Manager, Procurement

Manager, Procurement — COE 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 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–$131,400annually,basedonjob relatedfactorsincludingskills,experience,education/training,location,andinternalequity. Subway uses technology assisted tools to support recruitment, strictly to organize and sort applications based on job related qualifications. All decisions are made by people. Questions or requests for an alternative review process are welcome. #J-18808-Ljbffr