B. BOM C&S initiative execution and governance
Establish and operate the integrated plan, review cadence, action tracking, and decision log for the assigned BOM C&S initiative portfolio.Coordinate initiative owners across Engineering, Procurement, Supplier Quality, Finance, and other functions directly required for delivery.Monitor milestones, dependencies, resources, risks, issues, and decisions for design-to-cost, value engineering, specification optimization, supplier change, localization, resourcing, and sourcing initiatives.Escalate material gaps with clear impact, recovery options, recommended decisions, and accountable owners.Support prioritization based on validated savings, feasibility, timing, technical and quality risk, regulatory impact, and required investment.Maintain accurate and auditable evidence for initiative status, approvals, cost baselines, and realized savings.Monitor FCP development of the configurations and main components
C. Opportunity development within BOM C&S
Plan and facilitate focused workshops and structured problem-solving sessions to identify and mature BOM C&S productivity opportunities.Convert opportunities into defined charters with a cost baseline, saving mechanism, owner, milestones, approval path, implementation plan, and measurable outcome.Apply appropriate Lean, DfX, value engineering, should-cost, and sourcing methods within the boundaries of BOM C&S productivity.Capture reusable practices, lessons learned, and standard work for BOM C&S opportunity development and delivery.
D. Stakeholder coordination and change implementation
Build effective working relationships with the VCP Lead and functional stakeholders required to deliver assigned initiatives.Strong connection with product management and project management organizationCommunicate priorities, progress, trade-offs, risks, decisions, and required actions clearly.Coordinate readiness and action closure for approved design or sourcing changes while respecting functional decision rights and established quality and regulatory processes.Promote transparency, accountability, fact-based decisions, and disciplined benefit validation within the BOM C&S portfolio.
Key Accountabilities and Decision Scope
A. BOM C&S savings delivery & FCP roadmap
Manage the integrated initiative plan and support delivery against assigned savings targets; functional owners remain accountable for their initiatives.Primary interfaces: VCP Lead, Finance, Engineering, Procurement.
B. BOM C&S portfolio management
Maintain the opportunity funnel, synchronize the roadmap, prioritization data, dependencies, assumptions, and governance inputs for the defined scope.Primary interfaces: Initiative Owners, Finance, PMO and DfX
C. Execution discipline
Drive review cadence, milestone control, action closure, risk management, escalation, and reporting across assigned initiatives.Primary interface: Cross-functional BOM C&S Core Team.
D. Opportunity development
Facilitate selected workshops and structured analysis for BOM, design-to-cost, value engineering, and sourcing opportunities.Primary interfaces: DfX, Portfolio management, Product Management, Engineering, Procurement, Supplier Quality, Cost Engineering.
E. Implementation coordination
Coordinate stakeholder actions and implementation tracking after required functional approvals.Primary interfaces: BPT owners, Project management, R&D Management, Change Owners, Quality, Regulatory, Operations.
F. Decision boundaries
May recommend initiative priorities, recovery actions, escalations, and trade-offs within the assigned BOM C&S portfolio. Does not approve product design, supplier selection, quality or regulatory release, financial recognition, or functional resource commitments unless separately delegated. Does not own productivity initiatives outside BOM C&S.
Minimum required education & required experience
8 years of experience with Bachelor's or minimum 6 years of experience with Master's in Project Management, Engineering, Procurement, Supply Chain, Operations, Cost Management, or an equivalent area.
Preferred certification
Lean Foundation, Lean Six Sigma, PMP, or equivalent project and improvement certification.
Preferred skills and experience
Program and project management for cost productivity initiatives
BOM cost analysis, cost baselining, and benefit tracking
Value engineering, design-to-cost, DfX, or specification optimization
Strategic sourcing, supplier change, localization, resourcing, or commercial cost reduction
Financial acumen and savings validation
Cross-functional stakeholder management
KPI monitoring, governance, and executive reporting
Risk, issue, dependency, and decision management
Structured problem solving and workshop facilitation
Quality and regulatory awareness for controlled design and sourcing changes
Working experience with MR products or within the medical device, healthcare technology, or a comparable regulated industry is preferred.
Hands-on working experience in Lean, DfX, value engineering, should-cost, sourcing productivity, or BOM cost reduction is preferred.
Success Measures
Delivery of validated BOM C&S productivity and savings against assigned targets.
Quality and transparency of the opportunity funnel, cost baselines, benefit assumptions, milestones, and forecast.
On-time closure of actions, risks, issues, approvals, and decisions across assigned initiatives.
Conversion of BOM C&S opportunities into executable initiatives with clear ownership and measurable benefits.
Effective cross-functional governance and timely escalation of gaps affecting delivery.
Accurate and auditable evidence supporting implementation and savings validation.
About Philips
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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.
