Manager, Procurement - COE

Franchise World Headquarters, LLC

Shelton, CT

Position Overview

The Manager, Procurement - Corporate Spend Sourcing will own sourcing execution and delivery within a defined portion of Subway's ~$175M in indirect corporate spend, with a clear mandate to contribute to the function's 15% realized P&L savings target. This is not a cost avoidance role - results are measured in Finance-validated, bottom-line EBITDA impact. Reporting directly to the Director, Procurement, this manager will execute sourcing strategy within assigned corporate indirect categories, build supplier relationships, and serve as a hands-on driver of EBITDA delivery for Subway's Procurement transformation. The right candidate is a proven sourcing operator who executes quickly, manages suppliers with rigor, and builds credibility fast in an environment where procurement is being established as a strategic enterprise asset for the first time.

Responsibilities
• Lead sourcing execution within assigned corporate indirect spending categories such as Professional Services, HR/Benefits, Finance & Legal, or Contingent Workforce, under the category roadmap set by the Director; support demand management strategies including spend elimination, spend reduction, and spec optimization and standardization within assigned categories.
• Develop, lead, and execute competitive sourcing events, supplier negotiations, and contract award recommendations in close collaboration with key stakeholders; identify and quantify sourcing opportunities using spend analytics, market benchmarks, and supplier intelligence; contribute to the multi-year category management roadmap, aligning execution to business priorities and savings targets.
• Own execution of the savings pipeline for assigned categories from opportunity identification through contracting and Finance validation; deliver an assigned share of the 15% savings target on addressable spend; produce Finance-grade reporting on savings achievement, pipeline status, and delivery confidence in close partnership with FP&A; apply the savings tracking methodology established by the Director and Finance, flagging risks to delivery early.
• Build trusted working relationships with stakeholders across HR, Finance, Legal, and business unit leadership so sourcing decisions happen with the business, not to it; manage supplier relationships within assigned categories balancing cost, quality, risk, and partnership value; lead supplier business reviews and performance management for key suppliers.
• Partner with the Director, Procurement to apply sourcing processes, templates, governance, and policy standards for the corporate spend pillar; support the selection and use of procurement technology including spend analytics, CLM, and project tracking tools; mentor and provide day-to-day guidance to sourcing analysts or coordinators supporting assigned categories.

Qualifications
• Strategic sourcing expertise: RFx design, competitive bidding, and negotiation within assigned indirect spend categories.
• Category management capability: experience executing multi-year roadmaps across indirect categories such as Professional Services, HR/Benefits, Finance & Legal, or Contingent Workforce.
• Financial acumen: ability to build supplier business cases, model TCO, and translate savings activity to EBITDA impact - not cost avoidance.
• Proficiency with spend analytics tools and spend cube data to identify opportunity, track execution, and validate savings with Finance.
• Contract management experience: authoring, redlining, and managing supplier agreements; understanding of commercial risk and liability.
• Experience with eSourcing platforms and procurement technology (Spend Analytics and CLM required).
• Executive presence: comfortable presenting to senior stakeholders; able to translate procurement value into business language.
• Proven stakeholder influence: earns credibility and drives alignment across functions without direct authority.
• Principled negotiator who can manage supplier relationships while protecting long-term partnership value.
• Comfortable operating in a build-from-scratch environment; able to establish structure and process within assigned categories where little exists.
• Bachelor's degree required.
• 6+ years of procurement and strategic sourcing experience, including hands-on ownership of sourcing events and negotiations.
• Demonstrated track record of delivering realized EBITDA savings on indirect spend categories.
• Experience operating in a fast-paced or evolving procurement environment.

Preferred Qualifications
• MBA or advanced degree.
• CPM, CPSM, or equivalent procurement certification.
• Experience with a global restaurant, QSR, Retail, CPG, or franchise brand.
• Experience supporting the selection or implementation of eSourcing, CLM, or spend analytics platforms.

What do we offer?
• Insurance Plans (Medical, Life)
• Pension/401K/RSP (country specific)
• Competitive Bonus
• Mobility Allowance
• Tuition Reimbursement
• Company Holidays
• Volunteering time
• And More.....

Compensation: $105,000-$131,400 annually, based on job related factors including skills, experience, education/training, location, and internal equity.