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CVS Health Strategic Sourcing Analyst, Senior in Cumberland, Rhode Island

Job Description

As a Senior Analyst on the Strategic Sourcing team, your primary role will be to lead the execution of a broad array of sourcing projects (i.e. RFPs, RFQs, negotiations) for indirect products and services across the enterprise.

In addition to managing sourcing projects, this role involves assessing cost reduction opportunities by researching market trends, internal spend data, and evaluating current agreements with CVS Health's vendor partners. In this role, you may also be tasked with supporting Procurement leadership with the execution of other key special projects (e.g. acquisition integration, etc.).

This role reports directly to the Senior Manager of Strategic Sourcing, and will work in a team environment that provides support and guidance to ensure that Strategic Procurement is effectively serving its internal stakeholders.

As a Senior Analyst, you will:

  • Execute and lead multiple medium-to-large sourcing engagements, some of which will entail a high level of complexity

  • Work with business stakeholders and Sourcing Category Managers to develop the strategy and approach for each RFx event

  • Compile scope of work and requirements, analyze and evaluate vendor proposals, and negotiate final commercial terms

  • Confidently present analyses - both quantitative and qualitative - to Procurement and Business leadership to obtain approval to award business

  • Organize and lead effective meetings with internal and external stakeholders

  • Conduct market research that supports negotiation strategies and award decisions for each sourcing event

  • Effectively communicate and demonstrate Strategic Sourcing's value proposition to internal business partners/stakeholders

This job is available in Cumberland, RI, Hartford, CT, Irving, TX and Scottsdale, AZ.

Required Qualifications

  • 1 or more years' experience with Microsoft Excel in a professional or academic setting

Preferred Qualifications

  • Previously analytical or procurement experience a plus

  • Strong analytical ability, ability to think strategically, and learn and process new information quickly.

  • Excellent verbal communication and interpersonal skills, with an ability to confidently and expertly interact with internal and external stakeholders.

  • Shown ability to handle multiple tasks without direct supervision, while paying strong attention to detail and follow-up.

  • Ability to quickly capture, analyze, and summarize data.

  • Strong organization and project management skills.

  • Eager to gain new experiences, qualifications, and responsibilities.

  • Experience with electronic sourcing platforms, such as Ariba eSourcing, strongly preferred.


High School Diploma/GED required.

Bachelor's Degree strongly preferred; preferably a major related to Management, Business, Economics, Finance, or Accounting

Master's Degree in a related field of study is a plus

Business Overview

It’s a new day in health care.

Combining CVS Health and Aetna was a transformative moment for our company and our industry, establishing CVS Health as the nation’s premier health innovation company. Through our health services, insurance plans and community pharmacists, we’re pioneering a bold new approach to total health. As a CVS Health colleague, you’ll be at the center of it all.

We offer a diverse work experience that empowers colleagues for career success. In addition to skill and experience, we also seek to attract and retain colleagues whose beliefs and behaviors are in alignment with our core values of collaboration, innovation, caring, integrity and accountability.

CVS Health is an equal opportunity/affirmative action employer. Gender/Ethnicity/Disability/Protected Veteran – we highly value and are committed to all forms of diversity in the workplace. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities. We comply with the laws and regulations set forth in the following EEO is the Law Poster: EEO IS THE LAW at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf and EEO IS THE LAW SUPPLEMENT at https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm . We provide reasonable accommodations to qualified individuals with disabilities. If you require assistance to apply for this job, please contact our Advice and Counsel Reasonable Accommodations team at mailto:AdviceCounsel@cvshealth.com . Please note that we only accept applications for employment via this site.

If technical issues are preventing you from applying to a position, contact Kenexa Helpdesk at 1-855-338-5609 or cvshealthsupport@us.ibm.com . For technical issues with the Virtual Job Tryout assessment, contact the Shaker Help Desk at 1-877-987-5352.