Procurement Analyst

Procurement Analyst

Huntsville, AL

Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations. Our diverse portfolio includes Home Appliance Solutions, Media Entertainment Solutions, Vehicle Solutions, and Eco Solutions. Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment. Join us and become a part of a company that is shaping the future of technology. At LG, we strive to make Life Good for Everyone.

What we can offer:

A crafted employee experience designed to foster professional growth, a focus on health & well-being and an internal community that will set you up for success.

We offer an environment that enables colleagues to demonstrate their capabilities, focus on their work and create value. At LG, you're encouraged to take a creative and individual approach to challenges with strong emphasis placed on performance and skilland equal, merit-based opportunities across the board. We want our colleagues to grow with our global business. That's why we deliver sure rewards for exceptional performance and offer industry-leading benefits. Come join the team!

The Opportunity:

Join LGEAI and play a key role in shaping our procurement strategy as a Procurement Analyst II. In this role, you'll manage critical tasks within the General Procurement Process, ensuring efficiency, accuracy, and value across all purchasing activities.

You'll be responsible for analyzing procurement data, ensuring stability of SVC parts pipeline and proposing innovative approaches that can transform current ways of working. The role requires close collaboration with global vendors and prospective suppliers across multiple countries, monitoring market trends and global issue that impact operations, and supporting forecasting and cost analysis to enable data-driven decision-making. Strong cross-functional collaboration will be essential to align product delivery, pricing, and quality expectations, helping to achieve company goals.

The ideal candidate is a proactive, detail-oriented professional with strong analytical, organizational, and communication skills, and a passion for innovation and continuous improvement in procurement operations

Responsibilities:

Vendor and market research:

• Conduct market research to support sourcing and procurement strategies
• Track cost savings initiatives and process-innovation goals
• Understand internal stakeholders' needs and provide procurement solutions
• Coordinate with various internal groups to align expectations.

Risk Management:

• Analyze global economic, geopolitical, and supply chain environments to assess present and future risks and minimize them

Performing metrics analysis and reporting:

• Weekly, monthly and yearly reporting on a variety of metrics and/or projects. Areas include process innovation and cost saving on savings, status of procurement requests and issues.

Interdepartmental support:

• Working with various groups within the company (Accounting, Quality and Engineering, Customer Service, Field Support, Tech Support, etc.) and provide informative and correct analysis of commodity markets, technology, and trends upon request.
• Working with the Legal Team to create contracts with vendors that minimize risks.

Education / Experience:

• Bachelor's degree required; data-related or analytical fields strongly preferred
• Minimum of 3 years of experience in purchasing, procurement, project management preferred
• Proficiency in MS Office, especially Excel (advanced level) and Power Point
• Proven hands-on experience with data analysis tools, including Python, SQL, and/or equivalent data analytics platforms, with a demonstrated ability to automate reporting, analyze large datasets, and drive data-based proposal
• Excellent written, verbal and interpersonal communication skills
• Able to work successfully in a fast-paced, and rapidly changing, environment
• Ability to travel up to 10% if required

Recruiting Range

$73,000 - $78,000 USD

Benefits Offered Full-Time Employees:

• No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits.
• Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options.
• Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time.
• Performance based Short-Term Incentives (varies by role).
• Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.
• Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities.
• Group Rate Life and Disability Insurance.

Benefits Offered Temporary/Contractors:

• Eligible for the relevant benefit programs offered through our partner agencies.

Privacy Notice to California Applicants

Applicants who need assistance or a reasonable accommodation during the hiring process may contact our team by phone at: 973-477-7090 or support@lg4me.freshdesk.com. This email and phone number will only reply to accommodation requests and is not intended for general employment inquiries.

All qualified applicants will be considered for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.

In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies where applicable, the salary range listed may not reflect all geographic differentials applied.