Procurement Engineer

Philips International; Pune District; On-site; INR 2,000,000 - 3,500,000; Full time

Job summary

Philips Procurement Engineering role focuses on establishing and industrializing supplier bases for innovation projects. The position drives cost roadmaps, engages suppliers in BoM RFPs, and leads DfX activities to optimize cost, quality, and risk across product portfolios.

You’ll partner with Engineering to leverage supplier expertise, ensure supplier readiness for New Product Introductions, and drive continuous improvements post-launch.

Qualifications

• Bachelor's/ Master's Degree in Electrical, Electronics, Mechanical Engineering.
• 10+ years of proven expertise in Product Sourcing, Supplier Innovation, and Cost Engineering, consistently driving value through strategic supplier engagement, technical insights, and process optimization.

Responsibilities

• Drives supplier participation in BoM RFPs for technical fit and cost competitiveness.
• Leads DfX initiatives to optimize cost, quality, and product performance.
• Facilitates early supplier innovation and integrates it into design.
• Partners with Engineering to leverage supplier expertise and influence specifications.
• Champions product cost and quality strategies across the portfolio.
• Ensures supplier readiness for New Product Introductions.
• Builds cost roadmaps post-launch, driving continuous improvements.
• Shapes cost engineering strategies through cross-functional collaboration.
• Executes impactful sourcing, cost, and risk reduction projects.

Skills

DfX

BoM RFP Leadership

Cost Roadmapping

Supplier Innovation

New Product Introduction

Manufacturing Know-how

Cost Engineering

Cross-Functional Collaboration

Project Management

Supplier Relationship Management

Education

Bachelor's/Master's Degree in Electrical Engineering

Bachelor's/Master's Degree in Electronics Engineering

Bachelor's/Master's Degree in Mechanical Engineering

Job description

Job Title Procurement Engineer Job Description

The Procurement Engineer or Product Sourcing Engineer (PSE) plays a pivotal role in driving advanced and new product development efforts by establishing and industrializing the supplier base for innovation projects. The role leads the creation of Product Cost Roadmaps for existing products, aiming to deliver improvements in cost efficiency, quality, and risk mitigation. It actively engages suppliers in BoM RFP processes to secure competitive pricing and comprehensive participation, while conducting Design for Excellence (DfX) activities to enhance overall product value. The PSE facilitates early supplier innovation events to promote collaboration and technical input, working closely with Innovation and Engineering teams to incorporate breakthrough ideas into product design- ultimately optimizing propositions and ensuring maximum value for Philips and its customers.

Your role:

• Drives supplier participation in BoM RFPs for technical fit and cost competitiveness
• Leads DfX initiatives to optimize cost, quality, and product performance
• Facilitates early supplier innovation and integrates it into design
• Partners with Engineering to leverage supplier expertise and influence specifications
• Champions product cost and quality strategies across the portfolio
• Ensures supplier readiness for New Product Introductions
• Builds cost roadmaps post-launch, driving continuous improvements
• Shapes cost engineering strategies through cross-functional collaboration
• Executes impactful sourcing, cost, and risk reduction projects

You’re the right fit if you have:

• Bachelor's/ Master's Degree in Electrical, Electronics, Mechanical Engineering.
• 10+ years of proven expertise in Product Sourcing, Supplier Innovation, and Cost Engineering, consistently driving value through strategic supplier engagement, technical insights, and process optimization.

Key Skills:

• DfX (Design for Excellence) – cost, quality & risk optimization
• BoM RFP Leadership – supplier engagement & pricing strategy
• Cost Roadmapping – lifecycle cost planning & control
• Supplier Innovation – early collaboration & integration
• New Product Introduction (NPI) – supplier readiness & ramp-up
• Manufacturing Know-how – process capability & industrialization
• Cost Engineering – analysis & reduction strategies
• Cross-Functional Collaboration – engineering, innovation & sourcing teams
• Project Management – strategic sourcing initiatives
• Supplier Relationship Management – partnerships & performance

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 is an office based 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 the lives of others.

• Learn more about our business.
• Discover our rich and exciting history.
• Learn more about our purpose.

About Philips

At Philips, we believe that every human matters. As a global health-tech leader, we focus on improving people’s health and wellbeing through meaningful innovation. The people who work here share our passion and are motivated to bring this purpose to life. For more than 130 years, we have been creating technologies and innovations that improve people's lives and support healthcare practitioners. Headquartered in the Netherlands and operating in more than 100 countries globally, we focus our advanced technology and deep clinical and consumer insights on Precision Diagnosis, Image Guided Therapy, Enterprise Informatics, Monitoring/ Connected Care, Sleep & Respiratory Care and Personal Health. Together, we deliver better care for more people because we believe that every human matters. That's why we're taking steps to create an environment where we acknowledge and embrace our differences and uniqueness and listen to and value each other's views. When people feel cared for and listened to, they bring their best qualities to work, leading to better collaboration, communication, innovation and success.

It is the policy of Philips to provide equal employment and advancement opportunities to all qualified employees and applicants for employment without regard to race, color, religion, sex, pregnancy/childbirth or related medical conditions, age, ethnic or national origin, sexual orientation, gender identity or expression, physical or mental disability, genetic information, citizenship status, veteran or military status, marital or domestic partner status or any other characteristic protected by law. As an equal opportunity employer, Philips is committed to fostering a culture where all are treated with respect and professionalism.

To ensure reasonable accommodations 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.

Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace. Know Your Rights