Senior Analyst Procurement, CVS Health

CVS Health

Location:
United States, Buffalo Grove, IL or Woonsocket, RI

Category:
Finance

Contract Type:
Employment contract

Salary:

46988.00 - 112200.00 USD / Year

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Job Description:

CVS Health’s Enterprise Procurement department, a key function within the company’s Global Business Services organization, is in search of a Senior Analyst to join the IT Strategic Sourcing & Category Management team. In this role, you will be responsible for leading the execution of complex, high-impact RFx events for indirect products and services within the software, infrastructure, Cloud/SaaS and Healthcare Platform categories.

Job Responsibility:

Execute and lead a variety of complex, high-value, high visibility sourcing events in support of category
Support development of category plans, pipeline, and other category materials
Manage expiring contract process to support pipeline development for category
Work with Sourcing Category Managers to develop the strategy and approach for each RFx event
Organize and lead effective meetings with internal stakeholder and external suppliers
As appropriate, delegate RFx events and tasks to Sourcing Analysts and provide guidance to ensure successful execution
Conduct market research that supports negotiation strategies and award decisions for each sourcing event
Compile scope of work and requirements, analyze and evaluate vendor proposals, and negotiate final commercial terms
Develop and confidently present analysis - both quantitative and qualitative - to Procurement and Business leadership to obtain approval to award business
Effectively communicate and demonstrate Strategic Sourcing's value proposition to internal business partners/stakeholders

Requirements:

3+ years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, or Project Management
Ability to travel up to 10% for supplier presentations, site visits, and key department meetings at RI Headquarters (no more than quarterly)
Bachelor's degree required or equivalent years of related experience

Nice to have:

Healthcare Platform & Solution knowledge
Working knowledge of problem solving and decision making skills
APICS Certified Supply Chain Analyst (CSCA) preferred
Negotiation Skills / Experience
Vendor Management / Consolidation Experience
Experience with electronic sourcing platforms, such as Ariba e-Sourcing, etc.

What we offer:

Affordable medical plan options
401(k) plan (including matching company contributions)
Employee stock purchase plan
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
Paid time off
Flexible work schedules
Family leave
Dependent care resources
Colleague assistance programs
Tuition assistance
Retiree medical access

Additional Information:

Job Posted:
April 23, 2025

Expiration:
April 30, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Senior Analyst Procurement