McKinsey & Company
Associate - Procurement
McKinsey & Company, Newark, New Jersey, us, 07175
Consulting Associate - Procurement
Job ID: 87934Who You'll Work With
You will be working with McKinsey's Product Development & Procurement service line in one of our offices in North America. Our Product Development & Procurement team assists our clients in solving the world's toughest problems. Blending strategic thinking with hands-on practicality, our team of consultants and experts work to develop and implement operational strategies that solve our clients' most critical problems on a global scale.Product Development & Procurement is a rapidly growing service line that helps organizations unlock growth through product and cost transformations, with an emphasis on sustainability, customer experience, and the latest digital and analytical solutions.What You'll Do
You'll be helping our clients transform their organizations through product portfolio, innovation and design, product optimization, category management, and supplier collaboration. In this client-facing role, you'll play a key part in driving process improvement, delivering successful business results, and developing broad based strategies for a diverse set of clients. Examples of the type of work associated with this role could include:Driving product optimization through analytics-to-value/design-to-valueDriving strategic sourcing to capture valueDefining new operating model by optimizing source-to-pay processes through digitally-enabled procurement transformation programsDesigning new organizational structure and reporting relationshipsDeveloping future-focused capabilities and mindsetsInstituting rigorous governance and performance-management methodsYou will typically work in teams of 3-5 consultants, making an important contribution to the analysis, design, and implementation of business performance approaches, developing tailor-made solutions and working closely with clients to ensure positive impact and sustainable results. This includes gathering and analyzing information, formulating and testing hypotheses, and developing recommendations to present to clients. From there, you will implement those recommendations with client team members.In addition, you will work in cooperation with our worldwide network of consultants to shape McKinsey's thinking in this area, continuously developing your own knowledge, as well as that of the firm.Qualifications
Undergraduate degree required, master's degree in engineering, business, operations or related disciplines preferred5+ years of experience in an industry or consulting environment with evidence of a distinctive career trajectoryKnowledge of the full value chain, including purchasing/supply management, product development, manufacturing, lean, etc.Industry expertise in basic materials, consumer packaged goods, chemicals, financial services, healthcare, high-tech, oil & gas, or pharmaceuticals is desiredDemonstrated track record of assessing and driving transformational improvementsHighly skilled in problem solving and analytics with the ability to translate analysis into recommendationsStrong interest and passion for developing, coaching and mentoring othersAbility to work collaboratively in a team environmentStrong people skills and an ability to work effectively with others at all levels in an organizationSkilled in effectively communicating complex ideasComfort with travelApply Now
FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary or hourly range for this role. For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range is $192,000 - $192,000 -to help you understand what you can expect. This reflects our best estimate of the lowest to highest [salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance.Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off.FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites.
#J-18808-Ljbffr
Job ID: 87934Who You'll Work With
You will be working with McKinsey's Product Development & Procurement service line in one of our offices in North America. Our Product Development & Procurement team assists our clients in solving the world's toughest problems. Blending strategic thinking with hands-on practicality, our team of consultants and experts work to develop and implement operational strategies that solve our clients' most critical problems on a global scale.Product Development & Procurement is a rapidly growing service line that helps organizations unlock growth through product and cost transformations, with an emphasis on sustainability, customer experience, and the latest digital and analytical solutions.What You'll Do
You'll be helping our clients transform their organizations through product portfolio, innovation and design, product optimization, category management, and supplier collaboration. In this client-facing role, you'll play a key part in driving process improvement, delivering successful business results, and developing broad based strategies for a diverse set of clients. Examples of the type of work associated with this role could include:Driving product optimization through analytics-to-value/design-to-valueDriving strategic sourcing to capture valueDefining new operating model by optimizing source-to-pay processes through digitally-enabled procurement transformation programsDesigning new organizational structure and reporting relationshipsDeveloping future-focused capabilities and mindsetsInstituting rigorous governance and performance-management methodsYou will typically work in teams of 3-5 consultants, making an important contribution to the analysis, design, and implementation of business performance approaches, developing tailor-made solutions and working closely with clients to ensure positive impact and sustainable results. This includes gathering and analyzing information, formulating and testing hypotheses, and developing recommendations to present to clients. From there, you will implement those recommendations with client team members.In addition, you will work in cooperation with our worldwide network of consultants to shape McKinsey's thinking in this area, continuously developing your own knowledge, as well as that of the firm.Qualifications
Undergraduate degree required, master's degree in engineering, business, operations or related disciplines preferred5+ years of experience in an industry or consulting environment with evidence of a distinctive career trajectoryKnowledge of the full value chain, including purchasing/supply management, product development, manufacturing, lean, etc.Industry expertise in basic materials, consumer packaged goods, chemicals, financial services, healthcare, high-tech, oil & gas, or pharmaceuticals is desiredDemonstrated track record of assessing and driving transformational improvementsHighly skilled in problem solving and analytics with the ability to translate analysis into recommendationsStrong interest and passion for developing, coaching and mentoring othersAbility to work collaboratively in a team environmentStrong people skills and an ability to work effectively with others at all levels in an organizationSkilled in effectively communicating complex ideasComfort with travelApply Now
FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary or hourly range for this role. For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range is $192,000 - $192,000 -to help you understand what you can expect. This reflects our best estimate of the lowest to highest [salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance.Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off.FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites.
#J-18808-Ljbffr