Product Development Assistant

Rent the Runway•New York, NY
•$48,527 - $60,659•Hybrid

About The Position

Rent the Runway’s Fashion Team is seeking an entrepreneurial Product Development Assistant to support the Co-Manufacturing Team in advancing the business while learning key processes and providing operational support. The role works collaboratively across the organization and requires multitasking, a desire to learn and grow, and the ability to engage with a highly driven team. The position supports seasonal product development, product lifecycle and sustainability tracking, purchase order management, vendor communications, fittings, delivery projections, invoice and payment coordination, reporting, and merchandise durability and inventory maintenance. Rent the Runway is a circular fashion company offering designer apparel and accessories through subscription, rental, and ownership options.

Requirements

  • Bachelor’s degree.
  • Strong organizational skills and attention to detail.
  • Proficiency in Microsoft Office (Excel, Word, and PowerPoint) and Google Suite, with openness to learning new systems.
  • Strong written and verbal communication skills.
  • Proactive, collaborative working style and ability to excel in a fast-paced, high-growth environment.
  • Professionalism and the ability to lead by example.
  • Interest in fashion and staying up to date on fashion, and enthusiasm for Rent the Runway.
  • Results- and deadline-oriented, with strong follow-through.

Nice To Haves

  • One year of related industry or internship experience.

Responsibilities

  • Prepare for and participate in seasonal development, bringing insights based on customer needs, product performance, industry trends, and data analytics.
  • Create initial styles in the Product Lifecycle Management system and keep them updated throughout the season, including tracking sustainability metrics.
  • Finalize order details with the Manager.
  • Enter, manage, and track purchase orders throughout the season.
  • Catalog product attributes in a management database, with an emphasis on product lifetime maintenance.
  • Communicate regularly with external vendors and agents about sample status, delivery, and initial costing.
  • Attend manufacturer fittings and recommend fit corrections based on wear-rate and fit analytics.
  • Project orders accurately to support timely merchandise delivery through communication with merchant teams and external vendors.
  • Partner with accounts payable to identify appropriate pricing and terms on invoices and inventory payments.
  • Execute weekly standard reporting, analysis, and recaps on category and vendor performance, highlighting business opportunities and liabilities to merchandising teams.
  • Partner with the Merchandising and Operations teams to ensure new merchandise meets durability standards and assist with inventory maintenance issues as needed.

Benefits

  • Paid time off, including vacation, paid bereavement, and family sick leave.
  • Universal paid parental leave for both parents and a flexible return-to-work program.
  • Paid sabbatical after five years of continuous service.
  • Exclusive employee subscription and rental discounts.
  • Health, vision, dental, flexible spending account, and dependent care benefits from the first day of employment.
  • 401(k) match.
  • Company-wide events and outings.
  • Corporate employees and technical leaders have the option to work remotely on Fridays, in accordance with company policies.
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