Senior Category Manager

Xcel Energy•Minneapolis, MN
•$97,600 - $138,600•Hybrid

About The Position

The Senior Category Manager develops and executes sourcing category, supplier, and risk management strategies aligned with business stakeholder priorities. The role leads cross-functional teams from the business and Supply Chain, plans and leads competitive sourcing events, develops negotiation strategies, conducts supplier negotiations, manages ongoing supplier performance and relationships, and develops and executes contracts with key suppliers. The position provides direct sourcing and contracting support for third-party contractor services, including electric, gas, and engineering functions. The role is responsible for enterprise-wide category strategy and execution, supplier performance and development, contract negotiation and administration, risk management, and project and change management. It works with business stakeholders and teams such as Legal, Security, and Logistics to support business requirements, improve cost and operations, manage risk, and deliver category and project outcomes.

Requirements

  • Bachelor's degree in Supply Chain Management, business, or a related technical or analytical field; an equivalent combination of education and experience may be considered.
  • Five years of supply chain experience, with a focus in sourcing.
  • Three years of contract formation knowledge and experience.
  • Proficiency in Microsoft Office Suite and significant experience with purchasing and sourcing systems.
  • Demonstrated customer service skills.
  • Strong interpersonal and relationship skills.
  • Ability to attend meetings in various locations, with up to 20% travel; a driver's license is required.

Nice To Haves

  • MBA.
  • Certified Professional in Supply Management (CPSM) or another supply chain certification.
  • Negotiation skills.
  • Project management skills.
  • Previous experience managing categories with annual spend exceeding $100 million.

Responsibilities

  • Develop and implement enterprise-wide category strategies to optimize cost and improve operations in line with sourcing best practices.
  • Collaborate with business stakeholders to align business demands, category and contract strategy, and execution.
  • Perform spend and cost analysis, including total cost of ownership and should-cost models, and develop category strategies to capture value.
  • Research suppliers and develop risk profiles; monitor industry information, external factors, and trends to ensure strategies align with current best practices.
  • Work with logistics personnel to implement optimal inventory strategies.
  • Lead strategic supplier performance, relationship, and development management efforts to improve total cost of ownership, quality, delivery, and continuous improvement.
  • Develop supplier plans that support business goals, encourage collaboration, and strengthen partnerships.
  • Develop performance-based supplier scorecards; monitor, document, and evaluate supplier performance; and lead supplier dispute resolution.
  • Negotiate commercial terms and establish contracts supporting category strategies and business requirements, including limits of liability and general terms and conditions.
  • Review, analyze, verify, and negotiate contract changes and additional work orders.
  • Monitor compliance across buying channels, suppliers, and contract purchasing execution.
  • Manage contractor claims to resolution while minimizing impacts to cost and schedule; ensure suppliers comply with contract terms and commitments.
  • Develop and communicate contract summaries and implementation plans.
  • Develop risk management strategies and, with Legal and Security, apply contract-law principles to administer category contract agreements.
  • Work with business area management to manage and define contract risk elements.
  • Lead cross-functional business and Supply Chain teams to achieve project and category outcomes.
  • Create and manage project plans to implement category strategies; coordinate sourcing and business project plans with business leadership.
  • Manage Supply Chain, business, and supplier continuous-improvement efforts and lead change-management efforts.

Benefits

  • Annual Incentive Program
  • Medical/Pharmacy Plan
  • Dental
  • Vision
  • Life Insurance
  • Dependent Care Flexible Spending Account
  • Health Care Flexible Spending Account
  • Health Savings Account (if enrolled in an eligible health plan)
  • Limited-Purpose FSA (if enrolled in an eligible health plan and HSA)
  • Transportation Reimbursement Account
  • Short-term disability
  • Long-term disability
  • Employee Assistance Program
  • Fitness Center Reimbursement (if enrolled in an eligible health plan)
  • Tuition reimbursement
  • Transit programs
  • Employee recognition program
  • Pension
  • 401(k) plan
  • Paid time off
  • Holidays
  • Volunteer Paid Time Off
  • Parental Leave
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