Procurement Engineer

Philips•San Diego, CA

3d•$99,000 - $168,000•Hybrid

About The Position

In this role, you will drive New Product Development (PDLM projects) to industrialize the supplier base for the new innovation projects and to drive Product Cost Roadmaps for Ambulatory Monitoring & Diagnostic’s (AM&D) new sensor product focused on cost, quality and risk improvements.

Requirements

2+ years experience leading procurement and sourcing activities for new product introductions within a regulated manufacturing environment, including supplier selection, RFQ management, DfX/DFM initiatives, contract negotiations, and cross-functional collaboration with R&D, Quality, and Supply Chain teams; proven track record of delivering cost reduction programs, dual-source strategies, supplier innovation, and product lifecycle support while ensuring cost, quality, supply continuity, and business objectives are achieved.
Managing complex supplier and assurance-of-supply projects, including risk mitigation, component obsolescence, capacity planning, production launches, and engineering change management; Lean/6Sigma, Design for Excellence (DfX), supplier RFQ management, Design for Manufacturing (DFM), supplier selection, contract negotiations, and project execution.
A Bachelor’s degree, required, in Supply Chain Management, Industrial Engineering, Operations, Research & Development, Quality, Mechanical OR Electrical Engineering or equivalent.
Must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.
An effective driver to maintain project momentum, ensure supply continuity, deliver planned cost savings, support regulatory and design changes, and execute strategic sourcing initiatives necessary to meet business objectives.
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.

Nice To Haves

May be required to travel up to 15% of the time.

Responsibilities

Lead new product sourcing strategy and execution by developing sourcing plans in I2M Planner and driving procurement deliverables that meet cost, quality, risk, and total cost of ownership (TCO) targets. Leverage competitive market benchmarks to influence sourcing decisions and project objectives.
Manage supplier engagement and sourcing governance by assembling NPI Bill of Material (BoM) sourcing grids, leading RFP activities through Ariba e-RFQ, and presenting recommendations to Sourcing Boards for approval. Ensure alignment between Procurement, R&D, and suppliers throughout the product development lifecycle.
Drive supplier innovation and Design for Excellence (DfX) initiatives to improve product cost, quality, and risk profiles. Facilitate early supplier involvement, innovation workshops, and cross-functional collaboration to integrate supplier capabilities and value-added solutions into product designs.
Influence product design and portfolio optimization by promoting standardization, platforming, and component simplification across product lines. Guide design specifications to maximize supplier flexibility, technology applicability, and long-term scalability.
Lead product launch readiness and lifecycle management by overseeing PDLM sourcing reviews, supplier capacity planning, phase-in/phase-out execution, and production ramp-up activities. Monitor post-launch performance and develop cost reduction, quality improvement, and productivity opportunities to support continuous improvement.