Hybrid Procurement Project Manager, Vendor Management

at CVS Health

• Job title: Procurement Project Manager, Vendor Management
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $66,330 - $145,860 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Woonsocket, United States

About the role

• Sourcing Manager overseeing indirect spend for CVS Health's Enterprise Procurement team. Leading complex sourcing events and vendor management initiatives with a focus on strategic sourcing.

Responsibilities

• Execute and lead a variety of complex, high-value, high visibility sourcing events in support of category
• Support development of category plans, pipeline, and other category materials
• Manage expiring contract process to support pipeline development for category
• Work with Sourcing Category Managers to develop the strategy and approach for each RFx event
• Organize and lead effective meetings with internal stakeholder and external suppliers
• As appropriate, delegate RFx events and tasks to Sourcing Analysts and provide guidance to ensure successful execution
• Conduct market research that supports negotiation strategies and award decisions for each sourcing event
• 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

Requirements

• 3-5 years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, or Project Management
• 3-5 years specific to vendor management
• 5+ years overall experience
• Ability to travel up to 15% for supplier presentations, site visits, and key department meetings at RI Headquarters (no more than quarterly)

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
• 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.