IT Sourcing Analyst – Indirect Procurement

CVS Health • Woonsocket, RI

1d • Hybrid

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary CVS Health’s Enterprise Procurement department, a key function within the company’s Global Business Services organization, is in search of a Strategic Sourcing Analyst IT Category Management (Infrastructure, Cloud/SaaS, Software, Healthcare Platform) Team. In this role, you will be responsible for leading the execution of a broad array of RFx events for indirect products and services within Software (Enterprise, End User, Security, CRM, MarTech), Infrastructure (Data Center, Network, Servers, Laptops/PC, Telephony, CCaaS), Cloud(Public, Private, Multi, Hybrid, SaaS), Healthcare Platform/VAR (Medical Records Software, Digital Payer, Revenue Payment Cycle Management, Claims/adjudication, Value Added Reseller (VAR) Management, Technology Supplier Catalog Management) In addition to executing a large variety of sourcing events, this role will also be responsible for providing analytical and project management support to sourcing leadership and assist with category management activities such as pipeline development, data management, and expiring contract reviews. This role reports directly to the Lead Director within the Indirect Strategic Sourcing team and will work in a team environment that provides support and guidance to ensure that Enterprise Procurement is effectively serving its internal stakeholders. The Strategic Sourcing team manages over $12B 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 Senior Analyst on the Sourcing team, you should have an enterprise mindset, possess an entrepreneurial self-starting mentality, and be a strong communicator who is able to establish lasting relationships with business leaders as well as internal and external stakeholders.

Requirements

• 1-3 years of professional experience including internships
• Ability to travel up to 15% for supplier presentations, site visits, and key department meetings

Nice To Haves

• Possess a strong business acumen and high level of problem solving and critical thinking skills
• Excellent verbal communication and interpersonal skills, with an ability to confidently and expertly interact with internal and external stakeholders
• Strong analytical ability, strategic thinker, learn and process new information quickly
• Ability to quickly capture, analyze, and summarize large data sets
• Strong organization and project management skills
• Shown ability to handle multiple tasks without direct supervision, while paying strong attention to detail and follow-up
• Intellectually curious, eager to gain new experiences, qualifications, and responsibilities

Responsibilities

• Execute and lead a variety of sourcing events in support of category
• Provide analytical support to category leaders on RFx events and major initiatives
• Support category management activities (expiring contract review, pipeline development, opportunity assessment, etc.)
• Provide project management and communication support to category leaders (project tracking, meeting minutes, etc.)
• Compile scope of work and requirements, analyze and evaluate vendor proposals, and negotiate final commercial terms
• Develop and confidently present analysis - both quantitative and qualitative - to Procurement and Business leadership to obtain approval to award business
• Effectively communicate and demonstrate Strategic Sourcing's value proposition to internal business partners/stakeholders

Benefits

• 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 weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level