Fleet Asset Manager

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, 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. Fleet Asset Manager Position Summary Responsible for the design, development and execution of a fleet asset replacement strategy and plan for Xcel Energy's fleet assets within assigned jurisdiction. Fleet assets are comprised primarily of automobiles, light, medium, and heavy duty trucks, and power operated equipment. Develop fleet design standards that minimize total cost while meeting user requirements. Enhance asset utilization through rental options, maintain adequate equipment pool and redeployment of existing equipment. Collaborate with business partners to develop annual budget for procurement in support of the acquisition plan. Acts as liaison with investment recovery department for divestures of fleet assets and leads monthly forecasting process. Proficient in the development and deployment of a life cycle cost analysis to determine the optimal replacement schedule minimizing the total cost of ownership. Essential Responsibilities Manage 1,800 unit fleet of owned and rented assets . Ensure asset mix and location are appropriate to support operation's work functions. Propose/execute pooling and rental strategies to share fleet assets, optimally balancing functional, emergency availability, utilization, and cost considerations. Leverage reporting tools, identifying high and low use utilization assets, to maintain Xcel's optimal fleet mix. Facilitate scorecard metric reviews and utilization improvement projects. Deploy lifecycle analysis, such as Total Cost of Ownership models, to determine optimal asset replacement timing, while meeting capital budget requirements. Lead the development and implementation of a fleet asset annual plan. Accountable for final asset plan, collaborating to gather other inputs such as condition assessments, changing work functions, headcount requirements, supplier availability, and pricing. Update asset plan throughout the year and provide delivery forecasts to operations. Validate and manages annual fleet capital and rental proposals. Establish an asset plan and leverages analytics to monitor and ensure annual spend is within budget. Collaborate with suppliers to reserve and set production schedules, partner with sourcing and purchasing to establish supplier relationship management programs, and ensure delivery timing matches budgeted spend. Provide monthly capital forecasts to business area finance. Gather functional requirements and facilitates specification approvals with operations partners. Collaborate with suppliers to build detailed fleet asset design specifications. Ensure all vehicles and equipment meet established industry regulations as well as safety and design standards. Lead Standardization projects within assigned fleet area, facilitates standards meetings with operations, suppliers, sourcing, and safety teams. Document standards in consistent speci…

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