Strategic Sourcing Specialist, CVS Health

CVS Health

Location:
United States, Woonsocket

Category:
Purchasing

Contract Type:
Employment contract

Salary:

46988.00 - 112200.00 USD / Year

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Job Description:

The Strategic Sourcing Analyst plays a critical role in executing sourcing events and supporting category management for indirect products and services. This includes categories under Enterprise Operations such as Facilities, Supply Chain, and other operational services. The role supports over $2.4B in annual spend across CVS Health's enterprise units with over 7,400 active contracts.

Job Responsibility:

Lead and execute RFx events (RFPs, RFQs, negotiations) for Enterprise Operations categories
Provide analytical support to category leaders on sourcing initiatives
Support category management activities: expiring contract reviews, pipeline development, opportunity assessments
Compile scope of work and requirements, analyze vendor proposals, and negotiate commercial terms
Present quantitative and qualitative analysis to leadership for business award decisions
Communicate Strategic Sourcing's value proposition to internal stakeholders
Assist with project tracking, meeting documentation, and communication support

Requirements:

1–3 years of experience in Sourcing & Category Management, Finance, Supply Chain, Procurement or Analytics
Strong business acumen and problem-solving skills
Excellent verbal communication and interpersonal skills
Strong analytical ability and strategic thinking
Ability to manage multiple tasks independently with attention to detail
Experience with Microsoft Excel (Pivot Tables, VLOOKUP, Charts)
Experience with Ariba or with a similar e-procurement software platform
Bachelor's degree required (preferred majors: Management, Business, Economics, Supply Chain, Finance, Accounting)

Nice to have:

Enterprise mindset and self-starting mentality
Ability to build lasting relationships with internal and external stakeholders
Intellectual curiosity and eagerness to expand responsibilities
MBA preferred

What we offer:

Affordable medical plan options
401(k) plan with matching company contributions
Employee stock purchase plan
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:
November 01, 2025

Expiration:
November 25, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Strategic Sourcing Specialist