Sr. Manager, Sourcing

Advance Auto Business Support (300); Raleigh (NC); Hybrid; USD 150,000 - 230,000; Full time

Job summary

Advance Auto Parts, Inc. seeks a Sr. Manager, Material Cost Optimization & Negotiation Support to lead cost-improvement analytics and vendor negotiations.

You will transform complex data into strategic negotiation playbooks, oversee a team of analysts, and ensure actionable insights drive margin expansion. You will own end-to-end cost-tracking, quantify savings, and report to executive leadership, partnering with Merchandising and Finance to embed MCO targets into strategic plans.

Qualifications

• Expertise in negotiation strategies and should-cost modeling.
• Advanced understanding of global trade mechanics and HTS codes.
• Ability to influence executive decisions using data-driven storytelling.

Responsibilities

• Lead vendor negotiations and develop playbooks leveraging should-cost modeling and benchmarks.
• Develop dynamic tracking models for raw materials, currency, and landed costs.
• Own end-to-end tracking of cost-improvement initiatives and report savings to executives.
• Mentor a team of analysts and manage workload across sourcing events and cost projects.
• Synthesize complex data into executive summaries and actionable plans.

Skills

Negotiation tactics

Should-cost modeling

Global trade mechanics

HTS codes

Duty mitigation

Commodity indexing

Data storytelling

Data synthesis

Project management

Education

Bachelor’s Degree in Finance/Business/Data Analytics

Job description

Job 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: None Experience: 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/benefits

Company 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.

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also served 1,125 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.