Procurement Specialist, Technology

What You'll Do

• Manage technology spend categories such as software, SaaS, hardware, telecom, networking, infrastructure, cloud, labor, and managed services suppliers.
• Create and manage category strategies, negotiations, RFPs, and contracts.
• Create, negotiate, implement, and manage long‑term contracts while developing and promoting strategic partnerships with suppliers.
• Work closely with internal Morningstar clients and stakeholders to understand their business needs, objectives, product/service requirements, and the broader operational processes.
• Effectively communicate with appropriate management levels both internally and externally.
• Identify opportunities for improvement and make constructive suggestions for change.
• Manage the full supplier lifecycle, including sourcing, procurement, negotiations, contract management, and supplier performance evaluation.
• Develop, implement, and track comprehensive category strategies grounded in deep market analysis and aligned with company and stakeholder priorities; deliver measurable year‑over‑year cost reductions and working capital improvements.
• Conduct supplier spend, forecasting, and consumption analytics in partnership with Finance to identify sourcing optimization opportunities, contract consolidation opportunities, and measurable cost savings initiatives.
• Research and interpret the technology marketplace to understand supplier and market characteristics, identify sourcing trends, and uncover new opportunities for value creation.
• Lead Quarterly Business Reviews focused on SLAs to drive supplier accountability, proactively identify improvement opportunities, and monitor progress throughout the contractual period.
• Manage supplier performance by addressing conflict resolution, escalation, and resolution procedures promptly and effectively, ensuring issues are resolved and continuous improvement is maintained.
• Partner with Legal and Sourcing/Procurement teams throughout the supplier lifecycle to ensure robust contract operations and governance.
• Build strong partnerships and engagement with both existing and new strategic suppliers to enable high‑quality, efficient support for internal stakeholders and business units.
• Champion continuous improvement initiatives to enhance quality, efficiency, and cost savings across all sourcing activities.

• Bachelor's degree in a relevant field.
• 3+ years of related work experience in Supply Chain, Finance, Economics, Business Administration, Computer Science, Information Systems Management, or another related field.

• Degree in Procurement, Supply Chain, Business Administration, Business Management, Finance, Accounting, or another related field.
• 5+ years of related work experience in Technology Procurement, a Technology role, or another related field.
• Knowledge of Source to Pay systems, such as Coupa.
• Strong project management and procurement workflow management skills across Source‑to‑Pay platforms such as Service Now and Coupa.
• Supplier Risk Analysis and Supplier Relationship Management.

• Skilled in Microsoft Office (Word, Excel, PowerPoint).
• Potential team leader with strong communication skills.
• Understanding of supply chain concepts, with work experience applying those concepts.
• Strong negotiating and influencing skills.
• Self‑directed and resourceful with the ability to handle multiple simultaneous tasks with exhibited follow‑through and initiative.
• Strong business and financial acumen, including project management, total cost management, budgeting, forecasting, savings realization, and supplier financial analysis.
• Experience leveraging reporting and analytical tools to support forecasting, procurement operations, supplier performance management, and continuous process improvement.
• Previous experience with Source to Pay systems, such as Coupa.
• Advanced Excel skills, including spend analysis, forecasting, budgeting support, savings tracking, and supplier financial analysis.
• High ethical standard.

• Financial Health
  • 100% 401(k) match up to 6% of salary.
  • Stock ownership potential.
  • Co…