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Advance Auto Parts · 3 hours ago

Business Analyst, Material Cost Optimization

Raleigh, NC

Full-time

Onsite

Mid, Senior Level

4+ years exp

Advance Auto Parts is seeking a Business Analyst for their Material Cost Optimization team. The role involves creating informed views of cost and margin opportunities and leading cost improvement initiatives to enhance the performance of direct spend categories.

AutomotiveRetail

Responsibilities

Support the Category Management function as the organization’s expert on cost of merchandise and total contribution (margin) improvement strategies for the assigned product categories

Relentlessly focus on delivering optimal product cost from an analytical and negotiation lens, staying abreast of developments impacting automotive aftermarket vendors and competitors

Research, collect, scrutinize, synthesize, and update information from various internal and external data sources to inform models and analyses

Develop and communicate compelling analytics and strategies to inform effective negotiations

Demonstrate consistent attention to detail and commitment to accuracy

70%] Sourcing Events (RFx): Strategy, Project Management, Presentation Materials, and Analysis

[20%] Vendor Cost Change Request Analysis and Response Development

[10%] Ad-hoc analysis or initiatives supporting total economic contribution

Qualification

Analytical skillsSQLProblem solvingExcelPowerPointERP systemsBI toolsNegotiation skillsStrategic orientationCommunication skillsAttention to detail

Required

Strong problem solving and analytical skills: ability to identify, quantify, and assess opportunities critically, analytically, and pragmatically

Ability to create valid recommendations from analysis, considering input from stakeholders

Excellent verbal and written communication skills with the ability to tailor messages to the given audience, present information in a clear and concise manner

Ability to zoom in and out, applying the appropriate level of focus, output depending on stakeholder requirements and competing priorities

Strategic orientation, inquisitive, comfortable with ambiguity, and self-motivated to identify trends and improvement opportunities aligned with business objectives and strategic plans

Intermediate to advanced Excel and PowerPoint skills; ability to learn new programs and tools

SQL or other data query language experience

Knowledge of cost modeling techniques

Bachelor's Degree in relevant discipline (ex. Business, Finance, Data & Analytics with Business Major); and 4-7 years' experience in Finance, Strategic Sourcing, Pricing, Manufacturing, Supply Chain, or similar domain; or an equivalent combination of education and experience