Senior Category Manager responsible for sourcing and vendor governance within healthcare categories. Execute sourcing strategies and manage vendor relationships across business units with strong oversight.
About the role
- Category Manager developing and coordinating execution of category sourcing strategies at Xcel Energy. Collaborating with business stakeholders and ensuring supplier performance and compliance.
Responsibilities
- Support CMs while learning to develop category strategy to capture value and improve operations
- Collaborate with business stakeholders to align business demands with category/contract strategy, and execution
- Perform analysis of contracts, supply & demand, market and commodity trends (including total cost of ownership and should-cost modeling), and recommend category strategies
- Monitor industry information, trends, and supplier risk profiles to ensure category strategy remains in line with best practices while supporting business requirements
- Support development and execution of sourcing events, including coordinating the evaluation of proposals and selection of suppliers for targeted categories of spend
- Lead tier II and support CMs in tier 1 supplier performance and relationship management efforts focused on improving total cost of ownership, quality, delivery, and continuous improvement
- Develop plans with suppliers that support business goals and strategies, while driving continuous improvement and collaboration to strengthen partnerships and bring value to the company and the supplier
- Support development of supplier scorecards and monitors performance
- Work with Category Managers and business stakeholders to ensure metrics are meaningful and measurable
- Support the resolution of disputes with suppliers
- Develop effective skills for managing complex supplier relationships and continuous improvement efforts
- Support CMs in developing and conducting strategic contract negotiations and may lead negotiations in some instances
- Ensure all contract processes are followed, documents are complete, and appropriate records are retained
- Monitor compliance across buying channels, supplier, and contract purchasing execution
- Coordinate the resolution of disputes and contract adjustments with suppliers and internal stakeholders
- Communicate contract summary and implementation plans
- Support development of risk management strategies and in conjunction with Legal and Security, apply understanding of underlying principles of contract law to administer all category contract agreements
- In collaboration with business area management, manage and define risk elements of contracts
- Limit risk by ensuring all required documents and notices have been obtained and are satisfactory
- Support category and project plan development for the implementation of Supply Chain strategy
- Interact and maintain relationships with partners to integrate sourcing and business project plans
- Support change management efforts
Requirements
- Bachelor's degree in Supply Chain Management, business, or related technical/analytical field
- Equivalent combination of education and experience may be considered
- Requires three years of supply chain experience
- Proficient in contract formation, negotiation, and execution
- Willing to pursue Certified Professional in Supply Management (CPSM) or equivalent
- Previous experience in plant operations, utility field operations, finance or business administration is a plus
- Proficiency in Microsoft Office suite and experience with purchasing and sourcing systems strongly preferred
- Required to attend meetings across the region
- Up to 10% travel is 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
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