Procurement Engineer

About the role

In this role you will drive Advanced Development & New Product Development (PDLM) projects to industrialize the supplier base for new innovation projects and to manage Product Cost Roadmaps for released products, focusing on cost, quality, and risk improvements.

Responsibilities

• Lead new product sourcing strategy and execution by developing sourcing plans in I2M Planner and delivering procurement outcomes 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 Materials (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.

Qualifications

• 2+ years experience leading procurement and sourcing activities for new product introductions within a regulated manufacturing environment.
• 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.
• Bachelor’s degree (required) in Supply Chain Management, Industrial Engineering, Operations, Research & Development, Quality, Mechanical Engineering, Electrical Engineering, or equivalent.
• US work authorization required; no sponsorship available.
• Must reside in or within commuting distance to Murrysville, PA.

Skills

• Supplier selection and RFQ management (Ariba e‑RFQ).
• Design for Excellence (DfX) and Design for Manufacturing (DFM) initiatives.
• Contract negotiations and cross‑functional collaboration with R&D, Quality, and Supply Chain teams.
• Risk mitigation, component obsolescence management, capacity planning, and engineering change management.
• Lean/6Sigma methodologies.
• Project execution and management of complex supplier and assurance‑of‑supply projects.

Benefits

• Comprehensive Philips Total Rewards benefits program.
• Generous paid time off (PTO).
• 401(k) plan with up to 7% company match.
• Health Savings Account (HSA) with company contribution.
• Stock purchase plan.
• Education reimbursement.
• Additional incentives such as annual bonus, sales commission, or long‑term incentives may be offered.

Pay

The pay range for this position in Murrysville, PA is $93,000 to $150,000. Base pay may vary within this range based on knowledge, skills, experience, business needs, location, and internal equity. Additional compensation such as an annual incentive bonus, sales commission, or long‑term incentives may also be provided.

Schedule

• Office‑based role with an expectation to work on‑site at least three days per week.
• Travel up to 15% of the time may be required.