Job Description

Job Title

Job Description

This role supports and improves manufacturing operations by combining hands-on sustaining support with high-impact cost-reduction projects. This includes analyzing process cost structures and variances, applying value engineering and process optimization, and maintaining master data (BOMs, cost models, and routings). The role delivers cost-benefit analyses for process improvements and equipment investments, implements cost controls and cost tracking, and supports resource planning with product build-time information.

Your role:

• Generate actionable insights into the relationship between processes and costs; advise management and project teams; and resolve moderately complex issues using sound judgement and appropriate analytical methods.

• Apply lean manufacturing principles and Capex optimization to improve processes, tools, and equipment; enable cross-functional knowledge transfer of industrial engineering methods; and collaborate with Manufacturing Engineers, production managers, and stakeholders to drive efficiency without increasing headcount.

• Conduct time studies to build and maintain cost models that break down operation time, material inputs, and cost of non-quality; analyze capacity, identify bottlenecks across ~9 lines, support line balancing, and translate operational data into actionable capacity and cost insights for Manufacturing, Planning, and Finance.

• Coordinate master data management in SAP by partnering with Procurement and Manufacturing Engineering to maintain accurate, current material master data.

• Ensure all components in the active bill of materials (BOM) are correctly costed by performing thorough reviews to confirm the accuracy and completeness of component cost data.

• Define and maintain production-related manufacturing requirements in PDLM; implement design changes across the product lifecycle (LCM); and ensure work instructions and quality control plans align with regulatory, safety, environmental, and company policy requirements.

You're the right fit if:

• You have 4+ years of experience with a bachelor's in manufacturing, operations, cost or production engineering, or no experience required with a Master's, ideally in production or manufacturing engineering.

• Your skills include mastery of lean manufacturing methods (Value Stream Mapping, 5S, Kaizen, SMED, TPM), time studies, line-balancing, and industrial engineering tools to optimize capacity and reduce costs.

• You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.

• You are a strong communicator, collaborative team player, and effective at stakeholder management, adaptability, problem-solving, and influencing others in cross-functional settings.

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 is an onsite 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 culture.

Philips Transparency Details

The pay range for this position in Colorado is $96,000 to $152,000

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.

Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Colorado Spring, CO.

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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 including Disability/Vets and maintains a drug-free workplace.