Parts Life cycle manager

Philips • Latham, NY

6d • $90,000 - $143,000 • Onsite

About The Position

The Parts Life cycle manager owns the end-to-end life cycle of MR service parts in North America, including introduction, demand and availability monitoring, inventory optimization, repair strategy, end-of-life planning, and obsolescence management. The role ensures high service availability while controlling inventory and operational costs.

The manager partners closely with the MR Magnet Factory to manage and continually improve Magnet Repair, Magnet Exchange, and inventory processes. This includes establishing workflows, ownership, turnaround-time expectations, and escalation mechanisms across factory, supply chain, and service teams. The role optimizes magnet inventory and exchange pools by balancing customer and service availability with working-capital objectives, using demand analysis, installed-base requirements, repair turnaround time, safety-stock levels, and reusable or repairable asset management.

The position leads cross-functional operational improvements with Service, Supply Chain, Factory, Engineering, Quality, Logistics, and Procurement. It manages performance indicators such as service-part availability, inventory value, repair turnaround time, exchange-pool utilization, overdue returns, scrap and recovery rate, shortages and backorders, and inventory health, and translates performance gaps into corrective actions. The role also manages repair and reverse-logistics performance for magnets and other high-value MR parts, including failed-part returns, repair-versus-replace decisions, exchange transactions, repair-status visibility, supplier and factory coordination, and recovery of reusable assets.

This is an office role. Office-based teams work in person at least three days per week. The candidate must reside in or within commuting distance of New York. US work authorization is required, and visa sponsorship is not available. Relocation benefits are not provided.

Requirements

• At least 2 years of experience with a bachelor's degree.
• Bachelor's degree in Supply Chain Management, Operations Management, Business Administration, Engineering, Data/Information Systems, or a related field.
• Must be able to perform the stated minimum physical, cognitive, and environmental job requirements, with or without accommodation.
• US work authorization; candidates requiring work-authorized visa sponsorship now or in the future will not be considered.
• Must reside in or within commuting distance of New York.

Responsibilities

• Own the end-to-end life cycle of North American MR service parts, from introduction through demand and availability monitoring, inventory optimization, repair strategy, end-of-life planning, and obsolescence management.
• Partner with the MR Magnet Factory to manage and improve Magnet Repair, Magnet Exchange, and inventory processes.
• Establish clear workflows, ownership, turnaround-time expectations, and escalation mechanisms among factory, supply chain, and service teams.
• Optimize magnet inventory and exchange pools, balancing customer and service availability with working-capital objectives.
• Lead cross-functional operational improvements involving Service, Supply Chain, Factory, Engineering, Quality, Logistics, and Procurement.
• Manage KPIs including service-part availability, inventory value, repair turnaround time, exchange-pool utilization, overdue returns, scrap and recovery rate, shortages and backorders, and inventory health; turn performance gaps into corrective actions.
• Manage repair and reverse-logistics performance for magnets and other high-value MR parts, including failed-part returns, repair-versus-replace decisions, exchange transactions, repair-status visibility, supplier and factory coordination, and recovery of reusable assets.

Benefits

• Generous paid time off (PTO).
• 401(k) with up to 7% company match.
• Health Savings Account (HSA) with company contribution.
• Stock purchase plan.
• Education reimbursement.
• Other benefits through the Philips Total Rewards benefits program.
• An annual incentive bonus, sales commission, or long-term incentives may be offered.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level