home-screen-logo
    VP, Inventory Planning and Optimization
    Posted Mar 12, 2025
    Hybrid
    Brooklyn, Usa
    About Renttherunway
    Lead the development and implementation of inventory strategy connecting what she wants with what we buy  Connect executive members to the strategy aligning cross functional leaders teams to deliver on the core objectives Optimize inventory life and utilization, and to maximize returns on inventory investments  Oversee strategy for full cycle of inventory supply chain processes, including new receipts, inventory performance over life of inventory, attribution and distribution of inventory across the network, end-of life strategy and execution, and inventory controls Act as key business partner for strategic cross-functional collaboration with Inventory Planning and Buying, Continuous Improvement, Quality Assurance, Customer Experience and Finance to ensure team alignment and that operational processes are optimized and throughput is maximized Oversee the inventory-related operations budget and operating performance, along with key service, quality and cost metrics and focus on continuous improvement programs Lead senior management routines to monitor core inventory performance, including delivering against product and service level agreements and cost objectives Benchmark and work to understand similar environments in order to implement best practices and properly staff inventory management processes to maintain service level despite business fluctuations Develop capabilities and inventory initiatives to support inventory performance over a multi-year horizon Meet or exceed all customer expectations as they relate to the inventory  Educate, inspire and instill RTR core values across all interactions and decisions Ensure that we attract, develop, retain, and engage high performing teams in each department
    Requirements
    Develop the vision and lead our inventory strategy working closely with our buying team Lead team performance and execution Be amazing! About You: Bachelor's Degree in Business Administration, Logistics, Business Analytics or related field required; MBA preferred Certification in Operations, Inventory Management, or Six Sigma highly desirable Ten (10) or more years' experience in fashion and connecting analytical data to the customer experience Proven track record for innovation, execution and delivering results to drive a performance culture Ability to lead large teams towards the company’s vision Demonstrated ability to frequently work with senior executives Strong verbal/written communication and organizational skills Skilled at multi-tasking and managing competing priorities 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 $230,000 - $265,000. 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. By submitting your application below, you agree that you have read and acknowledge Rent the Runway's Candidate Privacy Policy, found here. 
    VP, Inventory Planning and Optimization at Renttherunway