Category Manager, Strategic Sourcing

Category Manager, Strategic Sourcing

We'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 Category Manager, Strategic Sourcing advances CVS Health's procurement transformation by leading data-driven, digitally enabled sourcing initiatives and supporting category management across indirect spend. Leveraging prior managerial sourcing experience, this role partners with category leaders and stakeholders to shape and execute sourcing and category strategies, applying analytics, digital workflows, automation, and AI to drive enterprise value, transparency, and continuous improvement.

Key Responsibilities

• Sourcing Execution & Strategic Enablement
• Lead moderately complex to complex sourcing events aligned to category strategies and enterprise priorities, supporting near- and long-term category objectives
• Own end-to-end RFx development, including scopes of work, evaluation frameworks, and award recommendations informed by category insights and market dynamics
• Lead supplier engagement and negotiations, developing negotiation strategies and commercial trade-offs to deliver compliant, value-focused outcomes aligned to category roadmaps
• Serve as an escalation point for execution and negotiation issues, partnering with category leaders to mitigate risk and protect category strategy
• Analytics & Decision Support
• Perform advanced analysis of spend, supplier performance, contracts, and proposals to influence strategy
• Identify risks, value opportunities, and improvement levers across assigned categories
• Deliver executive-level insights linking data to business and financial outcomes
• Transformation & Continuous Improvement
• Lead adoption of sourcing processes, analytics, reporting, and digital tools
• Contribute to standardization, best practices, and continuous improvement initiatives
• Partner with senior leaders on pilots and transformation programs, owning assigned workstreams
• Support knowledge sharing and capability building across the team
• Stakeholder & Team Collaboration
• Act as a primary sourcing partner to cross-functional stakeholders, presenting sourcing strategies, insights, and recommendations to business audiences to support alignment and decision-making
• Provide informal coaching to elevate sourcing and analytics capabilities, including guiding stakeholders through insights, tools, and outputs
• Build trusted relationships with category teams by clearly articulating sourcing outcomes and value stories that support strategy and long-term value realization

Key Competencies

Strong analytical skills applied to data, automation, and AI to improve sourcing execution

Operates independently in a matrixed environment with sound judgment and appropriate escalation

Clear, influential communicator of sourcing insights and recommendations to stakeholders

Manages multiple complex priorities while delivering high-quality results

Proactive, collaborative owner with a continuous-improvement mindset

Qualifications

5+ years of experience in sourcing, procurement, finance, analytics, consulting, or a related field

Advanced proficiency in Excel; experience with data visualization, dashboards, or procurement analytics tools

Demonstrated experience leading RFx processes, sourcing platforms, contract analysis, or digital transformation initiatives

Experience working in large, complex, or matrixed organizations strongly preferred

Education

Bachelor's degree or equivalent years of experience is required; MBA or advanced degree preferred

Work Model: Hybrid

Candidates within commuting distance to Woonsocket, RI; Hartford, CT; Buffalo Grove, IL; will work onsite two days per week.

Anticipated Weekly Hours: 40

Time Type: Full time

Pay Range: $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.

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. 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.