Procurement Analyst

LG Electronics • Huntsville, AL

22h • Onsite

About The Position

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.

Requirements

• 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

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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level