Global Parts Lifecycle Manager-Spare Parts
Philips•8h ago
PuneHybridFull-timeSenior Level10+ yrs exp
- Job Title Global Parts Lifecycle Manager-Spare Parts Job Description Global Parts Lifecycle Manager-Spare Parts We are seeking a collaborative, purpose-driven professional to join our team as a Global Parts Lifecycle Manager – Spare Parts . In this strategic role, you will own and drive end-to-end spare parts lifecycle management across the global Service Parts Supply Chain, ensuring optimal parts availability to maximize customer uptime, service continuity, and operational excellence. You will play a critical role in balancing customer satisfaction, inventory optimization, lifecycle risk management, and financial performance by partnering closely with Business Units, R&D, Supply Chain, Service Parts Supply (SPS), Finance, and other key stakeholders. This position offers the opportunity to influence global supply chain strategy, drive continuous improvement, and deliver measurable business impact through effective lifecycle and inventory management. Your role: Spare Parts Lifecycle Management Lead the introduction, lifecycle monitoring, and phase-out management of spare parts within PDLM and MLD processes. Develop and execute end-to-end Last Time Buy (LTB) strategies, including demand assessment, stakeholder alignment, business case development, leadership approval, and implementation. Drive lifecycle planning decisions to ensure long-term serviceability while balancing inventory investments, supply continuity, and obsolescence risks. Align service strategies and lifecycle plans with Business Unit, SPS, and R&D roadmaps. Inventory Optimization & Supply Continuity Monitor inventory health and performance across the spare parts portfolio, identifying excess, aged, obsolete, and scrap inventory opportunities. Define and implement actions to optimize inventory levels while maintaining targeted service performance and customer commitments. Lead annual warehouse footprint optimization initiatives to improve operational efficiency and reduce storage costs. Monitor and manage critical FRU portfolios, safety stock policies, and non-moving inventory, driving investment and disposition decisions where required. Regularly review critical part classifications and ensure alignment with business and service requirements. Financial Planning & AOP Management Own spare parts inventory planning inputs for the Annual Operating Plan (AOP), ensuring alignment with lifecycle strategies, service requirements, and business objectives. Monitor inventory performance against AOP targets and proactively identify risks and opportunities related to inventory investment, reserves, obsolescence, and working capital. Partner with SPS and Business Unit Finance teams to develop inventory forecasts, reserve strategies, and financial scenarios supporting business objectives. Drive lifecycle-based recommendations that optimize inventory investments while balancing service levels, supply continuity, and profitability. Operational Excellence & Governance Act as the primary Business Unit interface and Subject Matter Expert for SPS processes, ensuring effective deployment and continuous improvement. Participate actively in SPS governance forums, workshops, and decision-making meetings. Drive master data quality improvements, including End-of-Life (EOL) dates, lifecycle attributes, and service strategy alignment. Support and guide recovery activities (C-Batch management) in collaboration with CLS and cross-functional stakeholders. Support strategic spare parts and service supply chain projects within the Business Unit and SPS organization. Repair & Regulatory Management Monitor repairable parts portfolios to ensure repair programs remain economically viable and aligned with service requirements. Drive decisions regarding repair versus replacement strategies through data-driven analysis. Ensure compliance with relevant regulations and market-specific requirements, including China New Spare Part Certification (NPSC) and other applicable regulatory standards. Continuous Improvement & Innovation Challenge the status quo and drive continuous improvement initiatives across spare parts lifecycle and supply chain processes. Leverage analytics, digital solutions, and emerging technologies to improve decision-making, operational efficiency, and supply continuity. Foster a culture of accountability, proactive problem-solving, and innovation. You are the right fit: Bachelor’s or Master’s degree in Supply Chain Management, Operations, Engineering, Business Administration, Economics, or a related field. 10+ years of experience in Supply Chain Management, Service Operations, Logistics, Product Lifecycle Management, or related functions. Proven experience in spare parts lifecycle management, inventory planning, and service supply chain operations. Strong understanding of supply chain planning, lifecycle management, reverse logistics, and circular economy principles. Knowledge of global import/export regulations and supply chain compliance requirements. Experience working within regulated industries, preferably Medical Devices or Healthcare. Strong expertise in SAP (mandatory)
- experience with ServiceMax, Lean, Six Sigma, or similar methodologies is an advantage. Solid understanding of logistics operations, medical device service requirements, and spare parts management. Basic understanding of finance, inventory accounting, reserve management, and controlling processes. Strong analytical skills with the ability to translate complex data into actionable business decisions. Demonstrated ability to lead cross-functional initiatives and influence stakeholders across global organizations. Strong communication, collaboration, and stakeholder management skills. Passion for digitalization, automation, and deploying innovative technologies to enhance supply chain performance. Ownership mindset with a proactive, results-oriented approach and commitment to continuous learning. Key Success Measures Service Parts Fill Rate Performance Spare Parts Availability & Customer Uptime Inventory Health & Optimization Working Capital Performance AOP Inventory and Reserve Target Achievement Obsolescence and Scrap Reduction Warehouse Space Optimization Lifecycle Management Compliance Cost Savings and Business Impact Cross-functional Stakeholder Satisfaction Continuous Improvement and Digitalization Outcomes 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 role is an office-based 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 the lives of others.
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- Learn more about our purpose . If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here . #LI-PHILIN
Required skills
Supply Chain ManagementInventory PlanningSAPServiceMaxLeanSix Sigma