Fellow - Product Development and Procurement

McKinsey & Company is seeking a Fellow for Product Development and Procurement based in Atlanta or Chicago. The role involves collaborating with clients to enhance product portfolios, optimize processes, and implement strategic sourcing. Candidates should be graduating bachelor’s students with a focus on engineering or supply chain, possessing strong analytical and leadership skills. The position requires teamwork and may involve up to 80% travel.
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.

Your Impact

You will 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 will 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.

Your Qualifications and Skills
• Bachelor’s students graduating spring/summer 2026 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 up to 80% travel. Ability to travel to and work in varying environments that may be challenging and/or not accessible (e.g., factories, hospitals, mines)