What are the responsibilities and job description for the Parts & Accessory Product Manager position at LG Electronics USA?
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 Parts and Accessories Product Manager is responsible for evaluating business opportunities and defining the product portfolio for parts and accessories within the major appliance and consumer electronics categories. This role works closely with Product Development to bring new products to market and is actively involved in all stages of the product lifecycle-from concept through launch and ongoing optimization.
The Product Manager develops sales-driven business plans, establishes pricing strategies, and ensures portfolio competitiveness and profitability. This position also coordinates cross-functional communication and collaboration with key stakeholders across Sales, Marketing, R&D, Quality, and Supply Chain Management to drive successful product execution and market performance.
Responsibilities:
- Conduct market research to identify new business opportunities and develop effective pricing strategies.
- Lead and administer all supplier-related activities; collaborate with R&D and manufacturing to support the successful launch of new parts and accessories (P&A).
- Drive new product introductions (NPI) for parts and accessories in the U.S. market.
- Forecast lifecycle demand for P&A products and support inventory and supply planning.
- Assist in the planning and execution of promotional marketing initiatives.
- Manage pricing strategy, including MSRP, RRP, and invoice pricing.
- Prepare and analyze sales reports (daily, weekly, and monthly) to track performance and identify trends.
- Oversee Amazon 3P (FBA) operations, including listing optimization, content management, and sales performance monitoring.
- Develop and execute sales strategies to expand the installation parts business across the U.S. market.
Education / Experience:
- Bachelor's degree or equivalent in Business, Supply Chain, Marketing, Engineering, or a related field.
- Minimum of 5 years of relevant experience in category management, product management, operations, or supply chain management (preferred).
- Proven ability to manage and drive multiple projects simultaneously while collaborating with cross-functional stakeholders.
- Strong analytical and quantitative skills, including experience with statistical analysis and data interpretation.
- Demonstrated problem-solving and critical-thinking abilities, with a proactive and positive approach.
- Excellent interpersonal skills, with the ability to navigate sensitive issues, ambiguity, and changing priorities.
- Advanced proficiency in Microsoft Office applications, particularly Excel and PowerPoint.
- Experience with data visualization tools such as Power BI, Tableau, or Google Looker Studio (preferred).
- Familiarity with ERP systems; experience with SAP BusinessObjects Web Intelligence is a plus.
- Bilingual proficiency in English and Korean is a plus.
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 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 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 orsupport@lg4me.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.
LG Electronics, USA Inc., LG Mobile Research USA LLC, LG Electronics, Alabama, Inc., LGEVU and Zenith Electronics LLC provides 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. Further, the Company takes affirmative action to ensure that applicants are employed and employees are treated during employment without regard to any of these characteristics.