Senior Manager, Supply Chain Planning and Procurement

About Us:

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.”

About the Job:

The Senior Manager, Supply Chain Planning & Procurement will report to the Director of Transportation, Planning, Procurement & ESG. Core responsibilities will be to (1) work with data owners throughout the company to build and maintain accurate demand forecasts and partner closely with leadership of our warehouse fulfillment teams to plan based on these forecasts, and (2) own supply forecasting and ordering for RTR’s two fulfillment centers. In this role, you will oversee an hourly team of three.

What You’ll Do: 

S&OP

• 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.

Procurement

• 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.
• Work closely with Product and Design to conduct operational and user testing on existing and new garment bags, and roll out new garment bags in early 2025.

 About you: 

• Minimum 5+ years experience in a supply chain, operations, warehousing, or project management role.
• You have experience leading/collaborating with operations, finance, accounting, and buying and/or procurement teams in the pursuit of delivering KPIs.
• You have experience with building, owning, and delivering on operating metrics.
• You have experience creating forecasts and analyzing data sets with multiple variables.
• You have a strong analytical background and the ability to apply that to readily available data. Strong Excel/Google Sheet skills are a must; other data tool skills are a bonus. 
• You have the vision to find the answers to complicated operational problems and are relentless in your desire to improve processes and try new things.
• You have experience managing hourly associates in operations roles.

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 role - our employees have the option to work remotely on Fridays, in accordance with Company policies. While the role is primarily based out of our Secaucus facility, you will also have the opportunity to work from our Brooklyn HQ. 

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.