Strategic Sourcing Manager
Confirmed live in the last 24 hours
LG Electronics
Job Description
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 skill—and 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:
The Strategic Sourcing Manager will evaluate local business opportunities to expand the parts and accessories portfolio through strategic outsourcing and third-party partnerships. This position focuses on identifying US-based vendors to fill product gaps, ensuring a full line-up for major appliances and consumer electronics. The role is responsible for the end-to-end vendor lifecycle—from discovery and contract negotiation to supply stability—acting as the primary interface between external suppliers and internal stakeholders in Sales, Marketing, and SCM.
Responsibilities:
- Strategic Vendor Discovery: Conduct market research to identify new local outsourcing opportunities and alternative suppliers to complete the product line-up.
- Sourcing & Contract Management: Lead all supplier-associated activities, including RFPs, RFQs, and contract negotiations to secure favorable pricing and terms.
- Local Portfolio Development: Source and introduce third-party parts and accessories to the US market, ensuring they meet LG’s quality and brand standards.
- Pricing & Cost Management: Establish procurement pricing strategies and manage vendor-side costs (Invoicing, RRP, and MSRP alignment) to ensure project profitability.
- Supplier Lifecycle & Compliance: Manage the entire supplier lifecycle, including performance monitoring, quality compliance, and risk mitigation for local vendors.
- Operations & SCM Coordination: Coordinate with SCM and Sales teams to forecast demand for outsourced goods and ensure consistent inventory levels.
Education / Experience:
- Education: Bachelor’s degree or equivalent in Supply Chain Management, Business Administration, or a related field.
- Experience: 5+ years of relevant experience in strategic sourcing, vendor management, or procurement (experience in appliance/electronics parts preferred).
- Negotiation Skills: Strong capability to lead complex negotiations with external vendors and manage contract lifecycles.
- Stakeholder Management: Ability to drive multiple sourcing projects simultaneously by coordinating with internal Sales, Marketing, and Quality teams.
- Data Analysis: Excellent data-analysis skills with a strong knowledge of quantitative data interpretation for cost and pricing analysis.
- Problem-Solving: Proactive critical thinking and a positive attitude toward resolving supply chain bottlenecks or vendor issues.
- Technical P
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