Principal Category Manager – IT Services

Role Overview

• Provide sourcing leadership and direction for complex, critical sourcing categories with the greatest impact
• Lead cross functional teams to drive successful project and category outcomes/results
• Develop and effectively execute sourcing strategy
• Collaborate with the business to plan and implement complex competitive sourcing events and other activities to advance category strategies
• Develop effective negotiation strategies and negotiate commercial terms with critical suppliers to achieve objectives
• Manage risk mitigation efforts and oversee on-going supplier performance
• Ensure compliance with supplier safety, risk assessments, and other supplier programs
• Serve as a technical expert for the Category Management organization
• Lead the development and implementation of critical enterprise-wide category strategies
• 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
• Monitor industry information, external factors, and trends to ensure category strategy is leading current best practices
• Develop and execute complex sourcing event strategies and guide others on the team
• In conjunction with logistics personnel implement optimal inventory strategies
• Lead tier I supplier relationship management efforts focusing on improving total cost of ownership quality delivery and continuous improvement
• Maintain awareness of supplier innovations and incorporate them into sourcing strategy
• Establish KPIs and metrics
• Monitor document and evaluate supplier performance
• Lead the resolution of disputes with critical suppliers
• Develop strategy and lead negotiations to establish contracts that support category strategies while meeting business requirements
• 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
• Ensure suppliers comply with contract terms and meet all commitments
• Develop and communicate contract summary and implementation plans
• Develop risk management strategies in conjunction with Legal and Security apply understanding of underlying principles of contract law
• In collaboration with business area management manage and define the risk elements of the contract
• Limit Xcel Energy risk by ensuring all required documents and notices have been obtained and are satisfactory
• Create and manage project plans to implement category strategies
• Manage supply chain business and supplier continuous improvement efforts
• Provide expert guidance oversight and collaboration with the supply chain team to build category and sourcing strategies
• Generate and implement new ideas/ processes
• Mentor and provide work oversight

Requirements

• Bachelor's degree in supply chain management, business, or related technical/analytical field
• Equivalent combination of education and experience may be considered
• MBA as well as Certified Professional in Supply Chain Management (CPSM) or other supply chain certification strongly preferred
• 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 and significant experience with purchasing and sourcing systems is required
• Frequently required to attend meetings in various locations, up to 20% travel; driver's license required

Benefits

• 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