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Xcel Energy Category Manager Job in Minneapolis, Minnesota

Category Manager Job

Location(s): CO - Denver; MN - Minneapolis; TX - Amarillo

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.

Preference will be given to applicants with experience in IT Sourcing, Managing IT Hardware & IT Telecom.

Employees have the option of working a hybrid schedule which includes one day a week in the office and the remaining remotely from home.

Position Summary

Develop and execute sourcing category, supplier, and risk management strategies aligned with business priorities for key categories. Lead cross functional teams 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 negotiation strategies and negotiate commercial terms with suppliers to achieve category objectives. Lead supplier performance, relationship, and development activities to ensure category strategy adherence. Develop and execute contracts with key suppliers.

Essential Responsibilities

  • Develop and implement enterprise-wide category strategies to optimize cost and improve operations. Collaborate with business stakeholders to align business demands, category/contract strategy, and execution. Perform spend and cost analysis (e.g. total cost of ownership & should cost models). Develop category strategies to achieve maximum value capture. Complete supplier research and risk profiles. Monitor industry information, external factors, and trends to ensure category strategies align with 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, drive continuous improvement, and promote collaboration to strengthen partnerships. 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 suppliers comply with contract terms and meet all commitments. Develop and communicate contract summary and implementation plans.

  • Develop risk management strategies and in conjunction with Legal and Security teams, apply understanding of underlying principles of contract law to administer all category contract agreements. In collaboration with business area management, manage and define the risk elements of the contract.

  • Lead cross functional teams from the business and Supply Chain to drive successful project and category outcomes/results. Create and manage project plans to implement category strategies. Interacts with business leadership to integrate sourcing and business project plans. Manage Supply Chain, business, and supplier continuous improvement efforts. Lead change management efforts.

Minimum Requirements

  • Bachelor’s degree in Supply Chain Management, business, or related technical/analytical field.

  • Equivalent combination of education and experience may be considered (6 years of related experience in addition to the required 1 year may substitute for the bachelor's degree).

  • MBA as well as Certified Professional in Supply Chain Management (CPSM) or other supply chain certification preferred.

  • Requires five years of supply chain experience with focus in sourcing.

  • Two years of contract formation knowledge and experience.

  • Negotiation and project management skills preferred.

  • Proficiency in Microsoft® Office Suite and significant experience with purchasing and sourcing systems is required.

  • Demonstrated customer service skills.

  • Strong interpersonal and relationship skills are required.

  • Required to attend meetings in various locations, up to 20% travel; driver’s license required.

Xcel Energy is committed to the safety of its employees and customers, and promotes a Safety Always culture. Because of this, we strongly encourage all employees to be fully vaccinated against COVID-19; however, vaccination is not mandatory. After being hired, you will asked to report your vaccination status and dates of vaccination. This information will be maintained confidentially and disclosed only on a need-to-know basis. If you are not fully vaccinated or choose not to disclose your vaccination status you will be required to follow any health-and-safety rules applicable to unvaccinated employees.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

Posting Notes: CO - Denver || CO - Denver; MN - Minneapolis; TX - Amarillo || United States (US) || Audit and Financial Services || 42808:Dir SC Sourcing Svc || Full-Time || Non-Bargaining ||

The anticipated starting base pay for this position is: $90,000 to $127,333 per year

This position may also be eligible for the following benefits and/or pay components: Pay - Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Personal holidays, Volunteer Paid Time Off (VPTO) (full-time employees only), Parental Leave

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Requisition Number: 54609

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at

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Nearest Major Market: Denver

Job Segment: Supply Chain Manager, Logistics, Gas, Supply Chain, Operations, Energy, Marketing