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Director, Procurement - Corporate Spend Sourcing

Franchise World Headquarters, LLC

Shelton, CT

Why Join Subway?

At Subway, we are not standing still. We are building.

This is a business focused on what matters most: growing franchisee profitability, strengthening our brand and creating long-term value. The people who thrive here are the ones who want to make a real impact.

You will not just do the work. You will shape it.

We move fast. We think like owners. We make decisions that matter. We hold ourselves to a high standard because what we do directly impacts thousands of franchisees around the world.

If you bring energy, accountability and a bias for action, you will fit right in.

We take the work seriously, but we also know the best results come from teams that support each other, celebrate wins and show up ready to build something better every day.

This is your chance to be part of what's next.

Position Overview

The Director, Procurement - Corporate Spend Sourcing will own sourcing strategy, execution, and delivery across approximately $175M in indirect corporate spend, with a mandate to deliver 15% realized savings - approximately $25M in sustainable annual EBITDA improvement - back to the franchise system. Reporting directly to the VP of Procurement, this leader will build and execute category strategies across Professional Services, HR/Benefits, Finance & Legal, Contingent Workforce, and related enterprise categories, and will recruit and develop the corporate spend sourcing team. This is a high-visibility, greenfield role: Subway's Procurement function is in early transformation with full CEO and CFO sponsorship, and the right candidate is a proven sourcing operator who can think strategically, execute quickly, and build credibility in an environment where procurement is being established as a strategic enterprise asset for the first time.

Responsibilities

* Own and lead sourcing strategy across all assigned corporate indirect spending categories including Professional Services, HR/Benefits, Finance & Legal, Contingent Workforce, and other enterprise-level categories; design and execute demand management strategies including spend elimination, spend reduction, and spec optimization and standardization.

* Develop, lead, and execute competitive sourcing events, supplier negotiations, and contract award recommendations in close collaboration with key stakeholders; build and maintain a multi-year category management roadmap aligned to business priorities and savings targets; identify and quantify opportunities using spend analytics, market benchmarks, and supplier intelligence.

* Own the corporate spending savings pipeline from opportunity identification through contracting and Finance validation; deliver 15% savings on ~$175M addressable spend, targeting $25M in sustainable annual EBITDA improvement; produce Finance-grade reporting on savings achievement, pipeline status, and delivery confidence in close partnership with FP&A; establish and enforce savings tracking methodology that meets VP Procurement and Finance standards.

* Build trusted working relationships with senior stakeholders across HR, Finance, Legal, and business unit leadership so sourcing decisions happen with the business, not to it; manage strategic supplier relationships balancing cost, quality, risk, and partnership value; lead supplier business reviews and performance management for key suppliers.

* Partner with the VP of Procurement and peers to establish sourcing processes, templates, governance, and policy standards for the corporate spend pillar; contribute to the selection and implementation of procurement technology including spend analytics, CLM, and project tracking tools; recruit, develop, and lead any additions to the corporate spend sourcing team.

Qualifications

* Strategic sourcing expertise: end-to-end RFx design, competitive bidding, and negotiation across a broad portfolio of indirect categories including Professional Services, HR/Benefits, Finance & Legal, and Contingent Workforce.

* Category management capability: multi-year roadmaps across a portfolio of corporate indirect categories.

* Financial acumen: ability to build supplier business cases, model TCO, and translate savings 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 knowledge: authoring, redlining, and managing complex multi-year 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 and translating procurement value into business language, including board-ready materials.

* Proven stakeholder influence: earns credibility and drives alignment across functions without direct authority.

* Principled negotiator who can manage high-stakes supplier relationships while protecting long-term partnership value.

* Builder mentality: thrives in a greenfield environment; able to establish structure, process, and governance where little exists.

* Team leadership: experience developing and motivating procurement talent; models accountability and high standards.

* Bachelor's degree required.

* 12+ years of progressive procurement and strategic sourcing experience, with at least 8 years in a senior leadership role.

* Demonstrated track record of delivering realized EBITDA savings on large, dispersed indirect spend portfolios.

* Experience driving or supporting the transformation of a procurement function - not just operating within a mature one.

Preferred Qualifications

* MBA or advanced degree preferred; equivalent work experience with demonstrated and sustained financial delivery considered.

* CPM, CPSM, or equivalent procurement certification.

* Experience with a global restaurant, QSR, Retail, CPG, or franchise brand.

* Experience selecting and implementing procurement technology including eSourcing, CLM, and 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:Thebasepayrangeforthisroleis$163,000-$203,800annually

Paywithinthisrangewillbedeterminedingoodfaithbasedonjob-relatedfactors,whichmayincludeskills,experience,education/training,location,andinternalequity.

Subwayusestechnologyassistedtoolstosupportourrecruitmentprocess.Thesetoolsstrictlyhelporganizeandsortapplicationsbasedonjob-relatedqualifications.Alldecisionsaremadebypeople-ourrecruitingteamandhiringmanagers.Ifyouhavequestionsorwouldliketorequestanalternativereviewprocess,pleaseletusknow.