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    Data Scientist III, Inventory
    Posted Feb 6, 2025
    Hybrid
    Brooklyn, Usa
    About Renttherunway
    Identify new opportunities to leverage data science (in areas such as pricing, demand forecasting, inventory longevity, and profit modeling) that improve buying and operational decisions Own optimization of the inventory balancing strategy, and associated metrics and reporting Work in close collaboration with Inventory and Finance stakeholders to develop the pricing strategy for our rental and resale business Design and test pricing models and their evaluation frameworks Determine and calculate KPIs to objectively evaluate inventory health and performance Contribute to our inventory data model, creating new reusable tables with built-in data validations and extensible architecture Build data tools and dashboards that empower various stakeholders throughout the organization
    Requirements
    Bachelor’s degree in Economics, Statistics, Mathematics or related fields; advanced degrees and/or specializations a plus 3-5+ years experience in a data analytics and/or data science role, using quantitative analysis to solve challenging, real-world problems (domain experience in pricing or promotions is a plus) Hands-on experience developing and deploying ML and statistical models in Python High proficiency in using relational databases and writing queries in SQL Experience with business intelligence tools such as Tableau or Looker Track record of building strong relationships with cross-functional partners Ability to independently create end-to-end plans for analytical projects Ability to communicate effectively with a range of audiences Benefits: 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! Office centric work - our corporate employees and technical leaders have the option to work remotely on Fridays, 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 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law. _________ The anticipated base salary for this position is $116K to $145K 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.  #LI-EM1By submitting your application below, you agree that you have read and acknowledge Rent the Runway's Candidate Privacy Policy, found here. 
    Data Scientist III, Inventory at Renttherunway