Senior Category Manager, Strategic Sourcing

Senior Category Manager, Strategic SourcingWe're building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.The Senior Category Manager, Strategic Sourcing within the Enterprise Operations team plays a critical role in advancing CVS Health's enterprise transformation by leading strategically important sourcing initiatives across indirect procurement. This role combines data, technology, and strong business partnership to modernize how sourcing decisions are defined, executed, and communicated. This position operates within a forward-looking procurement organization that is actively embedding digital tools, advanced analytics, and emerging AI capabilities into sourcing workflows—enabling smarter decisions, faster execution, and increased enterprise value.Enterprise Operations, including Facilities, Construction, Loss Prevention, Architecture & Engineering, Logistics/Transportation, Distribution Center Operations, and Supply Chain Innovation, and related operational services.Work Model: Hybrid. Candidates within commuting distance to Woonsocket, RI; Hartford, CT; Buffalo Grove, IL; will work onsite two days per week.Key ResponsibilitiesCategory Strategy & ManagementDevelop and evolve multi-year category strategies, leveraging market intelligence, demand analysis, total cost of ownership, and negotiation strategies to drive sustainable value and risk mitigationDefine and lead category-level negotiation approaches, aligning objectives, negotiation levers, and concession strategies with financial goals, market dynamics, and enterprise prioritiesLead stakeholder and leadership reviews to align category sourcing and negotiation roadmaps with financial, operational, and enterprise strategyUse advanced spend and market analytics to inform negotiation planning, guide cost reduction, optimize the supply base, and unlock category valueAdvance category strategy through emerging technology and AI, applying automation and analytics to enhance negotiation insights, improve cycle times, and strengthen decision-makingStrategic Sourcing & NegotiationsLead end-to-end sourcing initiatives for complex categories (RFx through contract award)Execute negotiations with embedded productivity, continuous improvement, and market-based pricing mechanismsDeliver year-over-year savings through disciplined opportunity pipelines and value trackingApply competitive bidding, should-cost analysis, and total value frameworks to maximize outcomesStakeholder PartnershipAct as a trusted advisor to senior leaders by translating sourcing strategies into clear business resultsDrive cross-functional alignment across Finance, Legal, IT, Contracting, and OperationsCommunicate insights and recommendations in concise, executive-ready formatsTeam Leadership & DevelopmentDevelop sourcing talent in analytics, negotiation, and sourcing methodologiesFoster a high-performance culture grounded in accountability, continuous improvement, and data-driven decision-makingKey CompetenciesStrategic mindset connecting analytics, technology, and business outcomesProven ability to lead sourcing initiatives end-to-end in evolving or transformational environmentsStrong stakeholder management and cross-functional influenceComfort navigating ambiguity and driving structure through data and process disciplineInterest in leveraging automation, advanced analytics, and AI to elevate sourcing effectivenessQualifications7–10 years of experience in strategic sourcing, category management, or procurementProven leadership of complex RFx events, negotiations, and end-to-end sourcingTrack record of sustained year-over-year cost savings and strong analytical skillsExperience with indirect categories, digital procurement tools, and/or professional certificationEducationBachelor's degree or equivalent experience (4 years). MBA or advanced degree preferred.Pay Range: $82,940.00 - $182,549.00. 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. This position also includes an award target in the company's equity award program.Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.Great benefits for great people. We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.