Category Manager

JOB DESCRIPTION

Position Summary

Drives category strategy working with the business for multiple complex, high business impact categories. Responsible for the development and effective execution of sourcing strategy for critical categories. Plans for and leads competitive sourcing events and other activities in support of category strategies. Develops effective negotiation strategies and conducts negotiations with their category suppliers to achieve category and business objectives. Manages risk mitigation efforts and oversees on-going monitoring activities. Forms and executes contracts with critical suppliers. Mentors, coaches and oversees development of Associate Category Managers.

Essential Responsibilities

Leads the development and implementation of category strategy to optimize cost and improve operations. Applies best practice approaches to multiple critical categories. In conjunction with logistics personnel, implements optimal inventory strategies. Conducts analyses of supply, demand, market, commodity, supplier, contract and "should cost" modeling to determine category strategies Monitors industry information and trends, and supplier risk profiles, to keep category strategy current while supporting business requirements. Develops complex sourcing events and qualifies, evaluates and selects suppliers for targeted categories of spend.

Leads multiple tier I supplier relationship management efforts focused on improving total cost of ownership, quality, delivery and continuous improvement. Develops plans with suppliers that support business goals and strategies, and drive continuous improvement and collaboration to bring value to both the company and the supplier. Develops performance-based scorecards and monitors, documents and evaluates supplier performance Leads the resolution of disputes with suppliers.

Leads negotiations to establish contracts that support category strategies while meeting business area requirements. Reviews, analyzes, verifies and negotiates contract changes or additional work orders. Manage contractor claims to resolution and successfully minimize overall impact to cost and schedule. Ensures suppliers comply with contract terms and meet all commitments.

Applies understanding of underlying principles of contract law to administer all category contract agreements. In collaboration with business area management, manages and defines the risk elements of the contract and assembles all necessary documentation for obtaining insurance.. Limits Xcel Energy liability by ensuring all required documents and notices have been obtained and are satisfactory.

Creates and manages a project plan for the implementation of category strategy. Interacts with business leadership to integrate the sourcing and business project plans. Manages the completion of supplier, business and supply chain continuous improvement efforts.

Creates and manages a project plan for the implementation of category strategy. Interacts with business leadership to integrate the sourcing and business project plans. Manages the completion of supplier, business and supply chain continuous improvement efforts.

Minimum Requirements

Bachelor's degree in Supply Chain Management, Engineering, Project Management, Business, Finance or related field or equivalent experience required. 5 years sourcing, purchasing or logistics experience. Two years plus contract formation knowledge and experience, negotiation and project management skills preferred. Certified Professional in Supply Management (CPSM) certification 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. Frequently required to attend meetings

• What are the top 3-5 skills and qualifications (technology / application / software, etc.) required? 1. Contract Management Expertise : Strong experience with contract negotiation, amendments, and execution processes. Familiarity with corporate procurement and supply chain practices, including knowledge of sourcing strategies and vendor relationship management. 2. Proficiency with Key Systems and Tools : Coupa : Experience with this procurement and contract management system is essential for day-to-day responsibilities. Microsoft Excel : Advanced skills in Excel for analyzing data, tracking contracts, and supporting procurement activities. SAP (Preferred, but not required) : Familiarity with SAP for additional exposure to supply chain and financial systems is a bonus. 3. Experience in a Corporate Matrixed Environment : At least three years of experience in a large, matrixed corporate organization. Ability to navigate cross-functional teams and manage relationships with multiple stakeholders effectively. 4. Negotiation and Relationship Management : Proven negotiation skills for pricing, terms, and conditions. Strong relationship management abilities to collaborate with vendors and internal teams while ensuring alignment with organizational goals. 5. Leadership and Critical Thinking : Ability to think strategically, ask insightful questions, and anticipate the needs of the team and stakeholders. Self-starter who can work independently while supporting a larger team of category managers. These skills ensure the resource can effectively manage contracts, collaborate across departments, and leverage technology to support Xcel Energy's procurement and sourcing goals.