLM. Ensure deliverables and targets are achieved for cost, quality & risk.
• Develop ideas and opportunities for product cost reduction and quality improvement and enter in the savings funnel.
• Lead product tear down or reverse engineering activities to gain market insights.

TO SUCCEED IN THIS ROLE, YOU SHOULD HAVE THE FOLLOWING SKILLS AND EXPERIENCE

• Minimum Bachelor’s degree in a technical field, or equivalent with sound technical and engineering understanding. Preferable experience in Electronic Engineering.
• Strategic sourcing experience, procurement, category/commodity management (min. 5 years) required.
• Change leadership skills within a complex, global matrix organization.
• Solid project management skills to drive strategic sourcing objectives.
• Experience in a production environment in automotive or medical industry. Experience with medical devices, products, solutions is a plus.
• Excellent communication and stakeholder management skills.
• Strong result orientation and business acumen.
• Can-do attitude and be willing to work under high pressure to deliver impact.
• Strong analytical and independent problem-solving skills.
• Working independently under pressure with self-motivation and performance driven is a must.
• Fluent in English and ability to communicate in German is also required.
• Skills to use various IT Applications are a benefit (e.g. PowerBI, Windchill, BOMcheck, SAP, MS Office Applications).