Procurement Manager

LG Electronics Inc

Englewood Cliffs, NJ

JOB DETAILS
SKILLS
Business Services, Certified Professional in Supply Management (CPSM), Commercial Real Estate, Contract Negotiation, Cost Control, Diversity, Electronics, Entertainment and Media, Identify Issues, International Business, Legal, Marketing, Negotiation Skills, Philosophy, Prescription Drugs, Procurement Management, Procurement Strategy, Property Management, Purchasing/Procurement, Sales, Vendor/Supplier Management, Vendor/Supplier Selection, Vendor/Supplier Sourcing
LOCATION
Englewood Cliffs, NJ
POSTED
30+ days ago

HIGHLIGHTSOn-SiteFull-TimeRegional Procurement LOCATIONEnglewood Cliffs NJStep 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 Lifes 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 offerA 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 youre encouraged to take a creative and individual approach to challenges with strong emphasis placed on performance and skill and equal merit-based opportunities across the board. We want our colleagues to grow with our global business. Thats why we deliver sure rewards for exceptional performance and offer industry-leading benefits. Come join the teamSummaryThe Procurement Manager PM is responsible for specified Commodities in GP such as Marketing Business Service Property Management HR IT etc. or other designated departments. Within the specified Commodity the PM is responsible for Supplier Management supporting designated stakeholders in supplier selection activities and the award and negotiation of contracts. Works in partnership with the Legal department to reviewapprove final contract language that protects the interests of LG Electronics U.S.A. and its stakeholders. Responsible for achieving cost savings as directed by the Director of NA GP.ResponsibilitiesBuild procurement strategy for assigned commodity which includes Commodity Play Book.Responsible for sourcing and managing suppliers while capturing best in class cost and terms & conditions required for the services needed by stakeholders.Frequently updates status of negotiations with stakeholders and suppliers. Identifies potential issues and provides executable solutions.Negotiations with Suppliers Sales executivesPresidents very common. Must be able to obtain approvals and final signatures from stakeholders and suppliers.Expected to lead negotiations with both internal stakeholders and suppliers of decisions related to GP practices and policies.Requires broad job knowledge of all GP practices. Apply negotiation principles to perform job duties.Responsible for creating an advantageous negotiating position from the beginning. Must understand supplier financial situation and overall economic indicators when negotiating costs for services.Resourceful innovation is necessary to create leverage opportunities while meeting stakeholder requirements.Wide latitude to identify and execute innovative ideas to meet business objectives.Mainly regional responsibility would be expected with possibility to expand the suppliers service globally if possible.Must be able to find negotiation leverage opportunities with every purchasing contract.QualificationsBachelors degree7 years of experience performing contract negotiations as procurement or salesCertified Professional in Supply Management CPSM a plusRecruiting Range115000-125000 USDBenefits Offered Full-Time EmployeesNo-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 401k Retirement Savings Plan with several investmentoptions.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 TemporaryContractors Eligible for the relevant benefit programs offered through our partner agencies.Privacy Notice to California ApplicantsApplicants who need assistance or a reasonable accommodation during the hiring process may contact our team by phone at 973-477-7090 orsupportlg4me.freshdesk.com. This email and phone number will only reply to accommodation requests and is not intended for general employment inquiries.At LG we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race color creed religion gender age sexual orientation national origin disability veteran status or any other characteristic protected by state federal or local law. Consistent with our commitment to providing equal opportunity and embracing diversity LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics.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.

About the Company

L

LG Electronics Inc