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Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

CVS Health’s Enterprise Procurement department, a key function within the company’s Corporate Finance organization, is in search of a Strategic Sourcing Analyst – Professional Services team. In this role, you will be responsible for leading the execution of a broad array of RFx events for indirect products and services within Professional Services (e.g., Marketing, Consulting, Print, HR, etc.).

In addition to executing a large variety of sourcing events, this role will also be responsible for providing analytical and project management support to sourcing leadership and assist with category management activities such as pipeline development, data management, and expiring contract reviews.

This role reports directly to the Lead Director of Strategic Sourcing - Professional Services, and will work in a team environment that provides support and guidance to ensure that Enterprise Procurement is effectively serving its internal stakeholders.

The Strategic Sourcing team manages over $11B in annual indirect spend across a range of IT and non-IT categories that support key business units across the enterprise (Retail, PBM, Insurance, Specialty/Clinical, etc.). As a Senior Analyst on the Sourcing team, you should have an enterprise mindset, possess an entrepreneurial self-starting mentality, and be a strong communicator who is able to establish lasting relationships with business leaders as well as internal and external stakeholders.

Key Responsibilities:

• Execute and lead a variety of sourcing events in support of category

• Provide analytical support to category leaders on RFx events and major initiatives

• Support category management activities (expiring contract review, pipeline development, opportunity assessment, etc.)

• Provide project management and communication support to category leaders (project tracking, meeting minutes, etc.)

• 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

This is a hybrid role that will require the selected candidate to be in-office preferably at the corporate headquarters in Woonsocket, RI or Hartford, CT 2-3x per week.

Required Qualifications:

• 2-3 years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, or Management Consulting

Preferred Qualifications:

• Possess a strong business acumen and high level of problem solving and critical thinking skills

• Excellent verbal communication and interpersonal skills, with an ability to confidently and expertly interact with internal and external stakeholders

• Strong analytical ability, strategic thinker, learn and process new information quickly

• Ability to quickly capture, analyze, and summarize large data sets

• Strong organization and project management skills

• Shown ability to handle multiple tasks without direct supervision, while paying strong attention to detail and follow-up

• Intellectually curious, eager to gain new experiences, qualifications, and responsibilities

Education:

Bachelor's degree required. Preferably a major related to Management, Business, Economics, Supply-Chain, Finance, Accounting.

Pay Range

The typical pay range for this role is:

$46,988.00 - $112,200.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.

For more detailed information on available benefits, please visit Benefits | CVS Health (https://jobs.cvshealth.com/us/en/benefits)

We anticipate the application window for this opening will close on: 12/30/2024

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.