Manage technology spend categories such as software, SaaS, hardware, telecom, networking, infrastructure, cloud, labor, and managed services suppliers.
Creates and manages category strategies, negotiations, RFPs, and contracts
Creates, negotiates, implements and manages long term contracts while effectively developing and promoting strategic partnerships with suppliers
Works closely with internal Morningstar clients and stakeholders to understand their business needs, objectives, product/service requirements and the broader operational processes
Effectively communicates with appropriate management levels both internally and externally
Identifies opportunities for improvement and makes 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.
3+ years 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 related work experience in Technology Procurement, 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 ServiceNow and Coupa
Supplier Risk Analysis and Supplier Relationship Management
Skills, Licenses & Certifications
Skilled in Microsoft Office (e.g. Word, Excel, PowerPoint)
A 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
Compensation and Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That's why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
Financial Health
100% 401k match up to 6% of salary
Stock Ownership Potential
Company provided life insurance - 1x salary + commission
Physical Health
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-term disability insurance
Emotional Health
Trust-Based Time Off
6-week Paid Sabbatical Program
6-Week Paid Family Caregiving Leave
Competitive 8-24 Week Paid P
Benefits
Health insuranceDental insuranceVision insurance401(k)Equity / stock options
Morningstar · Chicago