Sourcing Project Specialist

Xcel Energy; Monticello (MN); On-site; USD 90,000 - 121,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

401(k) plan

Paid time off

Holidays

Parental Leave

Job summary

Xcel Energy in Minnesota is seeking a Sourcing Project Specialist to lead sourcing for large capital projects, negotiate contracts, and manage supplier performance. You will mentor junior staff, manage project plans, and coordinate with internal stakeholders to optimize outcomes.

The role requires significant experience in purchasing, sourcing or logistics, plus strong contract knowledge and project management skills. Occasional travel up to 20% may be needed.

Qualifications

• Bachelor's degree required in relevant field or equivalent experience.
• Five years of purchasing, sourcing or logistics experience.
• Project management experience is a plus.
• Significant contract knowledge, negotiation and project management skills required.
• Extensive knowledge in sourcing and supply chain management principles.
• Pursue and maintain CPSM certification or equivalent.
• Proficiency in Microsoft Office and purchasing/sourcing systems.

Responsibilities

• SOURCING - Source high-value, complex goods and services for major capital projects (up to $50M) and define bid requirements and terms.
• PROJECT MANAGEMENT - Create and manage project plans, coordinate resources, and track status with key stakeholders.
• NEGOTIATIONS - Develop negotiation strategies and lead negotiations for major project purchases.
• SUPPLIER MANAGEMENT - Track supplier performance, manage relationships, and align with category strategies.
• RISK CONTAINMENT - Manage contract risk and ensure required documents and notices are in place.
• MENTORING - Coach and develop junior staff in sourcing event management and contract processes.

Skills

Purchasing experience

Sourcing experience

Logistics experience

Contract knowledge

Negotiation

Project management

Microsoft Office

Sourcing systems

Education

Bachelor's degree in Supply Chain Management, Engineering, Project Management, Business, Finance or equivalent experience

Tools

Purchasing systems

Sourcing systems

Job description

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.

Sourcing Project Specialist

Position Summary

Provides leadership and direction for large, complex projects. Develops negotiation strategies and leads negotiations with suppliers representing all internal stakeholders. Executes contracts and monitors supplier performance to optimize project success. Mentors, coaches and oversees development of associate sourcing project specialists.

Essential Responsibilities

• SOURCING - Sources for high-value, complex goods and services in support of significant company projects (up to $50M). Leads the process for defining technical bid requirements and specifications and specialized terms and conditions required by individual capital projects. Leads bidding events and bid evaluation teams to analyze proposals and award business. Seeks opportunities to consolidate sourcing activities to encourage supplier competition. Seeks opportunities for cost savings and cost avoidance

• PROJECT MANAGEMENT - Creates and manages a project plan for the sourcing of goods and services and controls the necessary supply chain resources in support of the plan. Interacts with business unit personnel to integrate the sourcing and business project plans. Maintains relationships with key business unit stakeholders and communicates sourcing project status. Establishes metrics for evaluating and documenting specific supplier services and contractual requirements and monitors performance.

• NEGOTIATIONS - Develops negotiation strategies and leads negotiations representing company interests in major project purchases associated with capital projects. Facilitates the resolution of disputes and contract adjustments with suppliers and internal stakeholders.

• SUPPLIER MANAGEMENT - Establishes and oversees the process to track and monitor supplier performance, commitments and progress milestones to ensure full value of the project has been achieved. Identifies opportunities in collaboration with a category manager to support project needs with key suppliers in alignment with category strategies. Manages tier I and II supplier relationships as assigned

• RISK CONTAINMENT - Applies understanding of underlying principles of contract law to administer all project contract agreements and contractual forms, Defines and manages the risk elements of the contract and assembles all necessary documentation for obtaining project-specific insurance. Limits company liability by ensuring all required documents and notices have been obtained and are satisfactory.

• MENTORING - Mentors associate project specialist in sourcing event management, negotiation strategy, program standardization, supplier management, project management and risk containment.

Minimum Requirements

• Bachelor's degree in Supply Chain Management, Engineering, Project Management, Business, Finance or equivalent experience required.

• Requires five of purchasing, sourcing or logistics experience.

• Project management experience is a plus.

• Significant contract knowledge, negotiation and project management skills required.

• Requires considerable knowledge and expertise in sourcing and supply chain management principles.

• Must pursue and maintain Certified Professional in Supply Management (CPSM) certification or equivalent.

• Proficiency in Microsoft Office suite and significant experience with purchasing and sourcing systems is required.

• Must be results-oriented and customer focused.

• Strong interpersonal, relationship, and presentation skills are required.

• Up to 20% domestic travel is required.

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 [e-mail] .

Non-Bargaining

The anticipated starting base pay for this position is: $90,000.00 to $120,567.00 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: 09/11/26

EEO is the Law (https://www.dol.gov/agencies/ofccp/posters) | EEO is the Law Supplement (https://www.dol.gov/agencies/ofccp/posters) | Pay Transparency Nondiscrimination (https://www.dol.gov/agencies/ofccp/posters) | Equal Opportunity Policy (PDF) (https://www.xcelenergy.com/staticfiles/xe/Corporate/Corporate%20PDFs/Equal_Opportunity_Policy.pdf) | Employee Rights (PDF) (https://www.xcelenergy.com/staticfiles/xe-responsive/assets/images/Content/Careers/Xcel-Energy-Careers-Employee-Rights.pdf)

All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.

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