About Us:

Rent the Runway (RTR)  is transforming the way we get dressed by pioneering the worlds first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable & financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel, accessories & home decor from 700+ brand partners & has built in-house proprietary technology & a one-of-a-kind reverse logistics operation. Under CEO & Co-Founder Jennifer Hymans leadership, RTR has been named to CNBCs Disruptor 50 five times in ten years, & has been placed on Fast Companys Most Innovative Companies list multiple times, while Hyman herself has been named to the TIME 100 most influential people in the world & as one of People magazines Women Changing the World.

About the Job:

Rent the Runway is seeking a highly motivated & experienced Senior Inventory Analyst  to join our dynamic team. In this role you will play a critical role in driving inventory planning & optimization strategies to support our fast-growing fashion rental business. You will be responsible for analyzing inventory data, & implementing inventory management initiatives to maximize efficiency & profitability through allocation, pricing & liquidation (among other things). 

What Youll Do:

1. Inventory Planning & Analysis:

• • Develop & execute inventory planning strategies to optimize inventory health & performance. Provide liquidation & pricing recommendations to influence assortment health. 
  • Conduct regular analysis of inventory data, including sales trends, product performance, & customer behavior, to identify areas for improvement & actionable insights.
  • Collaborate with finance, data scientists, operations & fashion  to forecast demand, set inventory targets, & monitor inventory performance against goals.
  • Monitor inventory turnover & identify slow-moving or obsolete inventory, proposing strategies to optimize inventory levels & minimize write-offs.

2. Inventory Allocation & Assortment Planning:

• • Optimize inventory allocation across multiple distribution centers & retail locations to maximize product availability & minimize transfer costs.
  • Monitor inventory turnover & identify slow-moving or obsolete inventory, proposing strategies to optimize inventory levels & minimize write-offs.
  • Collaborate with merchandising teams to develop effective assortment plans & ensure optimal product mix based on customer preferences & market trends.

3. Reporting & Communication:

• • Prepare regular reports & present key inventory metrics, including stock levels, sell-through rates, & aging inventory, to senior management.
  • Collaborate with cross-functional teams to communicate inventory-related updates, strategies, & performance insights effectively.
  • Participate in inventory-related meetings & provide recommendations based on data-driven analysis.

About You:

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field. A master's degree is a plus.
• 3+ years of experience in inventory management, demand forecasting, or related roles, preferably in a retail or e-commerce environment.
• Strong analytical skills with proficiency in SQL, Looker, Excel & data analysis tools are essential. Knowledge of inventory planning methodologies, forecasting techniques, & supply chain best practices.
• Excellent communication skills with the ability to present complex data in a clear & concise manner.
• Strong problem-solving skills & attention to detail.
• Ability to work in a fast-paced, dynamic environment & adapt to changing priorities.

Benefits:

At Rent the Runway, were committed to the wellbeing of our employees, & aim to create a workplace that fosters both personal & professional growth. Our inclusive benefits include, but are not limited to:

• Paid Time Off including vacation, paid bereavement, & family sick leave - every employee needs time to take care of themselves & their family.
• Universal Paid Parental Leave for both parents + flexible return to work program  - because we know your newest family member(s) deserve your undivided attention.
• Paid Sabbatical after 5 years of continuous service - Unplug, recharge, & have some fun!
• Exclusive employee subscription & rental discounts -  to ensure you experience the magic of renting the runway (and give us valued feedback!).
• Comprehensive health, vision, dental, FSA & dependent care from day 1 of employment - Your health comes first & weve got you covered.
• 401k match - an investment in your future.
• Company wide events & outings - our team spirit is no joke - we know how to have fun!
• Hybrid Work - our corporate employees have the option to work remotely 2 days a week, in accordance with Company policies.

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 & over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing & characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

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The anticipated base salary for this position is $78,400 to $105,000. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held. This position is also eligible for equity compensation.

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