Procurement Engineer IGT-S

Job Title Procurement Engineer IGT-S Job Description Join Philips as a Procurement Engineer in IGT-S and help shape product and supplier decisions from advanced development and new product introduction through the full product lifecycle. You will combine technical curiosity, commercial thinking and supplier collaboration to turn improvement ideas into robust business cases, cost reductions and better product outcomes. This is an opportunity to grow in a team that values ownership, direct communication and development. Your role:

• Lead supplier engagement for project Bill of Materials (BOMs) and Requests for Proposals (RFPs), ensuring technical fit, competitive cost, and comprehensive supplier participation.
• Drive the use of preferred suppliers and approved technologies to maximize quality, reliability, and total cost performance.
• Work under limited supervision to execute DfX analyses to improve cost, quality, manufacturability, value, and risk.
• Lead early supplier innovation activities and integrate manufacturing capabilities and technology inputs into product concepts.
• Partner with Engineering to embed supplier-driven innovations and influence design specifications for optimal cost, quality, and robustness.
• Develop component simplification, standardization, and platforming strategies across the portfolio.
• Ensure supplier readiness and capacity for prototype, pilot, and product ramp-up phases.
• Build and maintain Product Cost Roadmaps using production data, cost models, competitive benchmarks, and market data for data-driven cost optimization.
• Analyze supplier proposals and market trends to identify cost-reduction and value-creation opportunities.
• Lead cost engineering, risk reduction, and quality improvement initiatives that influence product performance and sourcing strategy.
• Execute procurement project plans, manage risks, and track progress through KPIs, dashboards, structured reporting, and insights for senior management and project teams.
• Drive strategic sourcing processes, including early supplier involvement, qualification, and selection against technical specifications and standards.
• Ensure compliance with procurement policies, quality systems (e.g., ISO), and regulatory requirements.
• Facilitate cross-functional collaboration with Engineering, Finance, Operations, and other stakeholders to align on procurement and product/program deliverables. You're the right fit if:
• You hold a Bachelor’s or Master’s degree in Mechanical Engineering, Electrical Engineering, Industrial Engineering, Operations Management, Logistics, Business, Finance, or a related field.
• You have a minimum of 2 years of experience in procurement, supplier engagement, DfX, NPI, cost engineering, project management, manufacturing, operations, or supply chain.
• You have strong technical affinity and are comfortable engaging with Engineering and R&D stakeholders; deep technical expertise is not required.
• You bring strong analytical and financial thinking, with the ability to develop and communicate business cases and quantify value.
• You can translate technical and commercial insights into productivity, cost-reduction, value-engineering, or process-improvement opportunities.
• You are confident challenging assumptions and influencing cross-functional stakeholders with facts, data, and well-supported recommendations.
• You demonstrate learning agility, curiosity, ownership, and the motivation to grow within a procurement engineering environment.
• You communicate openly, directly, and transparently and work effectively in a collaborative, cross-functional setting.
• You are comfortable working from the Best office at least three days per week. Compensation & Benefits Doing meaningful work should come with fair, transparent rewards. The base salary range for this role is € 61,185.00 – € 101,976.00. We determine pay within the range using objective factors, like the skills the role requires, your relevant experience and the responsibility you'll have in this role, alongside internal equity and local market considerations. This role is eligible for annual incentive, with your rewards linked to KPIs/company results. We’ll share the full approach with you during the interview process, so you can make a clear, informed decision. Benefits include:
• Health and well-being programs: to support you mentally and physically, allowing you to stay energized and be your best at work and beyond;
• Career growth: access to a wide range of tools and resources to further your career, including a personal development budget, training and coaching;
• Annual leave: 25 days with the option of purchasing up to 20 extra days per year;
• Financial incentive: individual bonus based on personal performance and/or Philips' annual results;
• Additional benefits: solid company pension scheme, attractive collective health insurance package and opportunity to buy Philips shares and products with a discount. 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. About Philips Are you ready to do the work of your life to help the lives of others? Learn more about our business , discover our rich and exciting history and learn more about our purpose . If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care . #LI-EU #EOS