Philips

Compensation

Full Description

Job Title Market Procurement Manager (Nashville, TN) Job Description As a Market Procurement Manager, you will lead the development and execution of advanced category strategies that deliver competitive advantages and align with broader business objectives. You will manage a strategic supplier portfolio exceeding $35M, driving procurement excellence and operational efficiency. Your role: • Strategic Leadership: Shape and implement advanced category strategies that support business goals and deliver measurable competitive advantages. • Procurement Execution: Oversee end-to-end procurement processes including RFx activities, contract negotiations, and supplier performance management to ensure cost-effective, high-quality outcomes. • Data-Driven Optimization: Leverage analytics and market intelligence to launch strategic initiatives that reduce Total Cost of Ownership (TCO), enhance profitability, and streamline operations. • Supplier Governance: Define and monitor supplier performance metrics, enforce corrective actions, and ensure compliance with quality standards and evolving technologies. • Market Insight & Collaboration: Analyze market trends to identify sourcing opportunities, collaborate cross-functionally to unlock business value, and negotiate favorable contracts that support strategic priorities. You're the right fit if: • You hold a bachelor's/ master's degree in business, Procurement, Supply Chain Management or related field. • You have +5 years of experience with Bachelor's OR +3 years of experience with Master's in areas such as Category Management, Market Analysis, Supplier Negotiations, and Portfolio Optimization. • Your skills include understanding of category management, supplier performance management and strategic sourcing. • 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 is an in 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 of 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 Nashville, TN from $ 114,000.00 anually to $ 182,400.00 anually. 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 Nashville, TN #LI-PH1 #LI-OFFICE 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.