Job Title
Cost Program LeaderJob Description
Directs, guides, and aligns the activities of programs consisting of multiple and interdependent projects executed by transforming and performing organizations and/or staff, to contribute to the program’s delivery of its intended benefits and the organization’s strategy.
Your role:
Initiate and implement cost programs and business transformations aligned with category and business strategies. Collaborate with cross-functional teams (R&D, procurement, manufacturing, service) to optimize product cost and value propositions.
Develop expertise in service business and technical challenges to mitigate costs of non-quality. Lead cross-functional workshops, DfX initiatives, PRIDE problem-solving sessions, and root cause analyses for cost reduction solutions.
Define program goals, scope, and deliverables while balancing schedule, budget, and risks. Coordinate program activities, monitor business cases, and integrate project outcomes to achieve intended benefits.
Develop analytics, create presentations, and update SteerCo on progress. Work with Finance to accurately capture cost reductions in financial systems, ensuring alignment with P&L and product-level metrics.
Availability to travel locally 10%
You're the right fit if:
Engineering graduate (preferred MBA).
10+ years of experience in procurement and supply chain, including leading DfX, Lean Convention, PRIDE, and problem-solving initiatives.
Deep understanding of service, warranties, and collaboration with global teams, supplier engineering, and suppliers to drive cost reduction and mitigate CoNQ.
Strong program management abilities, entrepreneurial mindset, ownership, and high influencing skills coupled with emotional intelligence. Demonstrates Philips Leadership Behaviors, business acumen, and high positive energy to effectively navigate complex environments.
You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position
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 role is an office 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 improve the lives of others.
Learn more about our business.
Discover our rich and exciting history.
Learn more about our purpose.
Learn more about our commitment to diversity and inclusion.
Philips Transparency Details
The pay range for this position in Bothell, Cambridge and San Diego is $148,000 to $226,000
The pay range for this position in Pittsburgh and Reedsville is $133,000 to $202,000
The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
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This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.