IT Sourcing Manager – Indirect Procurement

CVS HealthWoonsocket, RI
1dHybrid

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary CVS Health’s Enterprise Procurement department, a key function within the company’s Global Business Services organization, is in search of a Category Manager Senior Analyst, Strategic Sourcing IT Category Management (Infrastructure, Cloud/SaaS, Software, Healthcare Platform) Team. In this role, you will be responsible for leading the execution of complex, high-impact RFx events for indirect products and services within Software (Enterprise, End User, Security, CRM, MarTech), Infrastructure (Data Center, Network, Servers, Laptops/PC, Telephony, CCaaS), Cloud(Public, Private, Multi, Hybrid, SaaS), Healthcare Platform/VAR (Medical Records Software, Digital Payer, Revenue Payment Cycle Management, Claims/adjudication, Value Added Reseller (VAR) Management, Technology Supplier Catalog Management). In addition to managing large sourcing events, this role will also be responsible for supporting the Category Manager and Lead Director with category strategy and pipeline development. This role reports directly to the Lead Director within the Indirect Strategic Sourcing team, 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 $12B 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.

Requirements

  • 5+ years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, Technology or Project Management.
  • Ability to travel up to 15% for supplier presentations, site visits, and key department meetings.

Nice To Haves

  • 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.
  • Negotiation Skills / Experience.
  • Vendor Management / Consolidation Experience.
  • Experience with electronic sourcing platforms, such as Ariba eSourcing, is a plus.

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.

Benefits

  • 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.
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