Strategic Sourcing Analyst Indirect Procurement

CVS Health

2.7

(75)

Woonsocket, RI

Why you should apply for a job to CVS Health:

  • 62% say women are treated fairly and equally to men
  • 52% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

    #R0610880

    Position summary

    such as Corporate Services, Professional Services, Logistics, Construction & Facilities, Healthcare Services and Member Services.In addition to executing a large variety of sourcing events, this role will also be responsible for providing analytical and project management support to sourcing leadership and assist with category management activities such as pipeline development, data management, and expiring contract reviews.This role reports directly to the Lead Director of Strategic Sourcing - Corporate Shared Services, 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 $11B 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 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
    • 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 Woonsocket, RI 2-3x per week.Required Qualifications

    • 1-3 years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, or Management Consulting

    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

    Education

    Bachelor's degree required. Preferably a major related to Management, Business, Economics, Supply-Chain, Finance, Accounting.Anticipated Weekly Hours
    40Time Type
    Full timePay Range

    The typical pay range for this role is:$46,988.00 - $112,200.00This 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.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 peopleWe 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 different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

    For more information, visit https://jobs.cvshealth.com/us/en/benefitsWe anticipate the application window for this opening will close on: 08/14/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

    Why you should apply for a job to CVS Health:

  • 62% say women are treated fairly and equally to men
  • 52% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.