Xcel Energy

Manager, Strategic Supply Chain Sourcing

Minneapolis, MN

$140,000-$165,000

About This Job

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

Manage the development and execution of sourcing category, supplier, and risk management strategies with an enterprise-wide approach to planning and execution. Manage and provide leadership to a team of Category Managers. Collaborate with senior leadership and key stakeholders to implement procurement best practices that generate maximum value from supplier contracts. Oversee the creation and implementation of strategies that enable top quartile savings achievement and supplier service level agreements. Work with Supply Chain Governance & Enablement to ensure compliance across buying channels, suppliers, and contract execution as well as ensuring work complies with policies and regulations. Represent the company in interactions with current and potential suppliers. Develop and implement supplier performance and relationship management programs.

Essential Responsibilities

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Manage and provide leadership to category managers in the development and implementation of enterprise-wide approaches to category management strategies for key segments of external spend as well as supplier performance and relationship programs for strategic suppliers.

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Work with the Supply Chain Leadership Team to identify, develop, implement, and monitor opportunities for process improvement and value creation initiatives. Review and analyze sourcing data (e.g. total cost of ownership, cost models, etc.), market trends, benchmarking best practices, and maintain market awareness to provide continuous improvement guidance for sourcing strategies.

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Allocate category managers in support of category management and strategic sourcing priorities. Manage category managers in the execution of strategic sourcing and contract development, implementation, and governance.

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Collaborate and communicate with business stakeholders to ensure sourcing excellence (e.g. value capture, supply security, stakeholder satisfaction). Provide timely reporting of changes in critical business matters to internal and external stakeholders, and regular updates on category strategies and supplier performance, including the development and monitoring of key performance indicators. Provide change management leadership.

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Work with the Director, Strategic Sourcing to develop strategies to address changing business priorities, and to identify and recommend changes in programs and policies that drive achievement of performance objectives, including a key focus on value capture.

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Hire, manage, coach, and develop employees to create a high performing workforce to meet Xcel Energy's present and future needs

Minimum Requirements

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Bachelor's degree in Supply Chain Management, business, or related technical/analytical field.

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MBA is highly desired and CPSM or other Supply Chain certification are a plus.

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Eight years of supply chain experience required.

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Previous management experience of at least two years.

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Extensive knowledge and experience in all elements of supply chain, including: strategic sourcing, purchasing, planning, forecasting, inventory management, logistics, warehousing, and supplier relationship management.

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Experience in complex contract development and negotiation.

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Strong spend and cost analysis, supply market knowledge, and financial background preferred.

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Excellent written and verbal communication, project management, leadership, and interpersonal skills.

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Ability to travel; driver's license required.

Preferred Qualifications

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Experience with energy supply, renewables, and electrical equipment is desired

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com.

Non-Bargaining

The anticipated starting base pay for this position is: $140,000.00 to $165,000.00 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 reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.

Deadline to Apply: 06/17/25

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)

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. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

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