Inventory Planning Manager (Retail/Home)
Coupang
Required skills
About the role
Translated into English from Korean by Korum. The employer's original wording is on their site.
Company introduction
Coupang exists to deliver customer delight. When customers say, "How did we live without Coupang before?" we know we are fulfilling our mission. With the sole determination to make our customers' shopping and meals, and their daily lives in general, more convenient, Coupang is leading innovation across the multi-billion-dollar commerce industry. As one of the fastest-growing retail companies, we have built a unique position in the domestic commerce industry, and customer trust.
We pride ourselves on being a global large listed company built on a startup culture. This is our growth engine, which keeps the agility of our founding days, and continuously expands our business by launching new services. Every Coupang employee has the opportunity to show entrepreneurship and drive new innovations and initiatives. The boldness to dive into work without hesitation and achieve results, is the essence of how Coupang works. At Coupang, you will witness yourself, your colleagues, your team and the whole company growing every day.
Every Coupang employee is committed to the mission of shaping the future of commerce. We solve customer problems, challenge conventional ideas and norms, and go beyond what is considered feasible. If you want an amazing work experience in an Always-on, High-tech and Hyper-connected world, join Coupang now.
Teamintroduction
The Instock Team is the core organisation at Coupang's direct-purchase business that maximises product availability and manages inventory efficiency.
This position predicts demand for key brand products in the Home category and calculates appropriate order quantities to prevent out-of-stock situations (Out of Stock) while minimising excess stock. It also works closely with partner companies to establish 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.
Job responsibilities
- Calculate appropriate order quantities and manage inventory based on demand forecasts by product
- Manage inventory levels by FC to minimise out-of-stock (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 run long-term advance purchase plans
- Establish inventory strategies considering seasonality, promotions and new product launches
- Collaborate with BM and related departments to decide purchase plans and appropriate operating volumes
Requirements
- Holding a bachelor's degree or higher
- More than 10 years of experience in inventory management, demand forecasting, SCM, merchandising or related fields
- Experience operating direct-purchase products or managing inventory
- Experience managing and collaborating with suppliers
- Ability to analyse problems using data and derive improvement proposals
- Ability to set priorities and execute in a rapidly changing business environment
- Strong communication and collaboration skills with related departments
Preferred qualifications
- Experience managing inventory in direct-purchase roles at online or offline retailers, or inventory management at a manufacturer
- Experience in demand forecasting and inventory optimisation
- Experience establishing inventory operation and purchasing strategies considering seasonality
- Data analysis skills using Excel
- Experience extracting and analysing data using SQL
Selection process and notices
Selection process
• Document screening - Job fit interview - Core competency interview - Final acceptance
• The selection process may differ by role and may change depending on schedule and circumstances.
• Selection schedules and results will be notified individually to the email registered on your application.
Notes
• This notice may close early once recruitment is complete.
• If there is false information in your application, acceptance may be cancelled.
• Employment protection recipients (veterans, persons with disabilities, etc.) may receive preferential treatment in accordance with relevant laws.
• Job grade and scope of responsibilities may change considering the candidate's overall career and experience. If such a change is necessary, the candidate will be communicated with at an appropriate time before the final acceptance notice.
• Recruitment may be restricted if statutory qualifications required for recruitment and job performance are not met.
• Employment type is permanent, including a 12-week probationary period. However, where operationally necessary, the above probationary period may not apply or may be shortened or extended.
Privacy policy
• Coupang Group collects and processes your personal information in accordance with its Privacy Policy for job applicants (link below). https://www.coupang.jobs/kr/privacy-policy/
Document return policy
• This notice is provided under Article 11(6) of the Act on Fair Recruitment Procedures.
• Applicants who are not finally accepted may request the return of recruitment documents submitted, in accordance with the Act on Fair Recruitment Procedures. However, this does not apply to documents submitted via the website or by email, or documents voluntarily submitted without the company's request, and where documents are lost due to natural disasters or other causes not attributable to the company, they are deemed returned.
• Applicants requesting return under paragraph 2 above must complete the request form for return of recruitment documents [Form No. 3, Enforcement Rules of the Act on Fair Recruitment Procedures] and submit it by email ([contact details removed]). Documents will be sent by registered post to the address designated within 14 days from the date submission is confirmed, at the recipient's expense, so please note this.
• To prepare for return requests under paragraph 2 above, the company will keep the original recruitment documents submitted for 180 days from the date recruitment is confirmed. If no return is requested by then, all recruitment documents will be destroyed without delay in accordance with the Personal Information Protection Act.
• However, paragraphs 1 to 4 above apply only where Republic of Korea labour laws apply. Otherwise, they do not apply.
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