Inventory Planner

Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s 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 and 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 and home decor from 700+ brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times, while Hyman herself has been named to the “TIME 100” most influential people in the world and as one of People magazine’s “Women Changing the World.”

Position Overview:

The Planning team leads initiatives that are essential to strategic management of our inventory lifecycle. 

As a Planner on our fashion team, you will be responsible for creating, operationalizing and maintaining inventory plans. You will be required to apply a data driven approach to inventory planning and will be accountable for maintaining and driving optimal inventory levels by category and channel to maximize ROI. You will report to the Senior Planner and work cross-functionally with Analytics, Buying, Site Merchandising, Operations, and Finance. The ideal candidate is curious, comfortable working with complex data and energized by having a direct impact on growth.

What You’ll Do:

This role will be responsible for several key company initiatives across inventory planning, including:

• Support Senior Planner on inventory performance reporting, forecasting, and the budgeting process across critical revenue channels 
• Create pre-season plans and in-season forecasts that support our subscription inventory needs
• Analyze inventory performance based on historical data, product attributes and customer attributes in all inventory consumption channels and regularly communicate findings to Merchandising teams
• Utilize Looker/Tableau to build and maintain data visualizations for Buying and Site Merchandising teams
• Support Buying teams’ understanding of and ability to improve key metrics by partnering with Inventory Analytics team on actionable analyses 
• Build and evolve planning tools and processes to support growth and keep up with rapidly changing business needs
• Partner closely with the Product Development team to provide guidance on future buys

About You:

• You have a Bachelor’s degree, preferably in a quantitative field
• You have 3+ years of experience in Planning, Consulting, Analytics or Finance
• You have advanced Excel skills
• You are proficient in SQL and Looker/Tableau
• You have a strong understanding of financial metrics and concepts
• You possess strong planning and organizational skills
• You are comfortable making decisions and recommendations grounded in data
• You have the ability to troubleshoot and resolve inventory issues through objective analysis and planning
• You have the ability to work with limited resources and collaborate cross-functionally with different departments
• You have the ability to handle many projects simultaneously and effectively prioritize across a diverse workload with strong project management skills/discipline to meet set deadlines

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

• Paid Time Off including vacation, paid bereavement, and family sick leave – every employee needs time to take care of themselves and 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, and have some fun!
• Exclusive employee subscription and rental discounts – to ensure you experience the magic of renting the runway (and give us valued feedback!).
• Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment – Your health comes first and we’ve got you covered.
• 401k match – an investment in your future.
• Company wide events and outings – our team spirit is no joke – we know how to have fun!
• Flexibility Policy – when our corporate employees return to the office post COVID they will have the option to work remotely 2-3 days a week. 

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 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed servicemember status or any other status protected by federal, state or local law.

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Demographic Questions US

Rent the Runway is committed to ensuring that we attract diverse talent and strengthen our culture of diversity and inclusion. As an equal opportunity employer, our employment decisions are based on objective qualifications, experience, and ability. As a result, individuals seeking employment at Rent the Runway are considered without regards to race, color, religion, national origin, age, sex or gender, marital status, national origin or ancestry, disability, veteran status, gender identity or expression, sexual orientation, pregnancy, veteran status, status as a victim of domestic violence or sex offense, reproductive health decision, or any other characteristic protected by applicable law. 

We are asking all applicants to provide the following information in order to help us comply with federal and state Equal Employment Opportunity record keeping, reporting, and other legal requirements. It will also assist us in measuring our progress against our ongoing D&I initiatives. 

Completion of the form is entirely voluntary . Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

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