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
Manages supplier relationships and ensures the timely procurement of quality materials. Collaborates with engineering teams to align procurement strategies with project requirements. Analyzes market trends to make informed purchasing decisions.
Key Areas of Responsibility
• Implements procurement strategies to ensure cost-effective purchasing of materials.
• Monitors supplier performance and addresses any issues or delays in the supply chain.
• Ensures compliance with company policies and regulatory requirements in all procurement activities.
• Ensured supplier related data is maintained and up to date.
• Participate in concept savings ideation and ensures implementation.
• Drive supplier & part selection in I2M.
• Support phase-in/phase-out planning.
• Manage Customization & Engineering to Order Projects.
• Ensure procurement related risks are controlled and mitigated for the locally used suppliers / projects.
• Support and executes the implementation of commodity strategies, DFX and Kaizen cost reduction plans.
• Support the negotiation teams with conceptual and fact-based information and opportunities to drive significant structural cost reduction improvement.
• Second line escalation support for supply.
• Drive PE excellence (DFX, VA, SQ).
• Meet TCO and procurement savings cost targets during life cycle phase.
• Develop cost models and TCO cost roadmaps & linkage to margin management.
• Report Procurement KPI's on factory level.
• Support the Supplier Quality team in supplier component release process as part of the Advanced Quality Plan (AQP), including compliance and sustainability aspects.
Critical Experiences
• Bachelor's degree in Mechanical / Production Engineering, Business Administration in Operations or a related field.
• Minimum of 10~15 years of experience in procurement or supply chain management, with a focus on supplier management and cost reduction strategies.
• Certification in Procurement or Supply Chain Management, such as CPSM (Certified Professional in Supply Management) or equivalent, is preferred.
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
- Bachelor's degree in Mechanical/Production Engineering, Business Administration in Operations, or related field.
- Minimum of 10-15 years procurement or supply chain experience with supplier management and cost reduction strategies.
- Certification in Procurement or Supply Chain Management (e.g., CPSM)
- Experience with DFX, Kaizen, TCO modeling, I2M system usage, Advanced Quality Plan (AQP), and supplier quality processes.
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
