Inventory Lifecycle Manager

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 and accessories from hundreds of 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 Inventory team sits at the center of RTR’s operating model, connecting customer demand, financial goals, and product vision into an actionable inventory strategy.

The Inventory Lifecycle team is a critical function within the Inventory team responsible for the day-to-day management of product performance and profitability. In this role, you will drive pricing, replenishment, and end-of-life strategies to maximize item-level ROI and ensure our inventory works as hard as possible for our customers and our business. You will partner cross-functionally to ensure our fulfillment centers have the appropriate inventory to maximize sales and help us "future-proof" the business by managing a cohort of one of our biggest assets—our inventory.

This role is ideal for someone who is analytical, detail oriented, and energized by driving tangible financial impact through operational excellence. This position reports to the Senior Director of Inventory Lifecycle.

What You’ll Do:

• Maximize product profitability by driving pricing and placement strategies that optimize item-level ROI across the full product lifecycle.
• Manage pricing execution for our "Keep It Forever" (KIF) and Clearance (CLR) programs, ensuring timely and accurate updates.
• Drive reorder strategy by analyzing performance trends to provide data-driven recommendations for reorders and replenishment to support demand.
• Optimize inventory health through regular catalog assessments anchored on ROI performance and determine the most profitable path for inventory, including liquidation.
• Lead end-of-life decisions identify when to retire inventory and partnering with the liquidation lead to exit inventory profitably.
• Develop and maintain reporting that provides visibility into item-level performance, utilization, and category-level ROI, informing cross-functional decision making.
• Improve lifecycle processes and SOPs to ensure consistency, efficiency, and alignment with RTR’s inventory strategy.
• Collaborate cross-functionally with Finance, Merchandising, Planning and Network Balancing to ensure lifecycle actions align with financial targets and operational needs.

About You:

• You Think Big: you see beyond the immediate task and seek opportunities to improve processes, elevate forecasting accuracy, and unlock new value.
• You Are Accountable: you take ownership of your work, follow through on commitments, and maintain high standards of data accuracy and analytical rigor.
• You Are Inclusive: you build strong, collaborative relationships across Fashion/Buying, Finance, Analytics, and other teams, communicating clearly and valuing diverse perspectives in decision-making.
• You Own the Customer Experience: you understand how inventory impacts customer engagement, availability, and satisfaction—and you plan with the end customer in mind.
• You Act Like an Owner: you use sound business judgment, manage competing priorities effectively, and proactively identify risks and opportunities.

Experience & Skills:

• You have experience in planning, merchandising, inventory management, finance, or another analytical discipline.
• You are comfortable working with large datasets and analytical tools (Looker experience is a plus).
• You bring curiosity, structure, and a solution-oriented mindset to complex problems.

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 $87,200 to $109,000. 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.