Job TitleProduct sourcing engineer

Job Description

In this role, you have the opportunity to

Create strategic impact by engaging early in the Advanced Development & Product Development Lifecycle Maintenance (PDLM) projects to deploy innovative solutions from the supplier base for cost, quality & risk, to industrialize the suppliers and to transfer the projects to Manufacturing & Procurement

You are responsible for

Product Sourcing Engineer is responsible to drive Advanced Development & New Product Development (PDLM projects) to industrialize the supplier base for the new innovation projects and to drive Product Cost Roadmaps for released products focused on cost, quality and risk improvements.

Drive the sourcing plan for New Product projects using I2M PlannerExecute the sourcing plan deliverables to ensure project targets are achieved for cost, quality, risk and optimized TCO.  Influence targets based external competitive benchmarksOrchestrate and assemble the sourcing grid details for the NPI BoM in partnership with Procurement and bring to Sourcing Board for decisionAssemble and engage suppliers on project BoM RFPs using Ariba e-RFQConduct DfX (Design for Excellence) activities to identify opportunity to improve product cost, quality and riskConduct early supplier innovation events & workshop to bring suppliers earlier in the product innovation processInfluence R&D and capture supplier innovation in the products to optimize the propositions and achieve the best value for Philips and its customersDevelop innovative solutions to simplify, standardize or platform components or assemblies across the portfolioInfluence design specifications to ensure applicability to broad technology, supplier and part capabilityLead the Product Sourcing Swim lane PDLM pre-gate reviews.  Ensure deliverables and targets are achieved for cost, quality & riskManage Phase In/Out of the new product projects and transfer to Material Management for productionEnsure supplier readiness and installed capacity for NPI launch and rampMonitor production post release to build product cost roadmaps to drive improvements in cost, quality, riskDevelop ideas and opportunities for product cost reduction and quality improvement and enter into the productivity funnel.

Product Sourcing Engineer KPI

Deliver NPI as per planAchieve PDLM Product Launch Targets (cost, quality, risk)Supplier DPPM per ProductSupplier Incoming PPM per ProductFirst Pass Yield per ProductCapex per ProductProcurement savingsProcurement savings funnelSupplier RiskSupplier Dual Sourcing

Product Sourcing Engineer competencies

Professional Competencies

Cross-functional Influencing

Effective Communication

Engineering Curiosity

Innovative

Functional Competencies         

Engineering Expertise

Technology Domain Expertise

Project Management

DfX Methodology

Cost Analysis (Product Should Cost/Tear Down)

Statistical Methods (Six Sigma/Lean/DOE/V&V)

Part Qualification (APQP)

You are a part of

This role will be a part of the Product Sourcing Engineering organization.

The position holder will need to be based in Pittsburgh, PA

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

Bachelors or Masters degree in engineering discipline.  MBA preferred.  PMP preferred.Medical manufacturing background is preferred.5 years of consistent professional trackrecord, preferably in Procurement Engineering, Strategic Sourcing, Supplier Quality, R&D, or Advanced Manufacturing EngineeringExperience in DfX, Value Engineering, LEAN or Six SigmaExperience in working across New Product Introduction and Advance Development Process (e.g. PDLM)Deep knowledge of the long-term structural cost drivers for the assigned product. Experience in initiating and driving cost down & productivity projects.Knowledge of costing toolset (Should Costing, NPV, TCO) in projects.Ability to think strategically and delivers results.Ability to understand blueprints and specifications from manufacturability stand point.Experience in international and multidisciplinary project teams is preferredAbility to easily gain trust and support of peers; encourage collaboration and challenge constructivelyAbility to travel up to 25% of the time

In return, we offer you

Named one of the Top 50 Happiest Companies in America, we enable our employees to create a legacy in life through their work and support their development through people-centric learning, total rewards and personalized development planning programs.

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 2.5 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.