Associate Sourcing Project Specialist / Sourcing Project Specialist

Xcel Energy(NASDAQ:XEL)is a leading energy providerand Fortune 500company,dedicated toserving millionsof electricも electricity and natural gas customers across eight states:Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota,New Mexicoand Texas.We make energy work better forourcustomers, helping them thrive every day. That means always raising the bar-delivering better service and providing more reliable, resilient,and sustainable energy. Xcel Energy is a place where you’ll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you’ll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best. Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs. This position may be filled at either the Associate Sourcing Project Specialist or Sourcing Project Specialist level, depending on the selected candidate’s background and years of experience. Associate Sourcing Project Specialist ($73,700-$104,633) Position Summary Provides sourcing direction and performs sourcing activities and leverages supply chain resources to effectively support projects. Negotiates with suppliers representing internal stakeholders, executes contracts and monitors supplier performance to optimize project success. Essential Responsibilities SOURCING - Sources for goods and services in support of significant company projects (up to $5M). Coordinates the process for defining technical bid requirements and specifications and specialized terms and conditions required by individual capital projects. Executes bidding events and coordinates bid evaluation teams to analyze proposals and award business. Seeks opportunities for cost savings and cost avoidance. PROJECT MANAGEMENT - Creates and coordinates a project plan for the sourcing of goods and services and engages 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 - Negotiates contracts representing company interests in significant project purchases associated with projects. Coordinates the resolution of disputes and contract adjustments with suppliers and internal stakeholders. SUPPLIER MANAGEMENT - Monitors supplier performance to ensure supplier commitments and progress milestones are met and project value has been achieved. Collaborates with a category manager to support project needs with key suppliers in alignment with category strategies. 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 have been obtained and are satisfactory. Minimum Requirements Bachelor's degree in Supply Chain Management, Engineering, Project Management, Business, Finance or equivalent experience required. Requires three plus years of supply chain experience or five plus years experience in company operations with significant exposure to supply chain processes. Basic contract knowledge, negotiation and project management skills required. Willing and able to pursue Certified Professional in Supply Management (CPSM) or equivalent. Must be results-oriented and customer focused. Strong interpersonal and relationship skills are required. Up to 10% domestic travel is required. Associate Sourcing Project Specialist is an entry level role incorporating a two year developmental plan that, upon completion, will allow for promotional consideration to Sourcing Project Specialist. Failure to complete the developmental plan within two years can result in removal from the position. Preferred Requirements Proficiency in Microsoft Office suite and experience with purchasing and sourcing systems strongly preferred. SAP COUPA experience Sourcing Project Specialist ($84,900-$120,567) 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. Preferred Qualification Proficiency in Microsoft Office suite and experience with purchasing and sourcing systems strongly preferred. SAP COUPA experience Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together. Our Values Connected, Committed, Trustworthy, Safe Our Employee Commitments Work that makes a difference A team you can count of Opportunities to grow Rewards that help you thrive Xcel Energy provides jobapplicantsreasonable accommodations for disabilitiesthroughout the application process. Non-Bargaining The anticipated starting base pay for this position is: $73,700.00 to $120,567.00 per year Benefits Annual Incentive Program Medical/Pharmacy Plan Dental Vision Life Insurance Dependent Care Flexible Spending Account Health Care Flexible Spending 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: 10/27/26 | EEO is the Law (PDF) | Equal Opportunity Statement (PDF) | 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 and accessible to any and all users. If you are in need of an accommodation to complete the application process, now or at any time in the future, please use our Recruiting Assistance, Electra, for assistance. Electra can be found in the lower right-hand corner of our Xcel Energy Careers site. #J-18808-Ljbffr