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Posted 19 hours agoPrincipal Category Manager - IT Services
at Xcel Energy
ColombiaHybrid
Responsibilities
- 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.
- Perform spend and cost analysis (e.g. total cost of ownership and should cost models) and develop category strategies to achieve maximum value capture.
- 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.
- Lead tier I supplier relationship management efforts for multiple and the most critical suppliers 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.
- Create and manage project plans to implement category strategies.
- Manage supply chain business and supplier continuous improvement efforts.
- Generate and implement new ideas/ processes.
- Mentor and provide work oversight. Minimum
Requirements
- Develop risk management strategies in conjunction with Legal and Security apply understanding of underlying principles of contract law.
- 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.
- experience directly leading complex contact 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. Preferred
- Experience negotiating agreements with professional service providers like IBM, Accenture, TCS and InfoSys.
- Experience negotiating and managing agreements for Customer Information Systems, application managed services, and Data Modernization (AI services).
Benefits
- This position is a lead position responsible for providing mentorship for 4 people and a spend of ~$150M.
- Non-Bargaining The anticipated starting base pay for this position is: $112,200.00 to $159,400.00 per year This position is eligible for the following
- 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
Contact
- Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com .
- ACCESSIBILITY STATEMENT Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users.
- If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com.
Additional details
- 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.
- Position Summary Provide sourcing leadership and direction for complex, critical sourcing categories with the greatest impact.
- Serve as a technical expert for the Category Management organization.
- Our current hybrid work policy requires 3 days a week in office (T, Wed, Thurs). Essential
- Responsibilities Lead the development and implementation of critical enterprise-wide category strategies.
- In conjunction with logistics personnel implement optimal inventory strategies.
- 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.
- Provide expert guidance oversight and collaboration with the supply chain team to build category and sourcing strategies.
- At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need.