Procurement Project & Sourcing Manager

Drive procurement strategy from product development to market launch, ensuring supplier involvement, cost targets, and sourcing timelines while leading improvement projects to enhance savings, margin, and revenue.

Your role:

• Drive strategic procurement initiatives by partnering with Research & Development, Product Management, and suppliers to support new product development, sourcing, and product sustainability.

• Ensure early supplier involvement during product development and launch phases, meeting Bill of Material cost targets and ensuring on-time, on-plan sourcing.

• Lead procurement improvement projects to enhance cost efficiency, drive design-to-cost strategies, and execute cost reduction programs, boosting Business Unit quality, delivery, and cost performance.

• Manage supplier sourcing and onboarding in alignment with global procurement category strategy, conducting Requests for Information (RFI) and Requests for Quotation (RFQ), while tracking material cost and timeline progress.

• Oversee procurement project execution by planning, organizing, and reporting on assigned scopes, driving performance improvements, and leveraging the global procurement network for added value.

You're the right fit if:

• You’ve acquired 6+ years of experience in procurement, sourcing, or category/commodity management within a large international company, preferably in the medical, automotive, or aerospace industries.

• Your skills include expertise in supplier management, R&D collaboration, and sourcing, with experience in diverse technologies such as molding, extrusion, precision metals, and electronics. Bonus: Deep knowledge of long-term structural cost drivers for assigned products/categories.

• You have a Master’s degree in a technical or commercial discipline.

• You’re an analytical and results-driven professional with strong communication and stakeholder management skills, capable of structuring and organizing multiple activities while building solid business cases based on data-driven insights.

• You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.

How we work together

We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

This role is an office role.

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

• Learn more about our business.

• Discover our rich and exciting history.

• Learn more about our purpose.

• Learn more about our commitment to diversity and inclusion.

Philips Transparency Details

The pay range for this position in (Nashville or Florida) is $114,000 to $159,600

The pay range for this position in (Cambridge) is $127,680 to $178,752

The pay range for this position in (Chicago) is $119,700 to $167,580

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.

Additional Information

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.

Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Chicago, Nashville, Florida or Cambridge.

#LI-PH1

It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person’s relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.

As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.

Equal Employment and Opportunity Employer/Disabled/Veteran