Merchandising Strategic Opportunities - Lead Director

Lead Director, Merch Opportunities

At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

Job Purpose and Summary :

The Lead Director, Merch Opportunities is responsible for driving the discovery, validation, and prioritization of new value streams to grow the Front Store business. This role will lead a portfolio of high-profile, strategic, and innovative projects aimed at driving growth for CVS merchandising, particularly through identifying assortment and product / portfolio related new opportunities to exploit. The Lead Director will work closely with category management leadership to develop and execute strategic initiatives, leveraging data-driven insights to improve business performance. This new role centralizes and standardizes strategic project-based work that was previously sub-optimally dispersed across the organization to drive greater efficiencies and outsized growth.

Primary Job Duties & Responsibilities :

FS Merch Opportunities (50% of time) :

• Drives discovery of new value streams (specifically around : assortment, product, portfolio, vendor-negotiations, etc.) to help grow the Front Store business based on inputs from category management leaders, Business Accleration team partners and external observations; hypotheses
• Ensures new value streams are sized (analyzing internal and external data sources), validated and prioritized before championing them to business acceleration partners and merchandising leaders to ensure buy in
• Leads process-design, adoption of, execution (and ultimately, value creation) from new value streams
• Engages cross functional partners in support of new value streams, overcoming any roadblocks and influences leaders across CVS functions in order to build alignment around vision, design and implementation
• Drives insights and analytical processes to ensure execution and implementation of new initiatives fit with strategic purpose, and are delivered on time, and on budget
• Cultivates relationships with category management to ensure opportunities are relevant and practical, and recommendations are executable and rigorous confirmation of financial impact of actions taken

Strategic Projects & Innovation (20%) :

Strategy Development (15%) :

Talent Development (15%) :

Education : Bachelor Degree

Required Experience :

Preferred Qualifications :

Pay Range :

The typical pay range for this role is :

$100,000.00 - $231,540.00

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 our comprehensive and competitive mix of pay and benefits investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include :

Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan .

No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.

Benefit solutions that address the