About Signify
Through bold discovery and cutting-edge innovation, we lead an industry that is vital for the future of our planet: lighting. Through our leadership in connected lighting and the Internet of Things, we're breaking new ground in data analytics, AI, and smart solutions for homes, offices, cities, and beyond.
At Signify, you can shape tomorrow by building on our incredible 125+ year legacy while working toward even bolder sustainability goals. Our culture of continuous learning, creativity, and commitment to diversity and inclusion empowers you to grow your skills and career.
Join us, and together, we’ll transform our industry, making a lasting difference for brighter lives and a better world.
More about the role
Job Summary
Executes component ordering according to component demand plans and factory requirements. Optimizes on-hand component inventory to meet assigned inventory targets.
Key Areas of Responsibility
• Monitors inventory levels to prevent shortages and overstock situations.
• Coordinates with suppliers to ensure timely delivery of components and confirms forecast to reserve capacity.
• Drives root cause analysis and corrective actions on delivery reliability and component availability.
• Actively manages component inventory health by updating stocking strategies and maintaining SAP parameters.
• Issues and controls component orders, taking actions to ensure reliable confirmations and timely deliveries.
• Forecasts demand to suppliers and controls inventory within safety stock parameters to minimize slow-moving costs.
• Participates in component phase-in/phase-out processes and prepares reports on missing components.
• Maintains logistics data in SAP and evaluates suppliers on timeliness and quantity of supplies.
• Follows up with suppliers' forecasts, including confirmation, to ensure timely capacity reservations.
• Maintains SAP parameters and logistics views.
• Issues orders for components and controls their execution. Responsible for all components belonging to the Purchasing Group & MRP Controller role.
• Maintains and controls components inventory according to established limits and safety stock parameters.
• Participates in the phase-in and phase-out of components.
• Acquires and uses information about suppliers' holidays and scheduled downtimes to prevent delays in production orders.
• Evaluates suppliers in terms of timeliness and quantity of supplies in the GSRS.
• Knowledge and compliance with obligations under the Philips Supply Chain Security System.
• Escalates risks related to the timely execution of Purchase Orders.
• Provides consultancy for preparing the logistics contracts.
• Drives continuous improvement within the area of operation.
Critical Experiences
• Secondary school degree
• Experience in supply chain planning or inventory management, preferably in a manufacturing environment is an advantage
Everything we’ll do for you
You can grow a lasting career here. We’ll encourage you, support you, and challenge you. We’ll help you learn and progress in a way that’s right for you, with coaching and mentoring along the way. We’ll listen to you too, because we see and value every one of our 27,000+ people. We believe that a diverse and inclusive workplace fosters creativity, innovation, and a full spectrum of bright ideas. With a global workforce present in 70+ countries, we are dedicated to creating an inclusive environment where every voice is heard and valued, helping us all achieve more together.
Come join us, and together we can light up the future.
Skills Required
- Secondary school degree
- Experience in supply chain planning or inventory management
- Experience in a manufacturing environment
What We Do
Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers, and the Internet of Things. Our Philips products, Interact systems and data-enabled services deliver business value and transform life in homes, buildings and public spaces. In 2023, we had sales of EUR 6.7 billion, approximately 32,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for seven consecutive years and have achieved the EcoVadis Platinum rating for four consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page
