Inventory, Sourcing, and Product Manager

About Us Spencer's is a premier luxury spa group in the New York City area dedicated to providing top-tier wellness treatments in an elegant, design-forward setting. Our brand is synonymous with relaxation, exceptional service, and an unparalleled guest experience. Position Overview As we continue to grow, we are seeking a highly organized and proactive Inventory, Sourcing, and Product Manager to lead and execute new product launches, supplier strategies, and inventory management optimization. Key Responsibilities Product Management & Launch Lead the planning, development, and execution of new product launches from concept through market introduction. Coordinate cross-functional teams to ensure timelines, quality standards, and launch objectives are met. Monitor product documentation, specifications, and lifecycle management processes. Sourcing & Supplier Strategy Develop and execute sourcing strategies that ensure product quality, cost efficiency, and reliable supply. Identify, evaluate, and negotiate with suppliers to secure favorable pricing and terms. Build and maintain strong supplier relationships to support long-term business objectives. Monitor supplier performance, lead times, and quality standards. Inventory Management Oversee inventory planning and forecasting to maintain optimal stock levels while minimizing excess or obsolete inventory. Implement processes to improve inventory accuracy, turnover, and supply chain efficiency. Analyze inventory data and trends to inform purchasing and product planning decisions. Collaborate with operations and finance teams to align inventory strategies with demand and budget targets. Operational Improvement Develop and refine systems, tools, and reporting to improve product sourcing and inventory management processes. Identify cost savings opportunities and operational efficiencies across the supply chain. Ensure compliance with company policies, quality standards, and applicable regulations. Requirements & Qualifications 5+ years of experience in product management, sourcing, inventory management, or supply chain roles Strong analytical skills with experience using inventory or ERP systems Proven ability to manage supplier relationships and negotiate contracts Experience leading new product launches or product lifecycle management Excellent organizational, communication, and project management skills Ability to work independently in a fast-paced, evolving environment while maintaining attention to detail