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Full-Time

Operations Manager

Posted on 4/16/2024

Rent the Runway

Rent the Runway

501-1,000 employees

Fashion rental service for designer clothing

Industrial & Manufacturing
Energy
Social Impact
Consumer Goods

Mid

Arlington, TX, USA

Category
Supply Chain Management
Operations & Logistics
Required Skills
Communications
Requirements
  • Bachelor's degree in Industrial or Manufacturing Engineering
  • Six Sigma Certification
  • 1+ years of experience leading people and teams, ideally in Operations or Manufacturing setting
  • Capable of making decisions independently
  • Positive attitude and excellent interpersonal skills
  • Ability to work flexible shifts, hours, nights, and weekends
  • Strong written and verbal communication skills; bilingual in Spanish is a plus
  • Intermediate to advanced computer skills and ability to operate warehouse tools
  • Forward-thinkers with problem-solving skills
  • Attention to detail and sense of urgency
  • Alignment with company's Core Values
  • Bilingual in Spanish - a plus
Responsibilities
  • Maintain strong working knowledge of all processes and policies
  • Lead with safety, production, cost, and quality in decision making
  • Establish and meet KPIs
  • Recruit, screen, and select talent at Associate and Team Lead levels
  • Implement weekly schedule and manage labor budget
  • Oversee overall productivity of department and workflow
  • Enforce safety guidelines, cleanliness, and security standards

Rent the Runway offers a service that allows customers to rent designer clothing and accessories, primarily targeting women who want to update their wardrobe without the commitment of buying items. The company operates on a subscription model with various plans that provide flexibility, such as a set number of items per month or unlimited swaps. Customers can also opt for one-time rentals for special occasions. Rent the Runway manages all logistics, including dry cleaning and shipping, making the rental process easy for users. Unlike traditional retailers, Rent the Runway promotes sustainability by reducing fast fashion and waste, appealing to those who value both style and environmental responsibility. The goal is to provide a convenient and affordable alternative to owning clothing.

Company Stage

IPO

Total Funding

$938.2M

Headquarters

New York City, New York

Founded

2009

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • The company's strategic focus on in-real-life experiences, such as pop-ups and stores, could drive significant growth and brand loyalty.
  • AI-driven digital enhancements have already shown a 10% increase in customer loyalty, indicating strong potential for further retention and growth.
  • The appointment of a new CMO and investment in inventory and platform improvements signal a commitment to innovation and market leadership.

What critics are saying

  • Recent layoffs and executive departures could indicate underlying financial or operational challenges, potentially affecting employee morale and stability.
  • The fashion rental market is highly competitive, and slowing subscriber growth may impact Rent the Runway's ability to scale effectively.

What makes Rent the Runway unique

  • Rent the Runway's subscription-based model offers unparalleled flexibility with options for unlimited swaps and special occasion rentals, setting it apart from traditional retail and other rental services.
  • The company's focus on sustainability and reducing fast fashion waste appeals to environmentally conscious consumers, a growing segment in the fashion industry.
  • By handling all logistics, including dry cleaning and shipping, Rent the Runway provides a seamless and hassle-free experience for its customers, unlike many competitors.

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!

Flexible Work Policy: Hybrid Work - when our corporate employees return to the office post COVID they will have the option to work remotely 2-3 days a week, in accordance with Company policies.

INACTIVE