Senior Sourcing Analyst

CVS Health

1d•Hybrid

About The Position

The Senior Sourcing Analyst supports CVS Health’s procurement transformation by contributing to data‑driven, digitally enabled sourcing activities across indirect spend categories. Partnering with category managers and stakeholders, the role supports and leads well‑defined sourcing initiatives through analysis, coordination, and documentation, leveraging standardized workflows, analytics, and automation to improve efficiency and consistency across the procurement lifecycle.

Requirements

Bachelor’s degree required
2–5 years of experience in sourcing, procurement, finance, analytics, consulting, or a related discipline
Strong proficiency in Excel; experience with data visualization, dashboards, or procurement analytics tools
Exposure to RFx processes, sourcing platforms, contract analysis, or digital transformation initiatives
Experience working in large, complex, or matrixed organizations is a plus

Nice To Haves

Strong analytical foundation, with interest in using data, automation, and emerging AI tools to support sourcing decisions
Able to operate effectively in a changing, matrixed environment, adapting to evolving tools, processes, and priorities
Clear and concise communicator who connects analysis and findings to category and enterprise objectives with guidance
Highly organized and detail‑oriented, able to manage multiple priorities while delivering accurate, high‑quality work
Collaborative, growth‑oriented mindset, with readiness to take on additional responsibility and expand sourcing capabilities

Responsibilities

Execute transactional to moderately complex sourcing events using standardized digital tools and workflows in direct support of defined category strategies and objectives
Prepare and own RFx materials, scopes of work, and evaluation criteria aligned with enterprise governance and best practices, informed by category insights, demand drivers, and market context
Lead supplier communications, evaluations, and negotiations, leveraging market and category knowledge to achieve compliant, value‑optimized outcomes that support ongoing category optimization and value realization
Analyze spend, supplier performance, contracts, and proposals to inform sourcing decisions and category strategies
Identify trends, risks, and value opportunities that support procurement transformation
Develop clear, executive-ready analyses that translate complex data into actionable insights
Support adoption of new sourcing processes, reporting tools, and digital capabilities
Contribute to process standardization and continuous improvement to enable scalability across categories
Partner with senior managers and directors on analytics enhancements and transformation initiatives
Collaborate with cross‑functional partners to align sourcing activities with enterprise priorities, and present sourcing strategies, insights, and outcomes to business stakeholders to support informed decision‑making
Serve as a trusted analytical and operational partner to category teams by translating data and sourcing outcomes into clear, business‑ready narratives that enable strategic focus and value realization.