Philips · 20 hours ago
Federal Procurement & Supply Chain Manager (Washington DC)
Philips is a health technology company dedicated to improving healthcare access for all. The Federal Procurement & Supply Chain Manager will oversee the contract lifecycle, ensuring compliance and effective procurement strategies while collaborating with cross-functional teams and vendors.
B2BConsumer ElectronicsElectronicsLightingWellness
Responsibilities
Manage the entire contract lifecycle, including drafting, negotiating, and executing agreements with vendors, suppliers and subcontractors (hereinafter “3rd Parties”). Conduct thorough market research to identify potential 3rd Parties, assess their capabilities, and ensure due diligence in accordance with company policy. Support 3rd Party cost management activities by initiating purchase requests and purchase orders, monitoring invoicing and payments, and preparing supporting documentation for accruals. Review 3rd Party invoices for accuracy, timeliness, and completeness, and work with the Purchasing Department to ensure subcontractor funding remains current and aligned with the prime contract
Review and analyze contract terms to identify risks, discrepancies, and opportunities for cost savings or process improvements. Monitor contract performance and compliance to ensure all parties meet their obligations, and maintain accurate, up‑to‑date contract records, including changes, renewals, and amendments. Resolve contractual disputes or issues by collaborating with stakeholders to reach mutually beneficial solutions
Collaborate with legal, finance, and operations teams to develop procurement strategies and ensure all activities comply with company policies and procedures. Stay informed on industry trends, regulations, and best practices in procurement and contract management, identifying opportunities for improvement and implementing updates as needed
Qualification
Required
5+ years' experience with a Bachelor's Degree or 3+ years' experience with a Master's in areas such as Procurement, Supply Chain Management or equivalent
Proven experience as a procurement manager (or in a similar role), preferably in a procurement or supply chain management function
In-depth knowledge of federal procurement processes, best practices, and regulations
Understanding of procurement requirements for both grants and contracts
Familiarity with government contracting and compliance requirements, including TAA and BAA
Proficiency in procurement tools, contract management software, and Microsoft Office Suite
Strong understanding of procurement principles, contract law, and contract management
Solid grasp of legal and commercial terms used in contracts
Excellent negotiation and communication skills that support effective collaboration with vendors, suppliers, and internal stakeholders
Proficiency in contract drafting and negotiation techniques
Ability to manage multiple projects, prioritize tasks, and meet deadlines in a fast-paced environment
Bachelor's/ Master's Degree in Business Administration, Supply Chain Management, Procurement Operations or equivalent
Ability to successfully perform the minimum Physical, Cognitive and Environmental job requirements with or without accommodation
Preferred
Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Commercial Contracts Manager (CCCM)
Benefits
Generous PTO
401k (up to 7% match)
HSA (with company contribution)
Stock purchase plan
Education reimbursement
Company
Philips
Philips is a technology company that operates in various fields, including healthcare, consumer electronics, lighting, and home appliances.
Funding
Current Stage
Public CompanyTotal Funding
$4.23BKey Investors
EXOR N.V.Bill & Melinda Gates FoundationInnovative Health Initiative
2025-03-19Post Ipo Equity
2024-05-23Post Ipo Debt· $756.82M
2023-11-07Grant· $44.6M
Recent News
2026-01-06
2025-12-19
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