Principal Procurement Partner, Technology

Reposted 6 Days Ago
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Boston, MA, USA
Hybrid
106K-132K Annually
Senior level
Digital Media • Gaming • Information Technology • Software • Sports • Esports • Big Data Analytics
The Crown Is Yours
The Role
Lead sourcing and supplier relationship management for technology categories (SaaS, cloud, AI, hardware, telecom, data). Partner with Technology, Product, Security, and Finance to run RFx processes, analyze proposals, build business cases, negotiate contracts, perform spend and TCO analysis, mitigate third-party risk, and use analytics/automation to improve procurement outcomes.
Summary Generated by Built In
At DraftKings, AI is becoming an integral part of both our present and future, powering how work gets done today, guiding smarter decisions, and sparking bold ideas. It's transforming how we enhance customer experiences, streamline operations, and unlock new possibilities. Our teams are energized by innovation and readily embrace emerging technology. We're not waiting for the future to arrive. We're shaping it, one bold step at a time. To those who see AI as a driver of progress, come build the future together.
The Crown Is Yours
As a Principal Procurement Business Partner supporting Technology & Product, you'll own category strategies, lead the organization's most complex sourcing initiatives, and shape strategic supplier relationships across a broad technology portfolio. You will serve as a trusted advisor to senior Technology and Product leaders, translating product strategies, technology roadmaps, architecture priorities, and market intelligence into commercial strategies that support innovation, scalability, resilience, and growth. By bringing executive-level influence, analytical rigor, and commercial leadership to complex technology spend, you'll deliver measurable enterprise value while advancing procurement capabilities across the organization.
What You'll Do
  • Own and execute category strategies across Technology and Product, including software as a service (SaaS), cloud infrastructure, data and artificial intelligence, cybersecurity, enterprise applications, developer tools, hardware, telecommunications, engineering services, and data and content licensing.
  • Serve as a trusted advisor to senior Technology and Product leaders, providing strategic guidance on supplier selection, commercial models, market dynamics, demand management, build-versus-buy considerations, and sourcing decisions.
  • Lead complex, high-value sourcing initiatives from strategy and supplier evaluation through negotiation, contracting, implementation, and value realization.
  • Develop business cases and negotiate sophisticated technology agreements and commercial structures, including subscriptions, consumption-based pricing, enterprise licenses, committed spend, service levels, data and intellectual property rights, renewals, and risk protections.
  • Use market intelligence, supplier benchmarking, spend and utilization analysis, and financial modeling to evaluate total cost of ownership, identify opportunities, and shape executive sourcing recommendations.
  • Manage strategic supplier relationships while partnering across Technology, Product, Engineering, Architecture, Finance, Legal, Compliance, Privacy, and Information Security to drive performance, innovation, resilience, and effective risk management.
  • Use analytics, artificial intelligence, automation, and emerging technologies to strengthen sourcing and supplier management while mentoring Procurement teammates and advancing procurement capabilities.

What You'll Bring
  • A Bachelor's Degree in Business Administration, Finance, Economics, Supply Chain, Information Systems, Computer Science, or a related field, with at least 8 years of experience in technology strategic sourcing, category management, procurement, vendor management, or a related commercial function.
  • Demonstrated experience developing technology category strategies and leading complex, high-value sourcing initiatives from strategy through implementation and value realization.
  • Deep technology procurement experience across categories such as SaaS, cloud services, enterprise licensing, data and artificial intelligence, cybersecurity, hardware, telecommunications, developer tools, engineering services, or technology professional services.
  • A proven track record negotiating complex technology agreements and commercial models, including subscriptions, consumption-based pricing, committed spend, service levels, data and intellectual property rights, renewals, exit terms, and risk protections.
  • Strong financial and analytical acumen, with the ability to translate spend, utilization, market benchmarks, supplier economics, and total cost of ownership into sourcing strategies and executive recommendations.
  • The ability to translate technology and business priorities into effective sourcing strategies, influence senior stakeholders, and navigate complex commercial and third-party risks.
  • Strong communication and executive engagement skills, with experience using analytics, artificial intelligence, automation, or procurement technologies; experience in sports betting, iGaming, fantasy sports, technology, financial services, or another regulated industry is a plus.

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Join Our Team
We're a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don't worry, we'll guide you through the process if this is relevant to your role.
The US base salary range for this full-time position is 123,200.00 USD - 154,000.00 USD, plus bonus, equity, and benefits as applicable. Our ranges are determined by role, level, and location. The compensation information displayed on each job posting reflects the range for new hire pay rates for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific pay range and how that was determined during the hiring process. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Skills Required

  • Bachelor's degree in Business Administration, Finance, Economics, Supply Chain, Information Systems, or related field
  • At least 6 years of experience in strategic sourcing, technology procurement, category management, vendor management, or related commercial function
  • Proven experience leading technology sourcing initiatives, supplier negotiations, competitive sourcing events, and contract discussions across SaaS, cloud, enterprise licensing, data, AI, hardware, telecom, and professional services
  • Strong analytical and financial acumen with experience evaluating pricing, benchmarking, utilization, total cost of ownership, and building business cases
  • Ability to translate technology roadmaps and business requirements into practical sourcing strategies and build strong stakeholder partnerships
  • Experience leveraging analytics, AI, automation, or procurement technologies to improve sourcing outcomes and manage competing priorities in a fast-paced environment

What the Team is Saying

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The Company
HQ: Boston, MA
6,400 Employees
Year Founded: 2012

What We Do

It's simple, at DraftKings, we believe life is more fun when you're in on the action. For that reason, we’re committed to responsibly creating the world’s favorite games and betting experiences. We’re developing the most innovative and entertaining real money products and offers; to forever transform how people experience sports; to be a fully vertically integrated sports betting operator. It's our ultimate goal to build the best, most trusted, and most customer-centric destination for our players. We’re defining what it means to build and deliver the most extraordinary sports and entertainment experiences. Our global team is trailblazing new markets, developing cutting-edge products, and shaping the future of responsible gaming.

Why Work With Us

Here, “impossible” isn’t part of our vocabulary. You’ll face some of the toughest but most rewarding challenges of your career. They’re worth it. Channeling your inner grit will accelerate your growth, help us win as a team, and create unforgettable moments for our customers. Ready to own what’s next?

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Employees engage in a combination of remote and on-site work.

Our flexible hybrid policy empowers team members to work where they’re most productive—whether at home or in our collaborative offices. We trust our teams to choose what works best for them to thrive and innovate.

Typical time on-site: Flexible
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