Sourcing Project Specialist

Xcel Energy

Sourcing Project Specialist leading complex sourcing projects for Xcel Energy. Overseeing negotiations, supplier performance, and project outcomes while mentoring junior staff.

Posted 7/24/2026full-timeMinneapolis • Minnesota • 🇺🇸 United StatesMid-LevelSenior💰 $90,000 - $120,567 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in sourcing and supply chain management, with a strong focus on negotiation strategies, contract administration, and supplier performance optimization. Proven ability to lead complex projects and mentor team members while maintaining strong relationships with stakeholders.

Highest-signal resume keywords

Sourcing And Supply Chain ManagementContract NegotiationProject ManagementCertified Professional In Supply Management (CPSM)Supplier Relationship Management

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Contract LawNegotiation StrategiesProject PlanningSupplier Performance MonitoringBid EvaluationCost Savings StrategiesRisk ManagementSourcing Event ManagementPurchasing SystemsLogistics Experience

Soft Skills

Interpersonal SkillsRelationship ManagementPresentation SkillsMentoringCoaching

Tools & Technologies

Microsoft Office SuitePurchasing Systems

Certifications & Qualifications

Certified Professional In Supply Management (CPSM)

Industry Keywords

Supply Chain ManagementProject ManagementNegotiationSupplier CompetitionCapital Projects

About the role

Key responsibilities & impact

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

Requirements

What you’ll need

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

Benefits

Comp & perks

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