- Analyze local market and industry specific trends to provide market intelligence used by the sales team to target new and existing customers as well as prepare them for issues customers may have.
- Using the selling price negotiated in S&OP meetings, provide selling price range based on customer needs, volume, and sales plan targets.
- Determine price position for each product and market by performing market research for similar product/industries, providing competitive benefit/feature analysis of products by market/industry and provide information to marketing teams for each business unit (local and at HQ).
- Collaborate with Sales team members to obtain key account information used to establish key performance indicators (KPI's) to track pricing strategies, market share, competitive trends within the market, as well as other data used by Sales to support market expansion and achieve business goals
- Prepare progress and month-end close summary reports that provide region business unit performance vs sales plan, individual performance vs plan goals and other performance measures.
- Collect and prepare basic data to analyze the cost structure and market position of products in the region to determine the profitability of products to provide data driven recommendations for retention or withdrawal from specific markets.
- Prepare information derived from regionals sales plans, demand volume, negotiated pricing by business unit and product to be used for Global S&OP meetings and discussions).
- Collaborate with team members and research market trends to acquire information used to make data-driven recommendations to set volume and base selling prices that will optimize profits.)
- Analyze the cost structure and profitability of products within market segments to develop and implement strategies aligned with business goals to achieve/exceed profit plans.
- Analyze data from a sales and/or production lens to identify cost improvements and make recommendations on withdrawal or retention of products.
- 5+ years of experience in Commercial Marketing with demonstrated success in analyzing sales plans and developing pricing strategies to enhance performance.
- Experience working within a large Chemical corporation providing market data analysis to support chemical/polymer product sales.
- Strong written and verbal communication skills; strong attention to detail and highly organized.
- Excellent time management skills – able to handle multiple projects.
- Bilingual Korean/English is a plus
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Description
Job Description
Job DescriptionAbout the LG Chem Family of Companies
With 50,000 patents, 20,000 employees and 58 locations worldwide, LG Chem is one of the largest sciences and chemical companies in the world. With its rapid growth, LG Chem endeavors to become a 'Global Top 5 Chemical Company' with a balanced business portfolio that has a competitive advantage across the globe, including business divisions in petrochemicals, advanced materials, life sciences, and a subsidiary specializing in batteries.
LG Chem is a leading chemical company in Korea that has continuously achieved growth through relentless challenges and innovation since its establishment in 1947. From the infrangible facial cream lid to the world's most advanced batteries, LG Chem has turned dreams into reality and enriched our lives for 70 years. Building upon a balanced and globally competitive business portfolio, LG Chem manufactures a wide range of products from high-value added petrochemicals to renewable plastics, specializing in cutting-edge electronic and battery materials such as cathodes, as well as drugs and vaccines to deliver differentiated solutions for its customers.
Beyond a chemical company, LG Chem will become a leading science-oriented corporation that creates value for our customers and is committed to reaching carbon-neutral growth by 2030 and net-zero emissions by 2050 by managing the impacts of climate change and making positive contributions to society through renewable energy and responsible supply chains.
LG Chem America, Inc. ("LGCAI") is actively searching for an experienced Commercial Marketing Assistant Manager to join our growing Commercial Marketing Team in Cerritos, CA. We are actively searching for an individual to establish, guide, and analyze regional sales plans and product strategies to enhance performance such as sales and profitability in the assigned region and secure overall commercial competitiveness. This role reports directly to the Commercial Marketing Team Manager and will work closely with the Sales and Marketing to provide guidance for product pricing, analyze sales volume and other KPI's to provide feedback on plan performance, and make recommendations on the product portfolio to assist leadership with continuing or withdrawing products. This is an individual contributor role and is part of a broader team both here in the United States and Korea. This position is based in Cerritos, CA.
ESSENTIAL FUNCTIONS
Provide Sales / Pricing Guide
Monthly Closing / Performance Management
Regional S&OP Management
[Product Management] Product Portfolio Management
Minimum Qualifications/What We Need to See
Education. Bachelor OR Advanced degree in Finance, Sales, Marketing or other Business-related degrees.
Skills and Expertise.
