Parts Life cycle manager

About the role

Job Title

Your role

• Own the end-to-end life cycle of MR service parts for North America, including introduction, demand/availability monitoring, inventory optimization, repair strategy, end-of-life planning, and obsolescence management, ensuring high service availability while controlling inventory and operational cost.
• Partner closely with the MR Magnet Factory to manage and continuously improve Magnet Repair, Magnet Exchange, and inventory processes, establishing clear workflows, ownership, turnaround-time expectations, and escalation mechanisms between factory, supply chain, and service teams.
• Drive magnet inventory and exchange-pool optimization, balancing customer/service availability with working-capital objectives through demand analysis, installed-base requirements, repair turnaround time, safety-stock levels, and reusable/repairable asset management.
• Lead cross-functional operational improvements involving Service, Supply Chain, Factory, Engineering, Quality, Logistics, and Procurement. With this cross functional stakeholder management, Manage the KPIs such as service-part availability, inventory value, repair turnaround time, exchange-pool utilization, overdue returns, scrap/recovery rate, shortages/backorders, and inventory health, translating performance gaps into concrete corrective actions.
• Manage repair and reverse-logistics performance for magnets and other high-value MR parts, including failed-part returns, repair-versus-replace decisions, exchange transactions, repair status visibility, supplier/factory coordination, and recovery of reusable assets.

You're the right fit if

• You've acquired 2+ years of experience with Bachelor's
• You have a Bachelor's in Supply Chain Management, Operations Management, Business Administration, Engineering, Data/Information Systems or a related field
• 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 Office role.

Philips Transparency Details

The pay range for this position in Ny is $90,000 to $143,000 Annually.

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 NY.

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.