Off-price retail is when retailers sell branded or designer items to consumers at significantly lower prices than full-price stores.
Our client is a tech platform that retailers and brands can use to connect with one another and purchase inventory. The platform manages the brokerage of millions of dollars of off-price retail transactions. They are providing efficiency to the retail market by creating an online off-retail marketplace that connects brands with off-retail stores.
Our client has world class design and engineering teams. The DevOps engineer will collaborate with them to leverage software and create an elegant UX. You will have the opportunity to be a part of iterative development, from compiling and vetting specifications through integration and testing. You will help build a product that is solving a real-world problem, and which brands and retailers will use every day.
The company has raised a total of over $36M in 4 rounds, and they have over $2M revenue.
The client is headquartered in NYC, and they have fewer than 50 employees. It's a startup with ample opportunities for career growth.
Off-price retail is growing faster than any retail sector. Brands have excess product that they are unable to sell at full-price (or even at a slight discount) in stores, and in order to have proper cash flow and be successful in business, they have to sell off this inventory. They typically look to off-price retailers to purchase their product at 40-60% discounts off of the wholesale price, usually taking whatever they can get for their unwanted goods. Excess inventory can occur for many reasons, such as cancelled orders, off-season product, overproduction, manufacturing errors, among other things, and is inevitable in the retail industry.
There is the common notion that retail is dying, but the reality is that department stores are dying, not retail. A 2017 report by JP Morgan seems to indicate that the lion's share of market losses that the department store sector is experiencing are becoming gains for off price retailers.
Our client is looking for an outstanding Dev Ops Engineer who will focus on Availability, Automation, Scaling, Performance and Security.