Jobs · Purchasing · Illinois

Director, Global Procurement Corporate Services

Morningstar · Chicago, IL · 3 wk ago
Purchasing$161k–$247k/yrFull-time

About the role

The Procurement role of Corporate Services, Director who will drive high-impact strategies enterprise-wide for stakeholders — delivering measurable enterprise value by leading strategic sourcing and contract negotiations with key suppliers. Reporting to the Head of Global Procurement, a successful candidate will have experience in best-practice procurement methods and business processes; deep data-driven analytical skills; and demonstrated success at building consensus, navigating through ambiguity, and developing deep relationships across disparate stakeholder groups.

Responsibilities

  • Own category strategy and contract negotiations across several categories of spend: Professional Services, Travel, Contingent Workforce, and Workplace Facilities and CapEx related projects.
  • Design data-driven sourcing strategies that effectively address stakeholder objectives while balancing cost, speed, quality, and innovation.
  • Lead supplier evaluations, negotiations, and contract management (end to end) ensuring best-in-class procurement practices.
  • Negotiate complex, global agreements focused on total value, negotiated savings (budgetary and avoidance), and market-reasonable terms.
  • Use analytics and automation to enhance visibility and decision speed.
  • Prepare RFQs, RFPs, bid documents, analyze and evaluate proposals, and administer the evaluation process.
  • Serve as trusted commercial advisor to senior leaders across HR, Finance, and Legal.
  • Align sourcing strategies to enterprise goals for growth and margin.
  • Manage and develop organizational and team member capabilities, particularly in category management and strategic sourcing processes.
  • Troubleshoot and resolve process issues impacting internal stakeholders.
  • Define and implement process improvements that increase engagement, reduce cycle time and deliver efficiency gains, while ensuring compliance with policies and mitigating supplier risk.
  • Manage and optimize strategic supplier relationships to drive innovation and accountability.
  • Lead a high-performing team recognized for innovation and commercial excellence.
  • Provide thought leadership from a procurement/sourcing perspective and work with business partners to develop new and creative strategies.

Qualifications

  • Bachelor’s Degree required.
  • MBA or JD preferred.
  • 10+ years of progressive strategic sourcing or commercial leadership experience leading Corporate Services / Professional Services spend categories.; 8+ years of team leadership experience.
  • Strong negotiation experience (Master Agreements, Statements of Work, Change Orders, etc.) and demonstrated organizational and project management skills.
  • Success in large-scale enterprise initiatives and demonstrated expertise in strategic sourcing at a global scale and within a fast paced, and dynamic organization is required.
  • Outstanding ability to collaborate with business partners and teams in defining and implementing category strategies at scale.
  • Solid leadership skills and demonstrated ability to recruit, mentor, develop and retain outstanding strategic sourcing teams.
  • Strong financial acumen and complex negotiation experience.
  • Excellent executive communication and stakeholder influencing skills.
  • Other duties as necessary and assigned.

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:

  • 100% 401k match up to 6% of salary
  • Stock Ownership Potential

Similar jobs