At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care. As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day. Applies in-depth knowledge in sourcing, evaluating suppliers, negotiating contracts, and procuring goods and services to meet the organization's needs. Collaborates with internal stakeholders to understand procurement requirements, ensure timely and cost-effective purchasing, and maintain supplier relationships. Monitors market trends, assesses supplier performance, and implements procurement best practices to optimize the procurement process. Position Summary Analyzes complex data and trends within procurement operations to identify opportunities for cost savings process improvement, as well as third-party supplier performance enhancement. Applies in-depth knowledge of procurement principles and best practices to analyze and implement core procurement strategies that optimize sourcing, supplier selection, and contract management. Conducts routine examinations and evaluations of procurement activities and systems to identify potential risks, bottlenecks, and areas for process optimization. Implements and configures procurement systems and technologies to support efficient procurement workflows and enhance visibility across the procurement function. Identifies opportunities to streamline and automate procurement processes, leveraging emerging technologies and industry best practices. Coordinates large or complex procurement projects, collaborating with cross-functional teams to ensure successful project implementation to effectively achieve procurement goals. Communicates effectively, both internally and externally, to collaborate with stakeholders, suppliers, and cross-functional teams to ensure seamless procurement processes and drive successful supplier relationships. Documents and maintains accurate records of procurement activities, including contract management, supplier performance, and compliance monitoring. Provides expertise and guidance to junior analysts and support staff, offering training, mentoring, and knowledge sharing to foster their professional growth and development.