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Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in New Product Development and Procurement, focusing on supplier engagement, cost reduction, and risk management within regulated manufacturing environments. Proficient in cross-functional collaboration and project execution to drive product lifecycle support and innovation.
Highest-signal resume keywords
New Product DevelopmentProcurement ManagementSupplier EngagementCost Reduction ProgramsLean/6Sigma
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Supplier SelectionRFQ ManagementDesign for Excellence (DfX)Design for Manufacturing (DFM)Contract NegotiationsCapacity PlanningEngineering Change ManagementProject ExecutionCost AnalysisRisk Mitigation
Soft Skills
Cross-Functional CollaborationCommunicationLeadership
Tools & Technologies
I2M PlannerAriba e-RFQ
Industry Keywords
Regulated ManufacturingProduct Lifecycle ManagementSupplier InnovationTotal Cost of OwnershipProduct Launch Readiness
About the role
Key responsibilities & impact- Drive New Product Development (PDLM) projects to industrialize the supplier base for new innovation projects
- Drive Product Cost Roadmaps for AM&D sensor products focused on cost, quality, and risk improvements
- Lead new product sourcing strategy and execution by developing sourcing plans in I2M Planner
- Drive procurement deliverables meeting cost, quality, risk, and total cost of ownership targets
- Leverage competitive market benchmarks to influence sourcing decisions and project objectives
- Manage supplier engagement and sourcing governance
- Assemble NPI Bill of Material sourcing grids and lead RFP activities through Ariba e-RFQ
- Present 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 initiatives
- Facilitate early supplier involvement, innovation workshops, and cross-functional collaboration
- Promote 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
- Oversee 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
- Maintain project momentum, ensure supply continuity, deliver planned cost savings, support regulatory and design changes, and execute strategic sourcing initiatives
Requirements
What you’ll need- 2+ years of experience leading procurement and sourcing activities for new product introductions within a regulated manufacturing environment
- Experience with supplier selection, RFQ management, DfX/DFM initiatives, contract negotiations, and cross-functional collaboration with R&D, Quality, and Supply Chain teams
- Proven track record of delivering cost reduction programs, dual-source strategies, supplier innovation, and product lifecycle support
- Experience managing supplier and assurance-of-supply projects, risk mitigation, component obsolescence, capacity planning, production launches, and engineering change management
- Knowledge of Lean/6Sigma, Design for Excellence (DfX), supplier RFQ management, Design for Manufacturing (DFM), supplier selection, contract negotiations, and project execution
- Bachelor’s degree, required, in Supply Chain Management, Industrial Engineering, Operations, Research & Development, Quality, Mechanical or Electrical Engineering or equivalent
- US work authorization required; candidates requiring sponsorship now or in the future will not be considered
- Must reside in or within commuting distance to Malvern, PA, Chicago, IL, Cambridge, MA, or San Diego, CA
- Ability to travel up to 15% of the time
- Ability to successfully perform minimum physical, cognitive, and environmental job requirements with or without accommodation
Benefits
Comp & perks- Annual incentive bonus may be offered
- Sales commission may be offered
- Long-term incentives may be offered
- Generous PTO
- 401k with up to 7% match
- HSA with company contribution
- Stock purchase plan
- Education reimbursement
- Comprehensive Philips Total Rewards benefits program