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Fellow - Product Development and Procurement

McKinsey & Company

McKinsey & Company

Product, Operations
Chicago, IL, USA
Posted on Tuesday, October 3, 2023

Fellow - Product Development and Procurement

  • Atlanta
  • Chicago

Who You'll Work With

You will be based in Atlanta or Chicago as part of our Product Development & Procurement service line in North America.
Our Product Development and 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 and 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 a thought leader and skilled practitioner, focused on 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-value, driving strategic sourcing to capture value, defining new operating model by optimizing Source-to-Pay processes through digitally-enabled procurement transformation programs, designing new organizational structure and reporting relationships, developing future-focused capabilities and mindsets, and/or instituting rigorous governance and performance-management methods.
You 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.
You will make a meaningful, hands-on contribution by 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 this exciting collaborative culture, not only will you have the opportunity to work directly with clients, you will also share your expertise and insights with colleagues globally, thereby expanding our knowledge and refining our approaches in the field of product development and procurement. 


  • Bachelor’s students graduating spring/summer 2024 with engineering or supply chain focus preferred 
  • Industry awareness in basic materials, chemicals, financial services, healthcare, high-tech, oil & gas, or pharmaceuticals is desired 
  • Demonstrated track record of assessing and driving transformational improvements 
  • Knowledge of the full value chain, including purchasing/supply management, product development, manufacturing, lean, etc. 
  • Demonstrated aptitude for analytics 
  • Proven record of leadership in a work setting and/or through extracurricular activities 
  • Ability to work collaboratively in a team environment 
  • Ability to work effectively with people at all levels in an organization 
  • Skills to communicate complex ideas effectively 
  • Comfortable with travel  
Apply Now
Job Skill Group - N/A
Job Skill Code - JPA - Junior Specialist A
Function - Operations
Industry - Consumer Packaged Goods;Healthcare Systems & Services;High Tech;Industrials & Electronics;Metals & Mining;Public Sector;Retail;Semiconductors;Travel, Transport & Logistics
Post to LinkedIn - Yes
Posted to LinkedIn Date - Tue Oct 10 00:00:00 GMT 2023
LinkedIn Posting City - Chicago
LinkedIn Posting State/Province - Illinois 
LinkedIn Posting Country - United States
LinkedIn Job Title - Fellow - Product Development and Procurement
LinkedIn Function - Consulting;Supply Chain
LinkedIn Industry - Consumer Goods;Design;Semiconductors
LinkedIn Seniority Level - Entry level