Posted on Oct 12th 2019

Product Sourcing Engineer


Full time



Posted on Oct 12th 2019


Full time



Job Title

Product 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

  • Drive the sourcing plan for New Product projects using I2M Planner. Execute the sourcing plan deliverables to ensure project targets are achieved for cost, quality, risk and optimized TCO.  Influence targets based external competitive benchmarks.
  • Orchestrate and assemble the sourcing grid details for the NPI BoM in partnership with Procurement and bring to Sourcing Board for decision. Assemble and engage suppliers on project BoM RFPs using Ariba e-RFQ
  • Conduct DfX activities to identify opportunity to improve product cost, quality and risk.
  • Conduct early supplier innovation events to bring suppliers earlier in the product innovation process. Influence R&D and capture supplier innovation in the products to optimize the propositions and achieve the best value for Philips and its customers.
  • Develop innovative solutions to simplify, standardize or platform components or assemblies across the portfolio.
  • Influence design specifications to ensure applicability to broad technology, supplier and part capability.

You are a part of

The ISC Engineering Team which consists of Product Sourcing Engineering (PSE), Supplier Quality Engineering (SQE), DfX. Specifically for PSE of CT/AMI, you’re part of a global team with locations in Suzhou, Shenyang, Haifa Israel and Hamburg Germany.

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


Bachelor (preferably Master) degree in a relevant industrial, technical, operational discipline


  • Cost reduction, quality improvement, and risk reduction via supplier engagement in Advanced Development & Product Development Lifecycle Maintenance (PDLM) projects.
  • Cost engineering providing valuable cost insights into the business
  • Understanding the principles of executing cost down projects and new product introduction projects
  • Understanding the principles of DfX (L1)
  • Understanding the principles of the materials / goods flow
  • Use of the entire costing toolset (Should Costing, NPV/ ROI, TCO etc.) in large projects
  • Deep knowledge of the long-term structural cost drivers for the assigned product
  • Participates in multi-disciplinary project teams and contributes to developing cost engineering processes
  • Able to read and understand blueprints and other engineering documentation

Other skills: Fluent English and good presentation skills

In return, we offer you

We offer experiences and career development opportunities in a global team with focus on technology and innovation that add many unexpected and enriching moments, especially when the innovative health technologies and solutions they help develop benefit their own friends and family.

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. Learn more by watching this video.

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.


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Over 125 years ago, Frederik and Gerard Philips started a small light bulb company in Eindhoven. Little did they realize that it would become a global force of innovation, committed to improving billions of lives worldwide. But it did. Today, Philips is a world leading health technology company with a vision to make life better for people worldwide through meaningful innovation. Making good on this promise depends on our passionate, inspirational, collaborative and diverse team. We have over 80,000+ brilliant people around the world but are always looking for more. Like-minded, motivated, focused minds to join us in creating a healthier, more connected society while tranforming themselves personally and professionally. Working at Philips is more than a job. It's an experience filled with unexcepted moments that will transform you in lasting and positive ways. Help us improve the world for the better while building a career that no one could have planned for. Even you.




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