S&OP Planner
New Balance · Seoul
Who We Are:
Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.
POSITION SUMMARY
As a member of the S&OP team, the S&OP Planner is responsible for managing inventory planning and owning to facilitate S&OP process for New Balance Korea. This role ensures optimal inventory levels across product categories by aligning demand, supply, and business strategies. The position plays a key role in balancing stock availability, minimizing risks, and supporting overall business performance.
KEY RESPONSIBILITIES
Inventory Planning & Management
- Manage and optimize total inventory levels to ensure maximizing sales opportunity with supporting business strategies
- Develop, maintain and publish inventory reports and dashboards utilizing BI tools to analyze and provide visibility on inventory status
- Monitor core inventory KPIs such as stock turn, weeks of supply, slow moving inventory, etc. to ensure minimizing excess or shortages
- Work closely with Supply Planning and Internal Operations counterparts to simulate rolling inventory projection
- Own inventory performance tracking and continuously improve planning accuracy
S&OP Cycle Management
- Drive implementation and facilitate the monthly regional S&OP process including reviewing demand and supply plans
- Collaborate with stakeholders to strongly enforce the monthly S&OP process and prepare the risk analysis for the review
- Identify risks and opportunities, and mitigate risks through proactive scenario planning and cross-functional coordination
Cross-Functional Partnership
- Coordinate cross-functional alignment on inventory direction and priorities among Merchandising, Commercial, Finance and Operations teams
- Proactively communicate inventory risks and drive alignment on mitigation actions
- Influence decision-making through data-driven insights and strong business acumen
ERP System & Process Optimization
- Participating in Microsoft 365 Dynamics ERP enhancement, including Operations UAT activities
- Drive system readiness, data integrity, and process standardization for inventory planning
- Continuously identify and execute opportunities to enhance process efficiency
Performance Management & Analytics
- Own and monitor core inventory KPIs (sell-through, stock turn, aging report, etc.)
- Generate actionable insights to improve inventory productivity and business performance
- Establish structured reporting and planning discipline across the organization
REQUIREMENTS FOR SUCCESS
- Experience: 7-9 years in Supply Chain, Inventory Planning, S&OP, or related field
- Education: Bachelor’s degree in Business, Supply Chain Management, or related field
- Strong understanding of inventory planning concepts and S&OP processes
- Experience working with ERP systems (Microsoft Dynamics experience is a plus)
- Strong analytical skills with the ability to translate data into actionable insights
- Excellent communication skills in English and Native Korean
- Highly proactive, accountable, and capable of driving outcomes in a fast-paced environment
ADDITIONAL INFORMATION
Location: Seoul Anguk, Korea / Department: / Reports to: S&OP Manager
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Equal Opportunity Employer:
New Balance is committed to equality of opportunity for all current and prospective associates regardless of age, disability, race, religion or belief, gender, sexual orientation, pregnancy and maternity, marriage and civil partnership and gender reassignment. We are an equal opportunity employer and support a culture of diversity and inclusion.
If you have not already done so, please let us know if you require any support so we can make the right adjustments and considerations should they be required.