Principal Category Manager

Job overview

Principal Category Manager is listed in Denver, CO. Compensation is $112,200–$159,400 annually. Xcel Energy provides electricity and natural gas to customers across eight states and supports reliable, resilient, and sustainable energy. The manager leads sourcing strategy for critical categories, aligning supplier performance, contracts, and risk management with business needs. The role guides cross-functional teams and negotiations to capture value and support enterprise-wide outcomes.

What you'll do

• Develop and implement enterprise category strategies
• analyze spend, costs, suppliers, and risk
• lead complex sourcing events and negotiations
• manage critical supplier relationships and performance
• establish KPIs
• resolve supplier disputes
• negotiate and monitor contracts
• manage contract risk with Legal and Security
• create project plans
• mentor and guide supply chain team members.

What we're looking for

Skills & competencies

principal category manager

category strategy

strategic sourcing

supplier management

contract negotiation

risk management

supply chain

energy

denver co

xcel energy

up to 20% travel

$112,200–$159,400 annually

Work arrangement

• Weekend coverage required

Benefits & perks

• Annual incentive program
• medical, pharmacy, dental, and vision
• life insurance
• disability
• HSA and FSA options
• tuition reimbursement
• pension and 401(k)
• paid time off, holidays, volunteer time off, and parental leave.

Why this role

Anticipated starting base pay is $112,200–$159,400 per year. The role requires up to 20% travel and a driver’s license.

About the employer

Xcel Energy is hiring for this role. Industry: Electric Power Distribution. Sector: 22.