Sr. Manager, Sourcing

Advance-Auto-Parts; Raleigh (NC); Hybrid; USD 140,000 - 190,000; Full time

Benefits offered by this job

Health & wellness benefits

Hybrid work arrangement

Job summary

Advance Auto Parts in Raleigh, NC seeks a Sr. Manager, Material Cost Optimization & Negotiation Support to lead cost-savings initiatives for merchandising.

You will oversee analysts, develop should-cost models, and translate data into actionable negotiation playbooks, ensuring margin expansion while managing cross-functional partnerships.

Qualifications

• Expert-level negotiation tactics and should-cost modeling.
• Advanced understanding of global trade mechanics beats and tariff impact.
• Proven ability to influence executive decision-making through data-driven storytelling.

Responsibilities

• Develop comprehensive vendor negotiation playbooks leveraging should-cost models and benchmarking.
• Lead cost-improvement initiatives and track savings against P&L for executive review.
• Manage and mentor a team of analysts across sourcing events and cost-change requests.
• Synthesize complex data into executive summaries and actionable plans.

Skills

Negotiation tactics

Should-cost modeling

Data storytelling

Team leadership

Education

Bachelor's degree in Finance/Business

MBA preferred

Tools

SQL

Excel

Job description

Job DescriptionJob Summary: The Sr. Manager, Material Cost Optimization & Negotiation Support serves as the organization’s lead subject matter expert (SME) in value capture, transforming complex data (including SQL databases, commodity indices, and global economic factors) into high-impact negotiation strategies for merchandising product categories. This leader oversees a team of analysts to architect the organizations should-cost models, equipping the Merchandising team with the technical insights and defensive intelligence necessary to navigate high-stakes vendor engagements. By fostering a culture of analytical excellence and building deep cross-functional trust, this role ensures that cost-improvement initiatives are rigorously tracked and that stakeholders are prepared to deliver effective, data-driven messaging that maximizes margin expansion and mitigates cost increases.Key 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.Qualifications:Expert-level understanding of negotiation tactics and should-cost modeling; proven ability to coach teams on how to pivot strategies based on vendor behavior and market shifts.Advanced understanding of global trade mechanics, including Harmonized Tariff Schedule (HTS) codes, duty mitigation strategies, and commodity exchange indexing.Proven ability to influence executive decision-making through data-driven storytelling.Expertise in synthesizing disparate data sources into actionable financial strategies.High proficiency in managing complex, multi-variable projects with the ability to zoom in on data integrity and zoom out for executive-level strategy.Certifications, Experience, and Education:Certifications: NoneExperience: 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.Education: Bachelor’s Degree in Finance, Business, Data Analytics, or a related quantitative field; OR relevant work-related experience. MBA or advanced degree preferred.Location & Work Availability:This position is Hybrid (4 days in office, 1 day remote), based at our corporate headquarters in Raleigh, North Carolina.Benefits Summary:We believe in supporting our Team Members and those they love through comprehensive health & wellness benefits. Learn more here: https://jobs.advanceautoparts.com/us/en/benefitsCompany Overview:Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of January 3, 2026, Advance operated 4,305 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The Company also served 809 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age national origin, religion, sexual orientation, gender identity, status as a veteran and basis of disability or any other federal, state, or local protected class.We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age national origin, religion, sexual orientation, gender identity, status as a veteran and basis of disability or any other federal, state or local protected class. We comply with all applicable federal, state, and local laws.California Residents click below for Privacy Notice:https://jobs.advanceautoparts.com/us/en/disclosures