Job Information
Philips Sr. Product Sourcing Engineer in Plymouth, Minnesota
Sr. Product Sourcing Engineer– Medical Devices
Drive Advanced Development and New Product Development projects by scouting innovative supplier opportunities, collaborating with supplier and R&D to bring supplier innovation and feedback to NPI, and providing expert insights on technologies, processes, and cost drivers to optimize business impact.
Your role:
Drive early engagement in innovation by partnering with Advanced Development (AD) and New Product Introduction (NPI) teams to develop cutting-edge solutions that maximize value for Philips and its customers.
Collaborate with suppliers and R&D to leverage supplier-originated innovations, conducting early supplier innovation events to integrate new technologies into product concepts.
Optimize design and manufacturing by standardizing components, influencing design specifications to enhance product value, cost efficiency, quality, and manufacturability.
Lead sourcing strategy and supplier readiness by developing and executing sourcing plans that align with technical, quality, cost, and risk targets, ensuring a seamless transition from development to manufacturing.
Establish cost roadmaps and competitive benchmarks to drive continuous improvement in cost, quality, and risk while ensuring NPI project goals are successfully met.
You're the right fit if:
You’ve acquired 6+ years of experience in product development in a technical role. Experience with reprocessing medical products, structural heart and cardiac devices such as catheter-based systems, transcatheter devices, delivery systems, stents, or intracardiac ultrasound preferred.
Your skills include strong technical expertise in diverse supplier technologies (e.g., molding, metals, extrusions), engineering and technology domain knowledge, project management, DfX methodology, cost analysis (Product Should Cost/Tear Down), and statistical methods.
You have a Bachelors Degree in Engineering or a related discipline, with a Six Sigma Green Belt certification preferred.
You’re an influential thought leader with a proven ability to drive cross-functional collaboration, recognized for your impact across the organization. You must also be able to travel up to 10-20% of the time to Philips sites and suppliers as needed.
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 we are 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 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 of 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 Plymouth 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 Plymouth.
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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