LG Electronics

Senior Logistics Cost Management Manager (Bilingual English/Korean)

LG Electronics$140K — $170K *
Transportation
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Industrial Engineering or Supply Chain Management/Logistics with 8+ years of relevant experience
  • Bilingual in English and Korean
  • Extensive knowledge of warehouse and distribution management
  • Proficient in network design and capacity planning
  • Strong analytical skills with expertise in Excel, PowerPoint, and reporting
  • Deep understanding of warehouse operations and 3PL industry dynamics
  • Six Sigma Black Belt & PPM certification is a plus

Responsibilities

  • Optimize logistics network in collaboration with business units
  • Develop and manage KPIs for logistics cost efficiency
  • Monitor and control logistics costs across various parameters
  • Manage relationships with 3PL providers to ensure quality service
  • Design strategies for logistics projects and distribution tasks
  • Set KPI targets and generate cost-saving initiatives
  • Oversee logistics operation systems and optimize costs through strategic management

Benefits

  • No-cost medical, dental, vision, and prescription benefits for employees and dependents
  • Immediate vesting in a 401(k) plan with competitive company matching contributions
  • Generous Paid Time Off including holidays and combined sick/vacation time
  • Performance-based short-term incentives according to the role
  • Confidential mental health resources and fitness incentives
  • Family-oriented benefits including paid parental leave
  • Group life and disability insurance
Full Job Description
Responsibilities Primary focus of this role is to continuously strive for improvements through network optimization, KPI development/management, budget/cost control, 3PL management, and logistics optimization projects to deliver quality products to our customers on time at competitive logistics cost. Position will be working in the corporate environment (some travels to warehouses for improvement projects & 3PL management).
  • Network Optimization - Work with Biz unit to understand changes/volume/initiatives to develop optimal network to support logistics
  • KPI Development - Develop KPI to monitor/manage overall logistics cost as well as the safety, quality, delivery, and inventory
  • Cost Management - Closely monitor and manage cost associated with each parts of logistics (inbound/warehouse/supplies/equipment/warehouse lease/etc.,)
  • 3PL Management - Stay on top of operation status as well as contracted scope of work/KPI to ensure 3PLs deliver quality service to meet customer needs
  • Develope strategy and propose solutions on various distribution tasks and logistics projects
  • Set KPI Targets, suggest Cost Savings/Optimization Ideas, and develope 3PL Management Tools
  • Fully understand Distribution/Inbound Operation as well as systems (TMS/WMS/ERP/YMS) and develop strategy on how to effectively manage operation, 3PL, and logistics cost
  • KPI Development, Multi DC Network Strategy, Capacity Planning, DC Level Forecast, 3PL Management Strategy and Tools
  • Opertional readiness/3PL Mgmt that will impact sales, forecast accuracy, Optimization/Cost Savings initiatives based on ROI/Lead Time
  • Support/Impacts Sales from each warehouse in US, Impacts Forecast/Inventory Balancing as well as Logistics costs & bottom line costs for all products
  • Warehouse Capacity Planning, Improve on time shipping, on time delivery, reduce returns, improve quality, reduce logistics cost through multiple projects Will cover all shipments going to customers in 50 states
  • Network change suggestions, distribution optimization, strategic planning and control based on market surveys, labor market, and logistic cost, etc.
  • Storage/Operations by Product, Compliance/Routing Guide by Customer, Picking/Storage Strategy as well as how to contract and manage 3PL/Operation
  • Communicate operational strategy with key stakeholders in SCM & Biz Units & HQ
  • Communicate operation status & KPI/Cost review, system changes/enhancements, and IT hardware setup with with all warehouses and FNS/Pantos/CNS partners
  • Bidding & negotiation for contracts & terms for warehouse 3PL, warehouse lease, forklift, pallet, and accessorial charges
  • Coach and develop junior team members on warehousing & distribution
Qualifications:
  • Bachelors degree in Industrial Engineering or SCM/Logistics with 8+ years of experience in Distribution/Operation & 3PL/KPI management
  • Bilingual in English and Korean
  • Extensive knowledge of the warehouse and distribution management
  • Knowledge of both warehouse network design and capacity planning
  • Strong analytics skills and extensive experiences are required accompanies with Excel, Powerpoint and reporting skillsets are required
  • Extensive depth of knowledge of the warehouse operation and 3PL industry is required
  • Six Sigma Black Belt & PPM is a plus
#LI-DR1 Recruiting Range $140,000-$170,000 USD 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.

About LG Electronics

LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of the LG Corporation, the fourth-largest chaebol in South Korea, and its global sales reached US$55.91 billion in 2014. It comprises four business units: Home Entertainment, Mobile Communications, Home Appliances & Air Solutions and Vehicle Components, with Starion India as its main production vendor for refrigeration and washing machines in the Indian sub-continent. LG Electronics acquired Zenith in 1995 and controls 37.9 percent of LG Display as of 2013. Since 2008, LG Electronics remains the world's fourth-largest LCD television manufacturer. The company has 128 operations worldwide, employing 83,000 people.
Learn more about LG Electronics

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