Hybrid Senior IT Category Manager, Procurement

at CVS Health

• Job title: Senior IT Category Manager, Procurement
• Job type: Full Time
• Experience level: Senior
• Salary: $82,940 - $182,549 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Woonsocket, United States

About the role

• Sourcing Category Manager responsible for managing IT Category Management indirect spend at CVS Health. Developing strategies to drive P&L value while collaborating with business leaders and stakeholders.

Responsibilities

• Develop and maintain short, medium, and long term category sourcing plans, spend profiles, and pipeline
• Schedule and maintain cadence of regularly scheduled sourcing category reviews and planning sessions with key leaders within the assigned business area; establish self as category sourcing 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

Requirements

• 7+ years working experience
• 5-8 years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, Project Management, or Management Consulting
• Ability to travel up to 10% for supplier presentations, site visits, and key department meetings at RI Headquarters (no more than quarterly)
• Bachelor’s degree is required
• 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
• 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
• Negotiation Skills / Experience
• Vendor Management / Consolidation Experience
• Experience with electronic sourcing platforms, such as Ariba eSourcing, is a plus
• MBA preferred.

Benefits

• Affordable medical plan options
• 401(k) plan (including matching company contributions)
• Employee stock purchase plan
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• 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.