Procurement Engineer

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• You've acquired 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.
• Your skills include 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, ISO 13485 knowledge and project execution.
• You have a Bachelor's degree, required, in Supply Chain Management, Industrial Engineering, Operations, Research & Development, Quality, Mechanical OR Electrical Engineering 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 .
• You're 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. May be required to travel up to 15% of the time.

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Philips Transparency Details

The pay range for this position in Chicago, IL or Malvern, PA is $99,000 to $157,000. The pay range for this position in Cambridge, MA or San Diego, CA is $105,000 to $168,000.

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.