Director, Procurement (Technology & Product)

DraftKings Inc.; Boston (MA); On-site; USD 180,000 - 260,000; Full time

Job summary

DraftKings Inc. in Boston seeks a Director of Procurement to lead a team driving procurement strategy for Technology & Product.

You will partner with senior leaders to align roadmaps with sourcing, pricing, and supplier selection, enabling rapid product innovation and scalable operations. The role emphasizes complex negotiations, value-driven commercial models, and AI-enabled sourcing analytics in a regulated gaming environment.

Qualifications

• Bachelor’s degree in Business Administration, Finance, Economics, Supply Chain, Information Systems, or related field.
• 10+ years of experience in strategic sourcing, category management, procurement, vendor management, or a related function with tech/product focus.
• Demonstrated experience leading teams and developing procurement professionals in a fast-growth environment.
• Deep knowledge of technology commercial models including SaaS licensing, cloud pricing, data, AI, infrastructure, and services.
• Proven success leading high-value negotiations and building category strategies for technology suppliers.
• Strong financial and analytical acumen, including TCO, demand/utilization data, benchmarking, and unit economics.
• Ability to translate roadmaps and architecture into practical sourcing strategies.
• Strong executive presence with VPs/SVPs/C-suite stakeholders.
• Experience using analytics, AI, automation, and procurement tech to improve outcomes.
• Experience in sports betting, iGaming, technology, or regulated industries is a plus.

Responsibilities

• Lead and develop a procurement team supporting Technology & Product, setting priorities and building category expertise.
• Own procurement strategy, supplier ecosystem, and sourcing roadmap across software, SaaS, cloud, infrastructure, hardware, telecom, data, AI, developer tools, cybersecurity, and services.
• Partner with executive leaders to align procurement with product roadmaps, architecture decisions, and growth plans.
• Lead complex sourcing initiatives and negotiations including software renewals, cloud commitments, licensing, AI/data arrangements, and global services.
• Develop commercial structures for scaling, flexibility, and value, including licensing models and service levels.
• Apply spend, demand, utilization, benchmarking, and supplier market analyses to identify optimization opportunities.
• Coordinate with Legal, Finance, Information Security, Privacy, Compliance, and Tech to address risks without harming speed.
• Represent Procurement as a strategic advisor to leadership and advance procurement standards.

Skills

Strategic sourcing

Vendor management

Team leadership

SaaS licensing

Negotiation

Financial acumen

Executive collaboration

Analytics & AI in procurement

Regulated industry experience

Communication with C-suite

Education

Bachelor’s degree in related field

Job description

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 Director of Procurement, you’ll lead a team responsible for procurement strategy supporting Technology & Product. You will partner with senior leaders to develop commercial strategies that support product innovation, platform scalability, operational resilience, and responsible technology investment. By connecting technology roadmaps, consumption insights, and market intelligence, you’ll help teams move quickly while delivering measurable value and improving business outcomes.

What You’ll Do

• Lead and develop a team of Procurement professionals supporting Technology & Product, setting clear priorities, building category expertise, and fostering a high-performance culture.

• Own the procurement strategy, supplier ecosystem, and sourcing roadmap across enterprise software, SaaS, cloud and infrastructure, hardware, telecom, data, AI, developer tools, cybersecurity, and technology services.

• Partner with executive and senior leaders across Technology, Product, Engineering, Data, Information Security, IT, Finance, and Legal to align procurement strategies with product roadmaps, architecture decisions, investment priorities, and growth plans.

• Lead complex sourcing initiatives and negotiations, including strategic software renewals, cloud and consumption commitments, enterprise licensing, AI and data arrangements, and global technology services.

• Develop commercial structures that improve scalability, flexibility, accountability, and value, including licensing models, consumption commitments, unit-based pricing, ramp schedules, price protections, service levels, and performance measures.

• Apply spend, demand, utilization, benchmark, and supplier-market analyses to identify consolidation, competitive sourcing, license optimization, demand‑management, and supplier‑rationalization opportunities across the portfolio.

• Coordinate with Legal, Finance, Information Security, Privacy, Compliance, and Technology stakeholders to address contractual, regulatory, cybersecurity, and third‑party risks without compromising speed or business continuity.

• Represent Procurement as a strategic advisor to Technology & Product leadership while advancing enterprise‑wide procurement standards, tools, and ways of working.

What You’ll Bring

• Bachelor’s degree in Business Administration, Finance, Economics, Supply Chain, Information Systems, or a related field.

• 10+ years of experience in strategic sourcing, category management, procurement, vendor management, or a related commercial function, including significant responsibility for technology or product categories.

• Demonstrated experience leading teams and developing Procurement professionals in a fast‑paced, high‑growth environment.

• Deep knowledge of technology commercial models, including SaaS and enterprise licensing, cloud and consumption‑based pricing, data, AI, infrastructure, hardware, telecom, cybersecurity, and professional services.

• Proven success leading high‑value, complex negotiations and building category strategies for business‑critical technology suppliers.

• Strong financial and analytical acumen, including experience with total cost of ownership, demand and utilization data, benchmarking, and unit economics.

• Ability to translate technology roadmaps, architecture considerations, and business requirements into practical sourcing and supplier strategies.

• Strong executive presence with the ability to influence and build credibility with Vice President, Senior Vice President, and C‑suite stakeholders.

• Experience leveraging analytics, AI, automation, and procurement technology to improve sourcing outcomes, controls, and stakeholder experience.

• Experience in sports betting, iGaming, fantasy sports, technology, financial services, or another regulated industry is a plus.

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.

If this job posting does not include compensation information, this is due to a technical error that our team is working to resolve! We will repost this position with compensation information as soon as it is resolved. 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.