Genuine Parts Company

Associate Manager, Procurement

Genuine Parts Company$70K — $95K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Business, Supply Chain, or related field.
  • 3-6 years of experience in procurement, cost management, sourcing or manufacturing cost analysis.
  • Experience supporting supplier negotiations and cost reduction initiatives.
  • Strong financial acumen and advanced Excel modeling.
  • Understanding of manufacturing processes, product cost drivers, and supply chain dynamics.
  • Strong analytical and cross-functional collaboration skills.

Responsibilities

  • Support end-to-end cost management across assigned categories.
  • Protect and improve category level cost position by managing cost management pipeline.
  • Identify and validate cost reduction opportunities aligned with annual targets.
  • Monitor cost performance and escalate risks or variances as needed.
  • Prepare data-driven negotiation packages and conduct supplier negotiations.
  • Analyze total cost of ownership and support RFQ processes.
  • Develop and maintain detailed cost models to forecast product cost changes.

Benefits

  • Opportunities for cross-functional collaboration with various teams.
  • Engagement in strategic cost management initiatives.
  • Involvement in negotiating with global suppliers.
  • Access to advanced analytics through BI tools and ERP systems.
  • Contribution to continuous cost improvement projects.
Full Job Description
Job Overview

The Associate Procurement Manager - Cost Management supports the execution of strategic cost management initiatives across assigned product categories within a multi-billion-dollar global supplier network.

This role is responsible for managing cost management pipeline of assigned categories, supporting supplier negotiations, developing cost models and performing should-cost analysis. This position partners closely with Category Management, Engineering, Sourcing, and Pricing teams to deliver year-over-year cost improvements aligned with enterprise objectives.

Key Responsibilities

1. Category-Level Cost Management
  • Support end-to-end cost management across assigned categories within a global supplier network.
  • Protect and Improve category level cost position by actively managing cost management pipeline.
  • Identify and validate cost reduction opportunities aligned with annual cost-out targets.
  • Monitor cost performance against budget and escalate risks, variances, or supply impacts as needed.


2. Negotiation & Supplier Engagement
  • Prepare data-driven negotiation packages, cost baselines, and scenario analyses.
  • Conduct structured, fact-based supplier negotiations to achieve optimal cost outcomes.
  • Collaborate with Category and Sourcing teams to align negotiation strategies with broader procurement objectives.
  • Analyze total cost of ownership (TCO), including logistics, duties, packaging, and overhead.
  • Support RFQ and tender processes by establishing cost benchmarks.


3. Cost Modeling & Should-Cost Analysis
  • Develop and maintain detailed cost models to analyze and forecast product cost changes
  • Conduct should-cost analysis and support product teardown reviews in partnership with Engineering.


4. Cross-Functional Collaboration
  • Partner with Engineering to understand cost drivers and manufacturing inputs.
  • Support Category Managers with cost insights that inform sourcing strategy.
  • Provide reporting and dashboards for cost management initiatives.
  • Contribute to cross-functional initiatives focused on inflation management and continuous cost improvement.


Required Qualifications & Experience
  • Bachelor's degree in Engineering, Business, Supply Chain, or related field.
  • 3-6 years of experience in procurement, cost management, sourcing or manufacturing cost analysis.
  • Experience supporting supplier negotiations and cost reduction initiatives.
  • Strong financial acumen and advanced Excel modeling.
  • Understanding of manufacturing processes, product cost drivers, and supply chain dynamics.
  • Strong analytical and cross-functional collaboration skills.


Preferred Qualifications
  • Automotive or manufacturing industry experience.
  • Exposure to global commodity markets and cost indices.
  • Experience with BI tools, ERP systems, or cost modeling platforms.
  • MBA or advanced certification a plus (e.g. Lean, Six Sigma).


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About Genuine Parts Company

Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company operates in four: Automotive Parts Group, Industrial Parts Group, Office Products Group and Electrical/Electronic Materials Group. The Automotive Parts Group distributes automotive parts and accessory items. In addition to over 427,000 available part numbers, the Company offers inventory, cataloging, marketing, training and other programs in the automotive aftermarket. The Industrial Parts Group is operated as Motion Industries, Inc. (Motion), a wholly owned subsidiary of the Company. During the year ended December 31, 2012, the Company's business were conducted throughout the United States, in Canada and in Mexico from approximately 2,000 locations. On February 1, 2012, the Company acquired Light Fabrications Inc.

Genuine Parts Company Careers

There has never been a more exciting time to explore job opportunities at Genuine Parts Company, a global leader in the distribution of automotive and industrial parts. Our team is growing, and we are looking for skilled professionals eager to drive innovation and lead in the industry. Work You’ll Do Join Genuine Parts Company’s dynamic team to help advance our mission of distributing quality parts and services across the globe. As part of our team, you will engage in meaningful work that supports automotive and industrial advancements and sustainability. Transform your career with opportunities for growth and leadership in a company that values diversity and inclusion. At Genuine Parts Company, we believe in empowering our employees with the tools and training necessary to excel in their professional journey. Lead with Impact At Genuine Parts Company, you are positioned to lead at the intersection of industry expertise, operational excellence, and digital innovation. Work alongside a dedicated team of over 50,000 employees worldwide who are committed to fostering a culture of collaboration and innovation. Collaborate with industry experts and enhance your professional network through our extensive networking events and professional development programs. Our commitment to diversity training ensures an inclusive environment where all ideas are valued. Introducing Genuine Parts Company Career Development We are committed to building a supportive environment where you can grow your career. Genuine Parts Company offers a variety of job opportunities, from entry-level positions to leadership roles, each with competitive benefits and the potential for growth. Do Innovative Work Join a team where innovation is at the heart of everything we do. Genuine Parts Company is a place where you can bring your unique skills and perspectives to tackle challenging projects and drive significant impact. Be Part of a Great Team Experience a culture that champions teamwork, leadership, and professional growth. Our team at Genuine Parts Company thrives on collaboration and the shared pursuit of excellence in the automotive and industrial sectors. Future-Proof Your Career Advance your career with Genuine Parts Company, where we offer a range of job opportunities and the support you need to succeed. From internships to full-time positions, our roles are designed to challenge you and foster your professional growth. Explore Discover the various career paths available at Genuine Parts Company and find the perfect match for your skills and interests. Whether you are updating your resume, preparing for an interview, or seeking a leadership role, we provide the resources to support your aspirations. The Genuine Parts Company Difference Our commitment to innovation, leadership, and diversity sets us apart in the industry. Join us and contribute to a team that is dedicated to providing outstanding service and quality parts to our customers worldwide. Stay Connected Join Our Team Search open positions that match your skills and interest. We look for passionate, curious, creative, and solution-driven team players. SEARCH GENUINE PARTS COMPANY JOBS Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Genuine Parts Company.
Learn more about Genuine Parts Company
Size
52,000 employees
Market Cap
$24.7 billion
Industry
Net Income
-$29.1 million
Founded
1925
5 Year Trend
+4.2%
Revenue
$16.5 billion
NASDAQ

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