Senior Category Manager, Strategic Sourcing
About The Position
The Senior Category Manager, Strategic Sourcing plays a critical role in advancing CVS Health’s enterprise transformation by leading strategically important sourcing initiatives across indirect procurement. This role combines data, technology, and strong business partnership to modernize how sourcing decisions are defined, executed, and communicated. This position operates within a forward-looking procurement organization that is actively embedding digital tools, advanced analytics, and emerging AI capabilities into sourcing workflows—enabling smarter decisions, faster execution, and increased enterprise value.
Requirements
- 7+ years of experience in strategic sourcing, category management, or procurement
- Proven leadership of complex RFx events, negotiations, and end-to-end sourcing
- Track record of sustained year-over-year cost savings and strong analytical skills
- Experience with indirect categories, digital procurement tools, and/or professional certification
- Bachelor’s degree or equivalent years of experience is required
Nice To Haves
- MBA or advanced degree preferred
Responsibilities
- Develop and evolve multi‑year category strategies, leveraging market intelligence, demand analysis, total cost of ownership, and negotiation strategies to drive sustainable value and risk mitigation
- Define and lead category‑level negotiation approaches, aligning objectives, negotiation levers, and concession strategies with financial goals, market dynamics, and enterprise priorities
- Lead stakeholder and leadership reviews to align category sourcing and negotiation roadmaps with financial, operational, and enterprise strategy
- Use advanced spend and market analytics to inform negotiation planning, guide cost reduction, optimize the supply base, and unlock category value
- Advance category strategy through emerging technology and AI, applying automation and analytics to enhance negotiation insights, improve cycle times, and strengthen decision‑making
- Lead end-to-end sourcing initiatives for complex categories (RFx through contract award)
- Execute negotiations with embedded productivity, continuous improvement, and market-based pricing mechanisms
- Deliver year-over-year savings through disciplined opportunity pipelines and value tracking
- Apply competitive bidding, should-cost analysis, and total value frameworks to maximize outcomes
- Act as a trusted advisor to senior leaders by translating sourcing strategies into clear business results
- Drive cross-functional alignment across Finance, Legal, IT, Contracting, and Operations
- Communicate insights and recommendations in concise, executive-ready formats
- Develop sourcing talent in analytics, negotiation, and sourcing methodologies
- Foster a high-performance culture grounded in accountability, continuous improvement, and data-driven decision-making
Benefits
- medical
- dental
- vision coverage
- paid time off
- retirement savings options
- wellness programs
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What This Job Offers
Job Type
Full-time
Career Level
Senior
