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Philips

Makes medical devices and personal health products

Market Procurement Manager

Procurement & SourcingConfirmed live in the last 24 hours
Full-timeSeoul, South KoreaNo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Engineering, Supply Chain, Procurement, Business, or a related field is required.
  • At least 10 years of progressive experience across direct procurement, strategic sourcing, supplier account management, supplier development, or procurement project management in a multinational environment is required.
  • Demonstrated experience in commercial negotiation, requests for proposal, contract management, total-cost analysis, and supplier performance management is required.
  • Experience sourcing engineered products, mechanical parts or assemblies, contract manufacturing, equipment, or installation and repair services is required.
  • Ability to assess suppliers beyond price, including technical capability, quality systems, capacity, financial health, sustainability, regulatory readiness, and continuity risk is required.
  • Ability to influence senior local and global stakeholders, lead cross-functional decisions without direct authority, and maintain alignment through conflict or ambiguity is required.
  • Working proficiency in Korean and English, including supplier negotiations, presentations, and written communication, is required.
  • Ability to operate independently, make sound decisions under ambiguity, and lead multiple high-impact workstreams with limited supervision is required.

Responsibilities

  • Act as the senior Procurement representative for Korea and lead end-to-end sourcing, commercial negotiation, contracting, and supplier decisions for complex third-party products and services.
  • Influence Korea leadership, Business Market Leaders, Sales, Service, Supply Chain, Supplier Quality, Legal, Finance, and global procurement teams to translate competing business needs into integrated sourcing strategies and decisions.
  • Build and maintain a short- and mid-term productivity pipeline through competitive sourcing, supplier consolidation, Design-For-Excellence (DfX), demand challenge, and total-cost-of-ownership analysis.
  • Balance project-based procurement with category management and promote approved, standardized, and catalog solutions where appropriate.
  • Safeguard assurance of supply, delivery reliability, and customer commitments through proactive supplier risk management and contingency planning.
  • Ensure compliance with Korean regulations, Philips Quality Management Systems, cybersecurity requirements, master agreements, and internal procurement policies.
  • Monitor supplier performance, address recurring gaps, and drive corrective actions with relevant stakeholders.
  • Shape and implement procurement operating-model and process improvements that can be scaled across categories or markets where relevant.
  • Own the commercial relationship and account strategy for an assigned portfolio of strategically important Mechanical suppliers, acting as the senior point of contact for supplier-related commercial alignment.
  • Develop and execute supplier account strategies aligned with category, business, and supplier priorities, covering cost and feature competitiveness, performance, technology roadmaps, innovation, sustainability, capacity, and risk.
  • Manage supplier performance using applicable scorecards and cross-functional calibration, with clear improvement actions for quality, delivery, productivity, and sustainability.
  • Lead negotiations, business reviews, contract management, and sourcing events using Philips standards and tools.
  • Create competitive tension through benchmarking, market intelligence, supplier capability assessment, and alternative-source development.
  • Coordinate supplier-related activities across Procurement, Supplier Quality, Engineering, Operations, and business stakeholders to maintain one consistent Philips position.
  • Identify financial, operational, regulatory, and continuity risks and establish mitigation and contingency plans.
  • Encourage suppliers to contribute design-to-cost, Lean, total-cost, and innovation opportunities.
  • Work with Personal Health procurement and business stakeholders to convert product, technology, capacity, localization, and cost needs into a clear supplier search brief and selection criteria.
  • Map and research the Korean supplier ecosystem, including contract manufacturers, component suppliers, and technology partners relevant to Personal Health products.
  • Build a qualified longlist and shortlist using market research, industry networks, trade shows, supplier databases, and referrals from category and technical experts.
  • Lead market engagement, confidentiality arrangements, requests for information, capability screening, and the commercial workstream through supplier selection.
  • Coordinate commercial, technical, quality, sustainability, regulatory, and financial assessments with relevant subject-matter experts.
  • Evaluate supplier readiness, strategic fit, willingness to invest, scalability, cost competitiveness, localization potential, and business continuity risk.
  • Maintain a transparent scouting pipeline, document inclusion and exclusion rationale, and prepare sourcing recommendations for decision boards.
  • Lead the procurement contribution through qualification, contracting, onboarding, and early supplier development while maintaining clear ownership across Procurement, Supplier Quality, and Engineering.

Desired Qualifications

  • A mechanical or other technical engineering background is preferred.
  • Knowledge of regulated industries such as MedTech, healthcare, life sciences, or high-tech manufacturing is preferred.
  • Consumer products experience is an advantage for the Personal Health scope.
  • Lean, Six Sigma, project management, or design-to-cost certification is beneficial.

About the Company

Philips

Makes medical devices and personal health products

Philips makes medical equipment and software for hospitals and care providers, along with personal health products for consumers. Its hospital portfolio spans MRI and CT scanners, ultrasound, image-guided treatment systems and patient monitors, while Sonicare and Avent cover oral health and baby care. Clinical software connects medical images and patient data across care teams, and the company earns revenue from equipment, software, maintenance and consumer product sales. It works with health systems through long-term technology and service partnerships, including solutions for care at home. Founded in 1891, Philips is headquartered in Amsterdam, the Netherlands.

Company size
10,001+
Company stage
Acquired
Total funding
$164.7M
Headquarters
Andover, MN
Founded
1891

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