Senior IT Sourcing Analyst Indirect Procurement

Category Manager Senior Analyst, Strategic Sourcing IT Category Management

CVS Health's Enterprise Procurement department, a key function within the company's Global Business Services organization, is in search of a Category Manager Senior Analyst, Strategic Sourcing IT Category Management (Infrastructure, Cloud/SaaS, Software, Healthcare Platform) Team.

In this role, you will be responsible for leading the execution of complex, high-impact RFx events for indirect products and services within Software (Enterprise, End User, Security, CRM, MarTech), Infrastructure (Data Center, Network, Servers, Laptops/PC, Telephony, CCaaS), Cloud (Public, Private, Multi, Hybrid, SaaS), Healthcare Platform/VAR (Medical Records Software, Digital Payer, Revenue Payment Cycle Management, Claims/adjudication, Value Added Reseller (VAR) Management, Technology Supplier Catalog Management).

In addition to managing large sourcing events, this role will also be responsible for supporting the Category Manager and Lead Director with category strategy and pipeline development. This role reports directly to the Lead Director within the Indirect Strategic Sourcing team, 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 $12B 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 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.

This role will ideally be a hybrid position based out of Woonsocket, RI, and will be required to be in office weekly.

Required Qualifications:

• 5+ years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, Technology or Project Management.
• Ability to travel up to 15% for supplier presentations, site visits, and key department meetings.

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.
• Negotiation Skills / Experience.
• Vendor Management / Consolidation Experience.
• Experience with electronic sourcing platforms, such as Ariba eSourcing, is a plus.

Education:

• Bachelor's degree in Management, Business, Economics, Supply-Chain, Finance, Accounting Technology or a in a related field or equivalent years of relevant experience is required.
• MBA or Master's Degree in a related field of study is a plus.

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$66,330.00 - $145,860.00

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.

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. This full?time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well?being of 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.

Additional details about available benefits are provided during the application process and on Benefits Moments.