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.Position SummaryCVS Health’s Enterprise Procurement department, a key function within the company’s Finance Global Business Services organization, is in search of a Sourcing Category Manager who be responsible for the Enterprise Services IT spend category. This includes Enterprise IT Services with supplier in sub-categories such as hardware, software, cloud, data center, network/telephony, and end user compute. This role will be responsible for defining and executing sourcing strategies that drive P&L value across the services within the assigned CVS Health spend category. To achieve success in this role, the Category Manager must develop highly productive relationships with leaders and key business stakeholders, and leverage tools such as spend analytics, market intelligence, and existing vendor agreements to build and maintain a pipeline of sourcing opportunities within the category. In this position, you will also play a meaningful role representing procurement on large scale strategic enterprise initiatives and special projects (e.g. sourcing process transformation, acquisition integration, etc.).The Indirect Strategic Sourcing team manages over $9B 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 Category Lead on the Sourcing team, you should have an enterprise mindset, possess highly developed business background, and be a strong communicator who is able to establish lasting relationships with business leaders as well as internal and external stakeholders. This critical role will report to a Lead Director within the Indirect Strategic Sourcing team. Develop and maintain short-, medium- and long-term category management and strategic sourcing plans, spend profiles, and pipeline of opportunities.
Schedule and maintain cadence of regularly scheduled sourcing and category management reviews and planning sessions with key leaders within the assigned business area; establish self as category management and strategic sourcing leader and expert.
Guide analyst base on sourcing activities to ensure successful execution of RFx events for category.
Accountable for quantifying and delivering against savings targets for category.
Serve as execution lead on major Sourcing events with high complexity, spend, and/or visibility.
Educate business partners on policies and processes in place to support Strategic Sourcing; communicate and demonstrate team’s value proposition.
Maintain status of all completed, active, and planned sourcing activities to review with Strategic Sourcing management.
Effectively communicate Strategic Sourcing’s value proposition and goals to key leaders and stakeholders
Leverage spend analytics, market intelligence, and expiring contracts reporting to continuously build pipeline of opportunities for sourcing to address within category
Maintain strong working relationship with CVS Health’s business and vendor management teams, ensuring that Strategic Sourcing is engaged early on all prospective engagements requiring vendor support.
Work with stakeholders to develop bid strategies and create effective scope of work documents for competitive bid processes.
Develop processes to ensure that CVS Health’s business stakeholders are utilizing preferred suppliers wherever possible, thereby leveraging the enterprise’s scale to drive greater value for the company.
Collaborate with CVS Health’s contracting team to identify new and creative approaches to contracting with vendor partners.
Required Qualifications
7+ years of professional experience related to IT Strategic Sourcing & Category Management, Finance, Supply Chain, Procurement Analytics, Project Management, or Management Consulting
Ability to travel up to 15% for supplier presentations, site visits, and key department meetings at RI Headquarters (no more than quarterly)
Preferred Qualifications
Possess a strong business acumen and high level of problem solving and critical thinking skills.
Excellent communication and interpersonal skills, with an ability to interact with internal and external stakeholders confidently and expertly at all levels.
Strong analytical ability, strategic thinker, learn and process new information quickly.
Background and use of Project/Program Management tools and methodology (Agile, Waterfall, Scrum, etc.)
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.
Proven experience negotiating complex technology agreements.
Demonstrated expertise in developing vendor management and supplier consolidation plans.
Experience with electronic sourcing platforms, such as ServiceNow, Ariba eSourcing, etc. is a plus.
Education Bachelor’s degree required, focus in Accounting/Finance/Business Administration/Supply Chain preferred and or relevant equivalent work experience. Pay RangeThe typical pay range for this role is:$79,200.00 - $174,200.00This 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. 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 jobs.CVSHealth.com/benefits CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated. You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through [email protected] If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.