Senior Product Manager, Rent the Runway
Inventory & Operations
$160-195.7k
1+ day a week in office (Brooklyn, NY)
Women's clothing subscription service
Posted today
Women's clothing subscription service
1001+ employees
Posted today
$160-195.7k
1+ day a week in office (Brooklyn, NY)
1001+ employees
Company mission
Rent the Runway's mission is to power women to feel their best every day.
Role
Who you are
- Experience: You hold a Bachelor’s Degree with 5+ years of Product Management experience, with a strong track record of shipping complex products. Direct experience in e-commerce, fulfillment, inventory management, reverse logistics, transportation, and/or other related supply chain domains is strongly preferred
- Systems & Operational Thinker: You excel at breaking down messy, high-complexity systems and problems into clear, actionable product requirements. You are equally comfortable at the 10,000-foot strategic level and down in the weeds of warehouse workflows
- Technical Fluency: You speak fluent "tech and ops." You are comfortable with APIs, system architecture discussions, and SQL. You can clearly translate business constraints for engineers and technical trade-offs for business stakeholders
- Adaptable & Scrappy: You thrive in fast-paced, evolving environments. You enjoy tackling a diverse range of projects and know how to ruthlessly prioritize, test, and iterate for maximum ROI
- Data-Informed: You use quantitative metrics and qualitative operational feedback to build compelling business cases, validate hypotheses, and turn data into actionable insights. You are passionate about knowing your customer(s) and empathizing with their pain points
- Strong Communicator & Leader: You inspire trust, build consensus across matrixed teams, and keep squad members motivated, organized, and accountable
What the job involves
- As a Senior Product Manager, you will lead a squad of engineers and cross-functional partners to manage the vision and roadmap for systems that power Rent the Runway’s supply chain and supplier network.
- This includes all aspects of the customer’s order fulfillment and return process; which covers inventory management, bookings, fulfillment, transportation, inventory care, and supplier management.
- You will partner with engineering, product design, business stakeholders, data science/analytics, and third-party vendors to implement innovative solutions that increase efficiency, drive scale, and improve operator, customer, and supplier experiences
- This is a full-time role based in our Dumbo office. RTR currently operates on a Hybrid model, with employees working from our office 4-days a week, and flexibly on Fridays. Regular weekly travel to our Secaucus, New Jersey fulfillment center is expected, along with occasional travel to operational facilities outside of the New York metropolitan area
- Drive Product Strategy & Execution: Own the product vision, roadmap, and PRDs for RTR’s operational, supply chain, and inventory systems
- Power Internal and External Scale: Build and optimize internal systems (i.e., fulfillment, warehouse tech) while driving external expansion capabilities (i.e., supplier integrations)
- Cross-Functional Alignment: Collaborate closely with Operations, Transportation, Inventory, Buying, Engineering, Analytics, and Finance, to navigate trade-offs, manage competing priorities, and align on high-impact solutions
- Ship High-Impact Improvements: Deliver measurable operational gains, whether increasing warehouse throughput, optimizing inventory accuracy or ROI, reducing cycle times, or expanding supplier channel capacity
- Rapid Prototyping & AI: Leverage AI tools, Figma, and modern workflows to quickly prototype, validate concepts, and de-risk solutions
- Data-Driven Iteration: Define success metrics, monitor post-launch performance, and maintain a tight feedback loop to continually inform product iterations
Our take
Rent the Runway seeks to profit from two important trends in apparel consumption: wanting to stay on top of the latest fashion trends while living and purchasing sustainably. By providing a platform for women to rent designer pieces, its users can have it all.
The company allows users to rent, subscribe, or buy designer apparel and accessories. It achieves this with its network of partnerships with hundreds of top designers and managing the crucial but complicated logistics in-house. It offers its partnered brands sophisticated analytics about potential customers in return for lower prices on designer garments.
Rent the Runway is now focused on diversifying revenue streams while reducing its costs. Its recent partnership with Amazon is an example of this new direction: while it will use this channel to sell clothes previously rented through its platform, it will, for the first time, be selling new clothes based on rental items modified in line with market data.
While moves such as this may well shift Rent the Runway towards profitability, it also risks undercutting the company's central message of sustainability and supporting the circular economy. The company believes that by creating better quality clothing, it will nonetheless be aiding in the fight against fast fashion. Time will tell if this move helps or hinders the sustainability movement, but it is likely to boost Rent the Runway's bottom line regardless.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Apr 2020
$80m
SERIES G
Mar 2019
$125m
SERIES F
Total funding: $401.2m
Company benefits
- Generous Paid Time Off including annual leave, 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
- Exclusive employee subscription and rental discounts
- 401k match
- Work from home opportunities
- Comprehensive health, dental care and dependents care from day 1 of employment - Your health comes first and we’ve got you covered.
- Competitive Stakeholder Pension - taking care of your future
- Company wide events and outings - our team spirit is no joke - we know how to have fun!
- Hybrid Work - our corporate employees have the option to work remotely 3 days a week, in accordance with Company policies
Company HQ
Hudson Square, New York, NY
Leadership
Jennifer Hyman
(Co-Founder, CEO & Chairman of the Board)Prior to Rent the Runway, was director of business development at IMG where she focused on the creation of new media businesses for IMG's fashion division.
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