Sr Analyst, Front Store Operations - Inventory Innovation

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.

Position Summary

As the Sr. Analyst Front Store Inventory Innovation, you are responsible for leading innovation of our inventory management processes in the front store.  You will conduct a thorough analysis of existing front store inventory processes, including stock management, replenishment, ordering, and cycle counting, to identify areas for improvement.  Your role will involve designing, testing, and implementing streamlined innovative inventory processes that improve efficiency, accuracy, drives on shelf availability, and reduce stock discrepancies.  You may work on integrating inventory management software and other technology solutions to enhance the automation and digitization of inventory processes.

Primary responsibilities

• Establishing key performance indicators (KPIs) to measure the success of inventory process evolution initiatives.
• Regularly reporting on process outcomes and performance to senior management will be part of your responsibilities.
• You'll be responsible for managing the budget allocated to inventory process innovation, ensuring cost-effective implementations.
• Utilizing inventory data and insights, you'll analyze trends and patterns to gain insights into inventory turnover, stock movement, and identify opportunities for improvement.
• Ensuring the accuracy and consistency of inventory records and processes to maintain brand standards and provide a positive customer experience.

Required Qualifications

• 2+ years experience in inventory management, and process improvement.
• Strong skills in analyzing data and identifying trends.
• Ability to manage budgets and drive cost-effective solutions.
• Be willing and able to travel up to 25% of the time to various locations, which may include multi-day.
• Demonstrate the ability to think strategically and develop long-term plans that align with the organization's goals and objectives.
• Possess strong interpersonal and communication skills to effectively influence and collaborate with team members and key stakeholders to achieve desired outcomes.
• Proficiency in using the Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
• Adaptability to work effectively in a hybrid work environment, which may include both remote and in-office work, while maintaining high productivity and communication standards.

Preferred Qualifications

• Prior experience in inventory operations or an equivalent role
• Proficiency in using analytics tools such as SQL for data analysis and reporting.

Education

• Bachelor Degree or equivalent experience

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$46,988.00 - $112,200.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.

• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weig