Director, Procurement — Marketing Spend Sourcing

Director Procurement Marketing 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 whats next.

Position Overview

Subway is building a best-in-class Procurement function and this role is a key leader within it. The Director Procurement will own sourcing strategy execution and delivery across approximately $450M in marketing spend with a clear mandate to deliver value back to our franchise system by freeing up cash for reinvestment.

Reporting directly to the VP of Procurement this hands-on roll-up-your-sleeves leader will elevate Subways marketing sourcing capability build supplier relationships and category strategies and influence the business. Key relationships will include Finance Legal and senior business stakeholders across the enterprise as well as peers in a new Procurement Center of Excellence.

This is a high-visibility role for 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.

Responsibilities

Sourcing Strategy & Execution

Own and lead sourcing strategy across all marketing spending categories including: Product Marketing (featured sandwiches promotions) Brand Marketing (overall brand awareness) Digital Marketing (social media online ads website) Performance/Growth Marketing (paid acquisition) Shopper/Retail Marketing (in-store promotions POS) Content Marketing (social content recipes) Influencer & Partnership Marketing (influencer campaigns) Customer Marketing (loyalty program) Events & Experiential Marketing (sponsorships local events) and PR & Communications (press brand reputation).

Design and execute strategies to optimize our marketing spending.

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 key performance targets.

Identify and quantify opportunities using spend analytics market benchmarks and supplier intelligence.

Financial Accountability

Own the marketing spending savings pipeline from opportunity identification through contracting and Finance validation and sign-off.

Produce Finance-grade reporting on cost avoidance achievement pipeline status and delivery confidence in close partnership with FP&A.

Establish and enforce a tracking methodology that meets VP Procurement and Finance standards.

Stakeholder & Supplier Management

Build trusted working relationships with senior stakeholders across marketing 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 over multi-year horizons.

Lead supplier business reviews and performance management for strategic suppliers.

Procurement Function Build-Out

Partner with the VP of Procurement and peers to establish sourcing processes templates governance and policy standards for the marketing spend pillar.

Contribute to the selection and implementation of procurement P2P technology including spend analytics CLM and project tracking tools as the functions digital foundation is built.

Manage and develop direct report.

Qualifications

Experience & Background

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

Demonstrated track record of delivering realized savings and financial value on large dispersed marketing spend portfolios.

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

Proven ability to lead and operate at the executive level.

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

CPM CPSM or equivalent procurement certification a plus.

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$163000-$203800annually

Paywithinthisrangewillbedeterminedingoodfaithbasedonjob-relatedfactorswhichmayincludeskillsexperienceeducation/traininglocationandinternalequity.

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Required Experience:

Director