Senior Category Manager

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states:
Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, helping them thrive every day. That means always raising the bar - delivering better service and providing more reliable, resilient, and sustainable energy. Xcel Energy is a place where you’ll have opportunities to grow, expand your skills, and help lead the clean energy transition.

We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you’ll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best.

Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs.

Senior Category Manager Position Summary Develop and execute sourcing category, supplier, and risk management strategies that align with business stakeholder priorities for key categories. Lead cross functional teams from the business and Supply Chain to drive successful project and category outcomes/results. Plan and lead competitive sourcing events using an enterprise-wide approach, incorporating external factors intelligence in support of category strategies. Develop effective negotiation strategies, plan, and conduct negotiations of commercial terms with suppliers to achieve category objectives.

Lead on-going supplier performance, relationship, and development activities to ensure category strategy adherence. Develop and execute contracts with key suppliers.

Direct Sourcing and Contracting support for third party contractor services including but not limited electric, gas and engineering functions.

Essential 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/contract strategy, and execution. Perform spend and cost analysis (e.g. total cost of ownership and should cost models) and develop category strategies to achieve maximum value capture. Complete supplier research and risk profiles while monitoring industry information, external factors, and trends to ensure category strategies are aligned with current best practices.

In conjunction with logistics personnel, implement optimal inventory strategies.

Lead multiple strategic supplier performance, relationship and development management efforts focused on improving total cost of ownership, quality, delivery, and continuous improvement. Develop plans with suppliers that support business goals and strategies, while driving continuous improvement and collaboration to strengthen partnerships that bring value to the company and the supplier. Develop performance-based supplier scorecards. Monitor, document, and evaluate supplier performance. Lead the resolution of disputes with suppliers.

Lead negotiations of commercial terms to establish contracts that support category strategies while meeting business requirements, including limits of liability and general terms & conditions. Review, analyze, verify, and negotiate contract changes or additional work orders. Monitor compliance across buying channel, supplier, and contract purchasing execution. Manage contractor claims to resolution and successfully minimize overall impact to cost and schedule. Ensure…