Director, Procurement

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 Subway is building a best-in-class Procurement function, and this role is a key Leader. The Director, Procurement will own sourcing strategy, execution and delivery across approximately $200M of corporate spend, with a clear mandate to deliver cost savings that impact EBITDA. Reporting directly to the VP of Procurement, this leader will lead and enhance Subway's sourcing capability, build supplier relationships and category strategies, and influence the business. They will work with VP Procurement, and alongside peers including a new procurement center of excellence. Key relationships will include finance, legal, HR and other senior business stakeholders across the enterprise. This is a high-visibility role, and the right candidate is a proven sourcing operator who can think strategically, execute and deliver quickly, and build credibility fast in an environment where procurement is being established as a strategic enterprise asset for the first time. What You Will Do Sourcing Strategy & Execution Own and lead sourcing strategy across spend categories including Professional Services, HR/Benefits, Finance & Legal, Contingent Workforce, and other enterprise-level categories. IT and Marketing are led by other teams. Design and execute demand management strategies including spend elimination, spend reduction, and spec optimization and standardization to eliminate wasteful spending Develop, lead and execute competitive sourcing events, supplier negotiations, and contract award recommendations in close collaboration with key stakeholders that deliver measurable EBITDA improvement Build and maintain a multi-year category management roadmap aligned to business priorities and savings targets Identify and quantify sourcing opportunities using spend analytics, market benchmarks, and supplier intelligence Savings Delivery & Financial Accountability Own the corporate spending savings pipeline from opportunity identification through contracting and Finance validation and sign-off Deliver 15%+ savings on ~$200M addressable spend, and sustainable annual EBITDA improvement Produce Finance-grade reporting on savings achievement, pipeline status, and delivery confidence partnering closely with FP&A Establish and enforce savings tracking methodology that meets VP Procurement and Finance standards Stakeholder & Supplier Management Build trusted working relationships with senior stakeholders across HR, Finance, Legal, and business unit leadership sourcing decisions happen with the business, not to it Manage strategic supplier relationships, balancing cost, quality, risk, and partnership value over multi-year horizons Lead supplier business reviews and performance management for key suppliers Procurement Function Build-Out 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 p2p technology including spend analytics, CLM, and project tracking tools as the function's digital founda…

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