Associate Buyer

About Rent the Runway:

Rent the Runway (RTR) is transforming the way we get dressed by pioneering the worlds 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 Hymans leadership RTR has been named to CNBCs Disruptor 50 five times in ten years and has been placed on Fast Companys 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 magazines Women Changing the World.

Position Overview:

Join Rent the Runways Fashion Team as an Assistant Buyer where your entrepreneurial spirit proactive attitude and sharp interpersonal skills will this role you will not only support the Buying Departments strategic initiatives but also gain in-depth insights into the fashion industrys inner workings. Our team known for its passion and collaborative ethos offers you a platform to work across the company contributing to and learning from every interaction. We are looking for a multitasker with a strong desire to grow engage actively with our team and foster enduring relationships with our hundreds of Designer Partners.

What Youll Do:

• Scheduling and attending market appointments prepared with strategic assortment plans brand insights and understanding of product with a data backed approach.
• Actively participate in seasonal buys applying insights from customer behavior product performance and industry trends to inform purchasing decisions.
• Oversee the creation updating and maintenance of purchase orders. Ensure product attribute accuracy within our management databases and synchronize across systems.
• Monitor & project inventory orders to guarantee on-time delivery by liaising continuously with Buyers Logistics and Brand Partners.
• Collaborate with accounts payable to rectify any discrepancies in pricing and terms on invoices and inventory payments.
• Execute weekly reports diligently analyze category and vendor performance and identify business opportunities and challenges.
• Support Buyer in cross-functional initiatives to maximize performance results and scale the team.
• Partner with the Merchandising and Operations Teams to ensure new merchandise meets durability standards and assist with inventory maintenance issues as needed.
• Monitor fashion and industry trends. Actively looks at competitors sites and brings information/trends/findings to the team.

About You:

• Bachelors degree in Fashion Merchandising Marketing Business or a related field preferred but not required.
• At least one year in a related industry role or relevant internships.
• You take ownership and initiative and can excel in a fast-paced high growth environment.
• Exceptional ability to analyze sales data and trends.
• Highly organized with meticulous attention to detail.
• Skilled in Microsoft Office (Excel Word PowerPoint) Google Suite and adaptable to learning new systems.
• Strong written and verbal communicator with a professional and solutions oriented mindset.
• Collaborative enthusiastic and research minded; ability to use feedback from others in a constructive way.
• Results and deadline-oriented with a strong sense of follow through.
• A strong sense of style and current knowledge of fashion trends and designers are highly desirable.
• Proven ability to work independently and collaboratively on team projects.

Benefits:

At Rent the Runway were 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 weve 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 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 $48527 to $60659. 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.

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