IT Strategic Sourcing Leader – Sr. Category Manager

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
 
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

CVS Health’s Enterprise Procurement department, a key function within the company’s Finance Global Business Services organization, is in search of a Sourcing Category Manager who be responsible for the Enterprise Services IT spend category.  This includes Enterprise IT Services with supplier in sub-categories such as hardware, software, cloud, data center, network/telephony, and end user compute.  This role will be responsible for defining and executing sourcing strategies that drive P&L value across the services within the assigned CVS Health spend category.  To achieve success in this role, the Category Manager must develop highly productive relationships with leaders and key business stakeholders, and leverage tools such as spend analytics, market intelligence, and existing vendor agreements to build and maintain a pipeline of sourcing opportunities within the category. In this position, you will also play a meaningful role representing procurement on large scale strategic enterprise initiatives and special projects (e.g. sourcing process transformation, acquisition integration, etc.).

The Indirect Strategic Sourcing team manages over $9B 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 Category Lead on the Sourcing team, you should have an enterprise mindset, possess highly developed business background, and be a strong communicator who is able to establish lasting relationships with business leaders as well as internal and external stakeholders. This critical role will report to a Lead Director within the Indirect Strategic Sourcing team.  

Develop and maintain short-, medium- and long-term category management and strategic sourcing plans, spend profiles, and pipeline of opportunities.

Position Summary

• Develop and maintain short, medium and long term category management and strategic sourcing plans, spend profiles, and pipeline of opportunities

• Establish scheduled sourcing and category management reviews and planning sessions with key leaders within the assigned business area, shared services and procurement leadership; establish self as category management and strategic sourcing leader and expert

• Lead analyst level resources on sourcing activities and analysis to ensure successful execution of RFx events aligned with category management strategy

• Accountable for development and delivery of savings targets and measuring savings achievements

• Serve as execution lead on major Sourcing events with high complexity, spend, and/or visibility

• Educate business partners on policies and processes in place to support Strategic Sourcing; communicate and demonstrate team’s value proposition

• Maintain status of all completed, active, and planned sourcing activities to review with Strategic Sourcing management

• Effectively communicate Strategic Sourcing’s value proposition and goals to key leaders and stakeholders 

• Leverage spend analytics, market intelligence, and expiring contracts reporting to continuously build pipeline of opportunities for sourcing to address within category

• Maintain strong working relationship with CVS Health’s business and vendor management teams, ensuring that Strategic Sourcing is engaged early on all prospective engagements requiring vendor support

• Work with stakeholders to develop bid strategies and create effective scope of work documents for competitive bid processes

• Develop processes to ensure that CVS Health’s business stakeholders are utilizing preferred suppliers wherever possible, thereby leveraging the enterprise’s scale to drive greater value for the company

• Collaborate with CVS Health’s contracting team to identify new and creative approaches to contracting with vendor partners

Required Qualifications

• 7+ years of professional experience related to IT Strategic Sourcing & Category Management, Finance, Supply Chain, Procurement Analytics, Project Management, or Management