Category Management Specialist
About The Position
Dominion Energy is seeking a Category Management Specialist to engage with Business Unit customers on enterprise-wide savings initiatives, strategic sourcing goals, category strategies, initiatives, and savings targets. The role participates in formulating sourcing strategies, supports negotiation strategy development, leads savings initiatives, and supports the full procurement lifecycle from strategy development through final purchase. The specialist analyzes assigned markets and cost impacts, maintains supplier lists, builds strategic supplier partnerships, and sustains relationships with Business Unit and supplier senior executives. The position supports complex competitive bids and leads supplier negotiations on pricing, terms, conditions, and compliance. It collaborates with stakeholders on demand and forecasts, finance, operational requirements, and quality to align category strategies with company requirements and goals. The position covers assigned categories that may include MRO items, distribution and transmission materials, vegetation management, and battery storage systems. It develops strategic plans, dashboards, cost analyses, and budget impact strategies, and may travel to meet Business Unit customers and suppliers, with travel expected up to one week per month. The schedule is hybrid, with three days in the office and two days teleworking. Relocation assistance is not offered, and the company cannot transfer or sponsor a work visa or employment authorization for this position.
Requirements
- Five to six or more years of related experience.
- Exposure to customer business processes and objectives.
- Basic understanding of business cost drivers.
- General knowledge of assigned categories, such as vegetation management and battery storage systems.
- Excellent communication skills, including the ability to articulate business cases clearly and develop effective presentations.
- Analytical skills and tools to create financial targets, perform spend analysis, build total cost of ownership models, and capture total cost of ownership data.
- Ability to develop detailed project plans and provide project reporting.
- Ability to support development of a structured negotiation strategy using guidance and feedback from Category Management Consultants.
- Bachelor’s degree, or an equivalent combination of education and demonstrated related experience; preferred disciplines include Business Administration, Economics, or Supply Chain. Other disciplines may be substituted.
- Ability to meet the position’s travel needs, expected to be up to one week per month.
Nice To Haves
- Experience with SAP.
- Experience with Microsoft Word, Excel (including Pivot Tables), and Copilot.
Responsibilities
- Set category savings targets and deliver savings through procurement strategies based on total cost of ownership analysis and innovation.
- Manage assigned categories, such as MRO items and distribution and transmission materials.
- Develop, build, and present strategic plans and dashboards for assigned spend categories.
- Develop Power BI dashboards for interactive cost management of assigned categories.
- Provide frequent Business Unit executive updates on cost analysis and budget impact strategies.
- Engage and collaborate with Business Unit customers on strategic goals, category strategies, initiatives, and budget impact targets.
- Lead category strategy formulation and negotiate key terms for highly complex sourcing events.
- Develop and lead charter initiatives for process improvements and budget impact opportunities.
- Lead cross-functional, enterprise-wide savings initiatives and communicate initiative updates and savings targets across the organization.
- Analyze relevant markets and assess the cost impacts of market events for assigned categories.
- Maintain supplier lists and build partnerships with strategic suppliers.
- Maintain relationships with supplier senior executives.
- Travel as needed to meet with Business Unit customers and suppliers; expected travel is up to one week per month.
- Perform other duties as requested or assigned.
Benefits
- Health insurance, including coverage for families and domestic partners.
- Dental insurance, including coverage for families and domestic partners.
- Vision insurance, including coverage for families and domestic partners.
- Vacation.
- Retirement plans, including 401(k) contributions and matching.
- Paid holidays.
- Tuition reimbursement.
- Bonus eligibility.
- Sick leave.
- Disability insurance.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
