This role will ideally be a hybrid position based out of Cumberland, RI or Buffalo Grove, IL and candidates within a commutable distance to one of these locations will be required to be in office 2 or 3x weekly

CVS Health’s Enterprise Procurement department, a key function within the company’s Finance Global Business Services organization, is in search of a Sourcing Category Manager who be responsible for the Enterprise Services IT spend category. This includes Enterprise IT Services with supplier in sub-categories such as hardware, labor, software, cloud, data center, network/telephony and end user compute. This role will be responsible for defining and executing sourcing strategies that drive P&L value across the services within the assigned CVS Health spend category. To achieve success in this role, the Sr. Category Manager must lead the establishment and development of highly productive relationships with key stakeholders and executive leaders as part of their relationship management practice.
The Sr. Category Manager will be a SME and highly skilled in use of tools such as spend analytics, market intelligence, and existing vendor agreements to build and maintain a pipeline of sourcing opportunities within the category. In this position, you will also play a leadership role representing procurement on large scale strategic enterprise initiatives and special projects (e.g. sourcing process transformation, acquisition integration, etc.) as well as leading the development and delivery of category management plans.

The Indirect Strategic Sourcing team manages over $9B 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 Sr. Category Manager, you will be a leader on the Sourcing & Category Management team, you should have an enterprise mindset, possess highly developed business background, and be a strong communicator who is able to establish lasting relationships with business leaders as well as internal and external stakeholders, inclusive of executive level management. The Sr. Category Manager will take on leadership of their projects and mentor a combination of Category Managers and Category Analysts. This critical role will report to a Lead Director within the Indirect Strategic Sourcing team.

• Develop and maintain short, medium and long term category management and strategic sourcing plans, spend profiles, and pipeline of opportunities
• Establish scheduled sourcing and category management reviews and planning sessions with key leaders within the assigned business area, shared services and procurement leadership; establish self as category management and strategic sourcing leader and expert
• Lead analyst level resources on sourcing activities and analysis to ensure successful execution of RFx events aligned with category management strategy
• Accountable for development and delivery of savings targets and measuring savings achievements
• 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

Required Qualifications
5+ years of professional experience related to IT Strategic Sourcing & Category Management, Finance, Supply Chain, Procurement Analytics, Project Management, or Management Consulting

Ability to travel up to 15% for supplier presentations, site visits, and key department meetings at RI Headquarters (no more than quarterly)

Preferred Qualifications
• Possess a strong business acumen and high level of problem solving and critical thinking skills
• Excellent communication and interpersonal skills, with an ability to confidently and expertly interact with internal and external stakeholders at all levels
• Strong analytical ability, strategic thinker, learn and process new information quickly
• Background and use of Project/Program Management tools and methodology (Agile, Waterfall, Scrum, etc)
• 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
• Proven experience negotiating complex technology agreements
• Demonstrated expertise in developing vendor management and supplier consolidation plans
• Experience with electronic sourcing platforms, such as ServiceNow, Ariba eSourcing, etc. is a plus

Education
Bachelor’s degree required, focus in Accounting/Finance/Business Administration/Supply Chain preferred or equivalent experience. MBA or relevant Master’s degree is a plus