Director, Marketing Sourcing

Company: National Black MBA Association
Location: Chicago
Posted on: February 18, 2025

Job Description:

Company DescriptionMcDonald's is proud to be one of the most recognized brands in the world, with restaurants in over 100 countries that serve 70 million customers daily. We continue to operate from a position of strength. Our updated growth strategy is focused on staying ahead of what our customers want and realizing further growth potential. Our relentless ambition is why McDonald's remains one of the world's leading corporations after almost 70 years. Joining McDonald's means thinking big and preparing for a career that can have influence around the world.At McDonald's, we see every day as a chance to create positive impact. We lead through our values centered on inclusivity, service, integrity, community, and family. From support of Ronald McDonald House Charities to our Youth Opportunity project and sustainability initiatives, our values keep us dedicated to using our scale for good: good for our customers, people, industry, and planet. We also offer a broad range of outstanding benefits including a sabbatical program, tuition assistance, and flexible work arrangements.Job DescriptionAre you interested in being a part of a transformation to build an outstanding sourcing function? Do you have experience in leading strategic sourcing initiatives across critical business categories? Do you want to work alongside senior leadership in a high-impact, fast-paced environment to drive tangible results and help shape the future of McDonald's?McDonald's has set an ambition to become a Global Indirect Sourcing and Procurement leader. To make this happen, we are standing up a new Global Indirect Sourcing and Procurement Organization (IS&P). This organization will help McDonald's to better use our scale and unlock sustainable value for our company and communities. We are redefining our Indirect Sourcing and Procurement capabilities, processes, solutions, and ways of working to create One McDonald's Way of buying Indirect goods and services responsibly.This role presents an exceptional career opportunity to be a part of this journey as the Marketing Sourcing Director/Lead. This role is a critical leadership position and will lead the end-to-end global Marketing Sourcing capability, supporting McDonald's in its journey to becoming a Global Indirect Sourcing and Procurement leader.Reporting to the VP, Indirect Sourcing & Procurement, the role is responsible for development of the global Marketing sourcing strategy, focused on improving McDonald's investments via best-in-class sourcing across Creative Agencies, Media Planning & Buying, and Events & Sponsorships. It is expected that this role works closely with Global executive partners to understand their requirements, provide recommendations and drive innovation to ultimately propel the business forward.Responsibilities:

• Lead Category Strategy Development: Develop and implement sourcing strategies for sub-categories within Creative Agencies, Media Planning & Buying, and Events & Sponsorships, ensuring alignment with the broader business goals and objectives of McDonald's.
• Strategic Sourcing: Competitively source through engagement of strategic suppliers (i.e., RFx) and application of industry knowledge. Ensure all sourcing projects have clear objectives including financial and operational benefits, aligned with business partners.
• Team Support & Development: Guide and mentor a high-performing sourcing team, setting clear goals, providing development opportunities, and fostering a culture of excellence.
• Stakeholder Collaboration: Collaborate with key internal partners to understand business needs and create tailored sourcing strategies that deliver value across the McDonald's global organization.
• Category Leadership Support: Lead the development and execution of strategic category plans, finding opportunities for cost savings, risk mitigation, and process optimization within the sub-categories.
• Savings Identification & Tracking: Accountable for driving annual savings within the category through demonstrating market intelligence analysis. Includes the identification of savings opportunities & valuation and ongoing monitoring / reporting of saving initiatives (e.g., by vendor / category).
• Negotiation & Contract Management: Support negotiations to ensure favorable contract terms that meet business requirements and assist with the execution of complex agreements and SLAs.
• Drive Innovation: Contribute to sourcing initiatives that drive innovation, cost savings, and operational efficiency in line with the company's broader business strategies.
• Risk & Compliance Management: Partner with Enterprise teams to ensure sourcing strategies and supplier relationships align with McDonald's compliance requirements and risk management frameworks.
• Continuous Improvement: Support continuous improvement efforts, evaluating sourcing processes, performance metrics, and benchmarks to optimize sourcing outcomes.
• Performance Motivation: Assist in identifying training needs and growth opportunities within the team, ensuring the development of future sourcing leaders and building a best-in-class function.Benefits eligible: YesBonus eligible: YesLong term incentive eligible: YesThe expected salary range for this role is: $168,350 - $218,860 per yearThe above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors.Qualifications:
  • Minimum 4-year degree, MBA preferred
  • 7+ years of relevant experience in sourcing in a highly complex environment and Global landscape
  • 3+ years experience leading teams and managing multiple projects
  • Experience in conducting influential discussions with executive leaders
  • Skills: Strategic Thinking, Executive Presence / Communications, Collaborator Management, Vendor Management, Advanced Sourcing, Contracting Knowledge, Mentoring and Coaching, Project ManagementAdditional Information:Benefits eligible: This position offers health and welfare benefits, a 401(k) plan, adoption assistance program, educational assistance program, flexible ways of working, and time off policies (including sick leave, parental leave, and vacation/PTO). Eligibility requirements apply to some benefits and may depend on job classification and length of employment.Bonus eligible: This position is eligible for a bonus, calculated based on individual and company performance.Long term Incentive eligible: This position is eligible for stock or other equity grants pursuant to McDonald's long-term incentive plan.McDonald's is an equal opportunity employer committed to the diversity of our workforce. We promote an inclusive work environment that creates feel-good moments for everyone. McDonald's provides reasonable accommodations to qualified individuals with disabilities as part of the application or hiring process or to perform the essential functions of their job. If you need assistance accessing or reading this job posting or otherwise feel you need an accommodation during the application or hiring process, please contact mcdhrbenefits@us.mcd.com. Reasonable accommodations will be determined on a case-by-case basis.McDonald's provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to sex, sex stereotyping, pregnancy (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), race, color, religion, ancestry or national origin, age, disability status, medical condition, marital status, sexual orientation, gender, gender identity, gender expression, transgender status, protected military or veteran status, citizenship status, genetic information, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.Nothing in this job posting or description should be construed as an offer or guarantee of employment.
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Keywords: National Black MBA Association, Chicago , Director, Marketing Sourcing, Executive , Chicago, Illinois