Procurement Planner

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. 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.

About the Job: This is an entry level role

We're seeking a detail-oriented Procurement Planner to join our supply chain team. You'll help ensure our inventory is optimized, suppliers perform reliably, and procurement costs stay competitive. This role offers excellent exposure to complex supply chain operations and our fashion rental business model. This role is based at our Arlington, Texas warehouse (on-site Monday-Friday), and reports to the Senior Manager, Procurement & Planning.

What You’ll Do:

• Monitor and maintain inventory levels at our target safety stock for our Texas and New Jersey warehouses
• Create and process purchase orders weekly, ensuring accuracy in quantities, specifications, and delivery timelines; track shipments and coordinate receipt closely with the procurement clerks at each of our warehouses
• Manage supplier relationships by tracking delivery performance and quality metrics, while addressing quality issues and negotiating terms for optimal pricing and service
• Identify cost-reduction opportunities through contract review, price benchmarking, and process improvements in partnership with the Senior Manager, Procurement & Planning
• Partner closely with cross-functional teams across both warehouses to align supplies with business needs
• Own essential reporting for weekly business reviews, focusing on procurement KPIs and days-on-hand metrics

About You:

• Proficiency with spreadsheets (Excel and/or Google Sheets) and ability to work comfortably with data and numbers
• Strong organizational skills and attention to detail
• Clear written and verbal communication skills
• Excellent cross-functional collaboration and teamwork skills
• Proactive and solution-oriented, with a strong ability to work autonomously
• Ability to project manage multiple projects simultaneously, while maintaining accuracy and meeting competing deadlines

Preferred Qualifications:

• Bachelor's degree in Supply Chain, Business, Operations, or related field; or equivalent professional experience
• Experience working in a warehouse environment
• Familiarity with fashion retail, e-commerce, or rental business models
• Internship or 1+ years of supply chain, procurement, or operations experience
• Knowledge of inventory planning concepts (ABC analysis, reorder points, safety stock)

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.
• Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first, and we’ve got you covered.
• 401(k) match - an investment in your future.
• Exclusive employee subscription and rental discounts -  to ensure you experience the magic of renting the runway (and give us valued feedback!).
• 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!
• Company-wide events and outings - our team spirit is no joke - we know how to have fun!
• Office-centric work.

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.