Senior Manager, Procurement and Supply Chain Planning at Rent the Runway

Brooklyn, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Fashion, RetailIndustries

Requirements

Minimum 5+ years experience in a supply chain, operations, warehousing, or project management role
Experience leading/collaborating with operations, finance, accounting, buying and/or procurement teams in the pursuit of delivering KPIs
Experience with building, owning, and delivering on operating metrics
Experience creating forecasts and analyzing data sets with multiple variables
Strong analytical background and the ability to apply that to readily available data

Responsibilities

Analyze supplies usage data and create visualizations and KPIs; lead weekly and monthly business reviews on key metrics
Forecast supply usage, ordering, and cost in partnership with Finance and Accounting. Track spend against the forecasted budget and promptly solve for and/or escalate any unbudgeted cost
Manage and develop best practices for the PO, invoice, and receipt process of all non-inventory receipts for Operations
Manage and develop best practices for supply cycle count and accounting reconciliation
Manage key vendor relationships to leverage purchasing power, including negotiating pricing and contract terms alongside Legal
Support Operations and Engineering teams for key projects by researching, testing, and procuring new supplies
Partner with Operations leadership to ensure the successful rollout of RTR’s new garment bag design in early 2026, including demand modeling and ordering
Partner with the Senior Manager, Transportation & Planning to lead RTR’s S&OP process from start to finish - from engaging forecast input owners across the company to advising on Operations labor planning based on the forecasts you produce
Own the compilation of weekly outbound and inbound volume forecasts based on data from input owners, including Buying, Data Analytics, Finance, and Inventory. Lead these cross-functional partners through RTR’s weekly S&OP process
Review current S&OP tools and processes with a critical eye to determine what, if any, need to be changed or revamped in order to improve planning efficiency and accuracy
Continuously analyze forecasts and day-of-week curves to ensure the greatest possible forecasting accuracy
Partner with Operations leadership as they build their labor plans based on the forecasts you create. Act as their key point of contact for all things S&OP
Own supply forecasting and ordering for RTR’s two fulfillment centers
Work with data owners throughout the company to build and maintain accurate demand forecasts and partner closely with leadership of warehouse fulfillment teams to plan based on these forecasts
Oversee an hourly team of three

Skills

Supply Forecasting

Demand Forecasting

Procurement

Data Analysis

Data Visualization

KPI Management

PO Management

Invoice Processing

Business Reviews

Supply Chain Planning

Rent the Runway

Fashion rental service for designer clothing

About Rent the Runway

Rent the Runway offers a service that allows customers to rent designer clothing and accessories, primarily targeting women who want to update their wardrobe without the commitment of buying items. The company operates on a subscription model with various plans that provide flexibility, such as a set number of items per month or unlimited swaps. Customers can also opt for one-time rentals for special occasions. Rent the Runway manages all logistics, including dry cleaning and shipping, making the rental process easy for users. Unlike traditional retailers, Rent the Runway promotes sustainability by reducing the need for fast fashion and minimizing waste, appealing to those who value both style and environmental responsibility. The goal of Rent the Runway is to provide a convenient, affordable, and sustainable alternative to owning clothing.

New York City, New YorkHeadquarters

2009Year Founded

$390.3MTotal Funding

IPOCompany Stage

Social Impact, Consumer GoodsIndustries

501-1,000Employees

Benefits

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!

Flexible Work Policy: Hybrid Work - when our corporate employees return to the office post COVID they will have the option to work remotely 2-3 days a week, in accordance with Company policies.

Risks

Increased competition from Walmart's Style Tour may draw potential customers away.

Focus on in-person events may strain Rent the Runway's traditionally eCommerce resources.

The new subscription tier may not attract enough customers to offset expansion costs.

Differentiation

Rent the Runway offers a unique 'closet in the cloud' service.

The company provides access to 550+ designer brands at a fraction of retail prices.

Proprietary technology and reverse logistics set Rent the Runway apart from competitors.

Upsides

AI-driven personalization enhances customer satisfaction and retention for Rent the Runway.

The new $119/month subscription tier aims to expand Rent the Runway's customer base.

In-person events and experiences boost customer engagement and brand presence.

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