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Xcel Energy
Xcel Energy
H1B Visa SponsorEnergyRetailUtility
Xcel Energy is an energy and utilities company working with communities, customers, and business partners to support a reliable, affordable transition toward cleaner energy. Its customer-focused services include billing resources, energy-use tracking, and safety information, while its careers span the company’s work across energy, utilities, and related retail operations.
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Principal Category Manager - Xcel Energy (Hybrid, Minneapolis)

Lead enterprise sourcing, negotiations, supplier performance, and category strategy for Xcel Energy in a hybrid Minneapolis role. Manage critical contracts, risk mitigation, and supply chain improvements across the organization.

USUnited StatesCOColoradoMNMinnesota
$112,200 – $159,400 / year
HybridFull-timeLeadEnglish RequiredProcurement

Description

  • Provide strategic leadership for complex, high-priority sourcing categories
  • Direct cross-functional teams toward successful project and category results
  • Create and deliver sourcing strategies
  • Partner with business teams to plan and execute complex competitive sourcing events
  • Set negotiation strategies and negotiate commercial terms with key suppliers
  • Lead risk mitigation activities and monitor supplier performance
  • Maintain compliance with supplier safety, risk assessment, and related programs
  • Act as a technical authority for the Category Management organization
  • Create and implement enterprise-wide strategies for critical categories
  • Analyze spend and costs using total cost of ownership and should-cost models
  • Research suppliers and prepare risk profiles
  • Track industry developments, external conditions, and market trends
  • Design complex sourcing event strategies and provide direction to team members
  • Develop effective inventory strategies with logistics partners
  • Lead relationship management for tier I suppliers
  • Define performance KPIs and assess supplier results
  • Resolve disputes involving critical suppliers
  • Set contract strategies and lead negotiations
  • Evaluate, validate, and negotiate contract changes and additional work orders
  • Monitor compliance across purchasing channels, suppliers, and contract execution
  • Resolve contractor claims
  • Confirm supplier adherence to contractual terms and commitments
  • Prepare and communicate contract summaries and implementation plans
  • Build risk management strategies with Legal and Security
  • Define and manage contract risk elements with business-area leaders
  • Confirm that required documents and notices are obtained and acceptable
  • Build and manage project plans for category strategy implementation
  • Lead continuous improvement across supply chain, business, and supplier operations
  • Provide expert direction and oversight to the supply chain team
  • Create and implement new ideas and processes
  • Mentor team members and oversee their work

Requirements

  • Bachelor’s degree in supply chain management, business, or a related technical or analytical discipline
  • Equivalent education and experience combinations may be considered
  • Eight years of combined supply chain and industry experience, including category management, supplier relationship management, sourcing, and contract management
  • Five years of combined experience directly leading complex contract negotiations and managing projects
  • Proficiency with Microsoft Office Suite
  • Substantial experience using purchasing and sourcing systems
  • Ability to attend meetings at various locations as needed
  • Willingness to travel up to 20%
  • Valid driver’s license
  • Understanding of third-party contractor services
  • Understanding of union dynamics
  • MBA and CPSM or another supply chain certification strongly preferred

Benefits

  • Annual incentive program
  • Medical and pharmacy plan
  • Dental coverage
  • Vision coverage
  • Life insurance
  • Dependent care reimbursement account
  • Health care reimbursement account
  • Health savings account for eligible health plan participants
  • Limited-purpose FSA for eligible health plan and HSA participants
  • Transportation reimbursement account
  • Short-term disability
  • Long-term disability
  • Employee Assistance Program
  • Fitness center reimbursement for eligible health plan participants
  • Tuition reimbursement
  • Transit programs
  • Employee recognition program
  • Pension
  • 401(k) plan
  • Paid time off
  • Paid holidays
  • Volunteer paid time off
  • Parental leave and a hybrid work model supporting collaboration and flexibility throughout the organization.
  • fields

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