Sr. Sourcing Manager

Advance Stores Company•Raleigh, NC

7d•Hybrid

About The Position

The Sr. Sourcing Manager leads external sourcing programs and governs item costs, sourcing processes, and related controls. The role is accountable for the Factory Direct Order (FDO) program, second-source initiatives, distributor programs, cost execution and integrity, and adherence to commercial governance. As a horizontal enterprise leader, the position drives growth, transformation, and execution through collaboration and influence across Merchandising, Strategic Sourcing, Finance, Merchandising Operations, IT, Supply Chain, Compliance, and international sourcing offices. The goal is to improve sourcing execution, maintain accurate enterprise cost data, and strengthen financial and operational controls. The position leads external sourcing programs and plans, oversees supplier onboarding and program implementation, and partners with merchants and category teams to identify sourcing opportunities. It owns the item-cost governance model and oversees SKU cost execution, lifecycle management, validation, data integrity, and landed-cost methodologies. The role also establishes governance for supplier contracts, incentives, rebates, and funding programs, including documentation, approvals, tracking, compliance, audit readiness, and controls. The Sr. Sourcing Manager translates sourcing and governance requirements into scalable processes and system capabilities; clarifies ownership, decision rights, and handoffs; and serves as an escalation point for complex issues. The role leads, coaches, and develops the External Supply Manager and Cost Analyst, establishes objectives and development plans, builds team capabilities, and presents performance insights and strategic recommendations. This is a hybrid position based at the company’s corporate headquarters in Raleigh, North Carolina, with four days in the office and one day remote.

Requirements

8+ years of progressive experience in sourcing, procurement, supply chain, cost governance, business operations, or related functions.
2–3 years in a leadership role.
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.
Strong analytical, problem-solving, and decision-making skills, with experience using data, governance controls, and business insights to improve sourcing and business outcomes.
Experience managing cross-functional initiatives, influencing senior stakeholders, and driving business outcomes through direct and indirect leadership.
Bachelor’s degree in Supply Chain, Finance, Business, or a related field, or an equivalent combination of education and relevant experience.

Nice To Haves

MBA or equivalent advanced degree.

Responsibilities

Lead the Factory Direct Order (FDO), second-source, distributor, and other external sourcing programs.
Develop external sourcing plans aligned with merchandising and enterprise priorities.
Improve 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.
Establish governance processes for supplier contracts, incentives, rebates, and funding programs.
Define documentation, approval, tracking, and compliance requirements for commercial governance.
Monitor adherence to commercial commitments and escalate 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.