Senior Sourcing Lead - Cost Optimization & Negotiation

Socket.dev; Raleigh (NC); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

Hybrid work model (4 days in office)

Benefits package

Job summary

Advance Auto Parts, Inc. in Raleigh, NC, seeks a Sr. Manager, Material Cost Optimization & Negotiation Support to lead cost-improvement initiatives across merchandising categories. You will build should-cost models, guide negotiations, and mentor analysts to translate data into strategic actions for margin expansion.

The role demands 8–10+ years in strategic sourcing or finance, strong leadership, and deep expertise in global trade, tariffs, and value capture. Hybrid work arrangement.

Qualifications

• 8-10+ years of progressive experience in Strategic Sourcing, Finance, or Supply Chain, including 2-3 years in a leadership role.
• Significant experience in negotiation preparation and global trade/tariff impact is essential.
• Bachelor's Degree in Finance, Business, Data Analytics, or a related quantitative field; MBA or advanced degree preferred.

Responsibilities

• Negotiation Strategy & SME Support: Act as the lead consultant for the Category Management function, developing comprehensive playbooks for vendor negotiations that leverage should-cost modeling, teardown analytics, and competitive benchmarking.
• Commodity & Tariff Intelligence: Lead the development of dynamic tracking models for raw materials, and currency; help quantify the financial impact of tariffs and trade policy changes to provide a real-time, defensible view of landed costs.
• Value Capture Tracking: Own the end-to-end tracking of cost-improvement initiatives, ensuring that negotiated savings and margin enhancements are accurately quantified, validated against the P&L, and reported to executive leadership.
• Team Leadership & Development: Direct and mentor a team of analysts, managing workload prioritization across sourcing events, cost change requests, and cost improvement projects while fostering a collaborative environment for professional growth.
• Executive Communication & Presentation: Synthesize complex technical data into high-level executive summaries and negotiation materials that clearly articulate value, risk, and recommended action plans.
• Process Architecture & Innovation: Drive the evolution of MCO capabilities by implementing advanced analytics tools and refining methodologies for tracking global economic factors and automotive aftermarket benchmarks.
• Cross-Functional Partnership: Build deep trust with Merchandising leadership and Finance to ensure MCO targets are integrated into the strategic plan.

Skills

Should-cost modeling

Negotiation strategy

Data analysis

Cross-functional leadership

Executive storytelling

Education

Bachelor's in Finance/Business/Data Analytics

MBA preferred

Tools

SQL

Excel

ERP systems

Job description

Advance Auto Parts, Inc. in Raleigh, NC, seeks a Sr. Manager, Material Cost Optimization & Negotiation Support to lead cost-improvement initiatives across merchandising categories. You will build should-cost models, guide negotiations, and mentor analysts to translate data into strategic actions for margin expansion.

The role demands 8–10+ years in strategic sourcing or finance, strong leadership, and deep expertise in global trade, tariffs, and value capture. Hybrid work arrangement.