Principal, Instock Management (Home Instock 1)[L6]
Coupang Internal
Required skills
About the role
Translated into English from Korean by Korum. The employer's original wording is on their site.
This posting is exclusively for current employees. (Employee referrals are submitted via the Link)
This posting is exclusively for internal employees. (Employee referrals are submitted via the Link)
When applying, you must complete the attached ‘Internal Transfer Application Form’ and submit it using your Coupang email account.
To apply, please complete the attached ‘Internal Transfer Request Form’ and submit it via your Coupang email address.
- Internal transfer policy: [Link]
- Internal Transfer Policy: [Link]
About the Company
Coupang exists to deliver customer delight. When customers say "How did we ever live without Coupang?" we know we are fulfilling our mission. With the single-minded goal of making customers' shopping, dining and daily lives easier, Coupang is leading innovation across the commerce industry, which is worth hundreds of millions of dollars. As one of the fastest-growing retail companies, Coupang has built a unique position in the domestic commerce industry and earned customer trust.
We pride ourselves on being a large global listed company grounded in startup culture. This is what keeps the agility of our founding days, and is the growth engine behind our continuous launch of new services and business expansion. Every Coupang employee is given the opportunity to adopt an entrepreneurial spirit and drive new innovations and initiatives. Boldly diving into work with a determination to achieve results, is the essence of how Coupang works. At Coupang, you will see yourself, your colleagues, your team and the whole company growing every day.
All Coupang employees are truly committed to Coupang's mission of building the future of commerce. We solve customers' problems, and push beyond what seemed possible by challenging conventional thinking and received wisdom. If you want an amazing work experience in a high-availability (Always-on) and cutting-edge, advanced technology (High-tech), hyper-connected world (Hyper-connected world), join Coupang today.
TeamIntroduction
The Instock Team is the core organisation that maximises product availability and manages inventory efficiency in Coupang's direct purchasing business.
This position forecasts demand for key brand products in the Home category, calculates appropriate order volumes to prevent stock-outs (Out of Stock) while minimising excess inventory. It also works closely with partner companies to build long-term volume securing strategies, supports stable supply chain operations, and, through data-driven decision-making, provides customers with stable product availability and contributes to business growth and improved operational efficiency.
Responsibilities
- Calculate appropriate order volumes and manage inventory based on demand forecasts by product
- Manage inventory levels by FC to minimise stock-outs (Out of Stock) and excess inventory
- Manage suppliers' delivery fulfilment rates and collaborate to secure stable volumes
- Negotiate volumes with key brands and establish and manage long-term advance order plans
- Establish inventory strategies considering seasonality, promotions and new product launches
- Collaborate with BM and related departments to determine purchasing plans and appropriate operating volumes
Requirements
- Holder of a bachelor's degree or higher
- More than 10 years of experience in inventory management, demand forecasting, SCM, merchandising (MD) or related fields
- Experience in direct-purchase product operations or inventory management
- Experience in supplier management and collaboration
- Able to analyse problems using data and derive improvement proposals
- Able to set priorities and execute in a fast-changing business environment
- Strong communication and collaboration skills with related departments
PreferredQualifications
- Experience in inventory management at online or offline retailers with direct purchasing, or at manufacturers
- Experience in demand forecasting and inventory optimisation
- Experience in establishing inventory operation and purchasing strategies considering seasonality
- Data analysis skills using Excel
- Experience in data extraction and analysis using SQL
Selection Process and Notices
Selection process
• Document screening - Job fit interview - Core competency interview - Final acceptance
• The selection process may differ by job and may change depending on schedule and circumstances.
• Selection schedule and results will be notified individually to the email address registered on your application.
Notes
• This posting may close early once recruitment is complete.
• If there is any false information in the application, acceptance may be cancelled.
• Protected employment candidates (veterans, persons with disabilities, etc.) may receive preferential treatment in accordance with relevant laws.
• Job level and scope of responsibilities may be changed considering the candidate's overall career and experience. If such changes are needed, we will communicate with the candidate at an appropriate time before the final acceptance notice.
• Recruitment may be restricted if legally required qualifications for recruitment or job performance are not met.
• This is a permanent position including a 12-week probationary period. However, where necessary for business, the probationary period may be not applied, or shortened or extended.
Personal information policy
• The Coupang Group collects and processes your personal information in accordance with the Applicant Personal Information Processing Policy (link below). https://www.coupang.jobs/kr/privacy-policy/
Document return policy
• This notice is given pursuant to Article 11(6) of the Act on Fair Hiring Procedures.
• Applicants who are not finally accepted may request the return of recruitment documents submitted, in accordance with the Act on Fair Hiring Procedures. However, this does not apply to documents submitted via website or email or voluntarily submitted without our request, and if recruitment documents are lost due to natural disaster or other reasons not attributable to us, they are deemed returned.
• Applicants requesting return under paragraph 2 above must complete the recruitment document return request form [Annex Form No. 3 of the Enforcement Rules of the Act on Fair Hiring Procedures] and submit it by email ([contact details removed]); upon confirmation of submission, documents will be sent by registered mail to the designated address within 14 days. In this case, registered postage is payable by the recipient, so please note this.
• To prepare for return requests under paragraph 2, we will keep original recruitment documents for 180 days from the date recruitment is confirmed; if no return is requested by then, all documents will be destroyed without delay in accordance with the Personal Information Protection Act.
• However, paragraphs 1 to 4 above apply only where Korean labour laws apply. They do not apply otherwise.
You must complete the attached ‘Internal Application Form’ and submit it.
Please complete the attached Internal Transfer Request Form and submit.
You must apply with your Coupang email account.
Please make sure to apply with your Coupang e-mail address.
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