What are the responsibilities and job description for the Inventory Planning Manager position at Lensa?
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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.
As a Planner, you will develop and operationalize inventory and financial plans that shape how we buy, manage, and optimize our inventory throughout its lifecycle. You’ll use data-driven insights to improve forecasting accuracy, strengthen inventory productivity, and support RTR’s evolving product strategy. Working closely with Buying, Finance, and Analytics, you will help build a disciplined, future-ready planning function that fuels customer delight and business performance.
What You’ll Do
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
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:
The anticipated base salary for this position is $98,000. 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.
By submitting your application below, you agree that you have read and acknowledge Rent the Runway's Candidate Privacy Policy, found here (https://www.renttherunway.com/privacy#candidate-privacy-notice) .
If you have questions about this posting, please contact support@lensa.com
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.
As a Planner, you will develop and operationalize inventory and financial plans that shape how we buy, manage, and optimize our inventory throughout its lifecycle. You’ll use data-driven insights to improve forecasting accuracy, strengthen inventory productivity, and support RTR’s evolving product strategy. Working closely with Buying, Finance, and Analytics, you will help build a disciplined, future-ready planning function that fuels customer delight and business performance.
What You’ll Do
- Build pre-season plans and in-season forecasts that support customer demand, financial goals, and RTR’s rental growth strategy.
- Maintain optimal inventory levels by category and channel to achieve utilization, in-stock, and ROI targets.
- Develop a strong partnership with the Fashion team to bring RTR’s product vision to life—aligning forecasts, performance insights, and buying decisions to create a compelling, high-performing assortment.
- Analyze historical performance, customer behavior, and product attributes to identify trends, risks, and opportunities.
- Lead and support analyses that inform strategic decisions across allocation, reorders, and assortment optimization.
- Support and enhance end-of-life and exit strategies to ensure thoughtful, profitable inventory retirement.
- Communicate performance insights, risks, and recommendations to Inventory leadership and cross-functional partners.
- Strengthen planning tools, operating rhythms, and processes to drive operational excellence and scale.
- Uphold high standards of data integrity, analytical rigor, and cross-functional collaboration.
- Contribute to a culture of curiosity, collaboration, and continuous improvement on the Inventory team.
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.
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.
The anticipated base salary for this position is $98,000. 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.
By submitting your application below, you agree that you have read and acknowledge Rent the Runway's Candidate Privacy Policy, found here (https://www.renttherunway.com/privacy#candidate-privacy-notice) .
If you have questions about this posting, please contact support@lensa.com
Salary : $98,000