Rent the Runway (RTR) is transforming the fashion industry with its innovative approach to clothing rental and ownership. The Associate Buyer will support the Buying Department's strategic initiatives, engage with Designer Partners, and contribute to purchasing decisions based on market insights and data analysis.
Responsibilities
- 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
Skills
- 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
- Proven ability to work independently and collaboratively on team projects
- Bachelor's degree in Fashion Merchandising, Marketing, Business, or a related field preferred, but not required
- A strong sense of style and current knowledge of fashion trends and designers are highly desirable
Benefits
- 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.
Company Overview
Rent the Runway is an online e-commerce website that allows women to rent designer apparel and accessories. It was founded in 2009, and is headquartered in New York, New York, USA, with a workforce of 501-1000 employees. Its website is http://www.renttherunway.com.
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