Procurement Analyst

United States·Huntsvillemid

Procurement AnalystProcurement & Purchasing

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Overview

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',

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Procurement AnalystProcurement & Purchasing

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.

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.

What We Offer

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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

Sponsorship is not available for this position.

Responsibilities

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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.

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

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.

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.

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

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Recruiting Range

$73,000—$78,000 USD

What We Offer

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✓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.