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Principal Category Manager
Xcel Energy. Provide sourcing leadership and direction for complex, critical sourcing categories .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in sourcing leadership, contract negotiation, and supplier relationship management while effectively managing risk and ensuring compliance. Proficient in developing and executing sourcing strategies and category management initiatives to drive organizational success.
Highest-signal resume keywords
Sourcing LeadershipContract NegotiationSupplier Relationship ManagementCategory ManagementRisk Management
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Spend AnalysisCost AnalysisNegotiation StrategiesProject ManagementInventory StrategiesSupplier Performance EvaluationCompliance MonitoringContract ManagementSourcing Strategy DevelopmentSupplier Risk Assessment
Soft Skills
Cross-Functional CollaborationMentoringProblem SolvingCommunication
Tools & Technologies
Microsoft Office SuitePurchasing Systems
Certifications & Qualifications
Certified Professional in Supply Chain Management (CPSM)MBA
Industry Keywords
Supply Chain ManagementCategory ManagementSupplier ComplianceContract TermsThird Party Contractor ServicesUnion Dynamics
About the role
Key responsibilities & impact- Provide sourcing leadership and direction for complex, critical sourcing categories
- Lead cross-functional teams to drive successful project and category outcomes
- Develop and execute sourcing strategies
- Collaborate with the business to plan and implement complex competitive sourcing events
- Develop negotiation strategies and negotiate commercial terms with critical suppliers
- Manage risk mitigation efforts and oversee ongoing supplier performance
- Ensure compliance with supplier safety, risk assessments, and other supplier programs
- Serve as a technical expert for the Category Management organization
- Develop and implement critical enterprise-wide category strategies
- Perform spend and cost analysis, including total cost of ownership and should-cost models
- Complete supplier research and risk profiles
- Monitor industry information, external factors, and trends
- Develop and execute complex sourcing event strategies and guide team members
- Implement optimal inventory strategies with logistics personnel
- Lead tier I supplier relationship management efforts
- Establish KPIs and metrics and evaluate supplier performance
- Lead resolution of disputes with critical suppliers
- Develop strategy and lead contract negotiations
- Review, analyze, verify, and negotiate contract changes or additional work orders
- Monitor compliance across buying channels, suppliers, and contract purchasing execution
- Manage contractor claims to resolution
- Ensure suppliers comply with contract terms and commitments
- Develop and communicate contract summary and implementation plans
- Develop risk management strategies with Legal and Security
- Manage and define contract risk elements with business area management
- Ensure required documents and notices are obtained and satisfactory
- Create and manage project plans to implement category strategies
- Manage supply chain, business, and supplier continuous improvement efforts
- Provide expert guidance and oversight to the supply chain team
- Generate and implement new ideas and processes
- Mentor and provide work oversight
Requirements
What you’ll need- Bachelor's degree in Supply Chain management, business, or related technical/analytical field
- Equivalent combination of education and experience may be considered
- A combination of eight years of supply chain and industry experience, including category management, supplier relationship management, sourcing, and contract management expertise
- A combination of five years of experience directly leading complex contract negotiations and project management
- Proficient with Microsoft Office Suite
- Significant experience with purchasing and sourcing systems
- Frequently required to attend meetings in various locations
- Up to 20% travel
- Driver's license required
- Understands third party contractor services
- Understands union dynamics
- MBA as well as Certified Professional in Supply Chain Management (CPSM) or other supply chain certification strongly preferred
Benefits
Comp & perks- 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
- Volunteer Paid Time Off (VPTO)
- Parental Leave
- Hybrid work model to enable collaboration and flexibility