About this Procurement Specialist, Mechanical Parts role at LG Electronics
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.
LGEUS IPO (International Procurement Office) Team is looking for a Procurement Specialist to help LGE HQ procurement activities with suppliers in US and Mexico. This person will lead sourcing new suppliers of mainly mechanical parts, Injection molding, Press/Sheet Metal, Raw materials, in terms of Quality, Cost, Delivery, and new cutting-edge technology for LGE current and future products.
This role will be based in Farmers Branch, TX, working onsite 5 days a week.
The Procurement Specialist will assist the team lead to achieve the team goals and will find Local suppliers for US and Mexico Production site.
The team is looking for a candidate who is proactive, eager to learn, enjoys traveling to meet suppliers, and is relentless to achieve the goals.
RESPONSIBILITIES:
- Lead the sourcing of new local suppliers of Mechanical Parts, Raw Materials, in terms of Quality, Cost, Delivery competitiveness
- Develop sourcing strategies to expand the sources of new suppliers for LGE’s production site in US and Mexico
- Develop and release RFQs to new suppliers, reviews price quotes, and deliver samples to HQ.
- Monitor and analyze procurement strategies within North American market. Benchmark pricing, sourcing locations, and supply chain structures to identify opportunities for optimization.
- Act as the primary point of contact for steel-related suppliers and market trends. Track raw material indices, trade tariffs, and industry shifts that impact mechanical part pricing.
- Introduce new technology companies to LGE HQ for LGE future products.
- Manage and resolve difficult procurement/purchasing issues with suppliers such as deliveries and shortages.
- Support discussions with HQ procurement team to resolve complex Procurement/Purchasing/SCM issues in North America including areas such as price negotiation, supply disruption, new supplier registration etc.
- Provide on-site support to HQ employees traveling to suppliers on business trips.
- Conduct market research, perform detailed analysis and create executive reports on major semi-conductor suppliers, service providers, automotive manufacturers and consumer electronics related to LGE business through various channels including media. Research and reporting areas are industry news and market trends, trading company reports, automotive and consumer electronics latest trends including acquisitions, investments, blackouts, government policies and regulations to impact on LGE.
REQUIREMENTS:
- 0-2 years’ experience working at a mechanical products company or consumer electronics/industrial products company.
- Experience in procurement / purchasing / sourcing of Mechanical components (Injection Molding, Die-Casting, Press/Sheet Metal) or Raw Materials (Steel, Resin) is a plus
- Frequent business trips required to support LGE HQ teams’ business trips to suppliers.
PREFERENCES:
- Bachelor’s degree majoring in mechanical engineering or related field preferred
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.
