Hybrid External Sourcing Strategy Lead Cost Governance

Advance Auto Parts Inc.; West Virginia; Hybrid; USD 150,000 - 210,000; Full time

Benefits offered by this job

Health & wellness benefits

Job summary

Advance Auto Parts, Inc. is seeking a Sr. Manager for External Sourcing Strategy & Cost Governance.

The role leads external sourcing programs, establishes governance over item costs, and drives optimization across Merchandising, Sourcing, Finance, IT, and Supply Chain from our Raleigh HQ. Hybrid work arrangement with strong cross-functional impact. The position requires 8+ years in sourcing/procurement with leadership experience, a Bachelor’s in a related field (MBA preferred), and a proven

Qualifications

• Demonstrated expertise leading external sourcing programs, including FDO, second-source initiatives, supplier onboarding, distributor management, and sourcing process governance
• Strong knowledge of cost governance, cost execution, cost lifecycle management, landed-cost methodologies, financial controls, and commercial compliance
• Demonstrated success leading, coaching, and developing teams while driving accountability, operational excellence, and continuous improvement

Responsibilities

• Lead FDO, second-source, distributor, and other external sourcing programs
• Develop external sourcing plans aligned with merchandising and enterprise priorities
• Drive enhanced visibility of second-source activities through reporting and AI-enabled insights
• Oversee supplier onboarding, program implementation, and process improvement
• Partner with merchants and category teams to identify and execute sourcing opportunities
• Monitor program adoption, execution, and operational effectiveness
• Own the item-cost governance model, standards, controls, and approval processes
• Oversee end-to-end SKU cost execution, lifecycle management, validation, and data integrity
• Govern landed-cost methodologies, freight inputs, tariffs, HTS classifications, and related cost components
• Ensure accurate and timely execution of supplier cost changes across systems
• Resolve complex cost issues through financial root-cause analysis and cross-functional coordination
• Define documentation, approval, tracking, and compliance requirements
• Monitor adherence to commercial commitments and eliminate exceptions
• Support audit readiness and maintain appropriate governance records and controls
• Translate sourcing and governance requirements into scalable processes and system capabilities
• Clarify ownership, decision rights, and handoffs across external sourcing and cost-management activities
• Serve as the escalation point for complex sourcing, cost, and governance issues
• Lead, coach, and develop the External Supply Manager and Cost Analyst
• Establish clear objectives, performance expectations, and development plans
• Build team capabilities in sourcing execution, cost governance, analytics, and process improvement
• Foster accountability, collaboration, and continuous improvement
• Present trends, performance insights, and strategic recommendations, helping bring data-driven opportunities to life for business partners.

Skills

External Sourcing Leadership

FDO program

Second-source initiatives

Supplier onboarding

Cost governance

Cross-functional leadership

Education

Bachelor’s degree

MBA or advanced degree

Job description

Advance Auto Parts, Inc. is seeking a Sr. Manager for External Sourcing Strategy & Cost Governance.

The role leads external sourcing programs, establishes governance over item costs, and drives optimization across Merchandising, Sourcing, Finance, IT, and Supply Chain from our Raleigh HQ. Hybrid work arrangement with strong cross-functional impact. The position requires 8+ years in sourcing/procurement with leadership experience, a Bachelor’s in a related field (MBA preferred), and a proven