Senior Sourcing Analyst, IT Procurement

Senior Analyst, It Strategic Sourcing & Category Management

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. This role is within the Enterprise Procurement department, a key function within the company's Global Business Services organization. In this role, you will be responsible for leading the execution of complex, high-impact RFx events for indirect products and services within the software, infrastructure, Cloud / SaaS and Healthcare Platform categories. In addition to managing large sourcing events, this role will also be responsible for supporting the Category Managers and Lead Director with category strategy and pipeline development. This role reports directly to the Lead Director IT Strategic Sourcing & Category Management 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 $10B 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 sourcing events in support of category
• Provide analytical support to category leaders on RFx events and major initiatives
• Support category management activities (expiring contract review, pipeline development, opportunity assessment, etc.)
• Provide project management and communication support to category leaders (project tracking, meeting minutes, etc.)
• Compile scope of work and requirements, analyze and evaluate vendor proposals, and negotiate final commercial terms
• Conduct market research that supports negotiation strategies and award decisions for each sourcing event
• 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 is a hybrid role that will require the selected candidate to be in-office at the corporate headquarters in either Hartford, CT, Woonsocket, RI, or Buffalo Grove, IL 2x per week on Tuesdays and Wednesdays.

Required Qualifications :

Preferred Qualifications :

Education :

Anticipated Weekly Hours 40

Time Type Full time

Pay Range The typical pay range for this role is : $46,988.00 - $112,200.00

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 :

We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex / gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.