Sourcing Category Manager - IT Category Management

Key Responsibilities

• Develop and maintain short, medium, and long term category sourcing plans, spend profiles, and pipeline.
• Schedule and maintain cadence of regularly scheduled sourcing category reviews and planning sessions with key leaders within the assigned business area; establish self as category sourcing expert.
• Guide analyst base on sourcing activities to ensure successful execution of RFx events for category.
• Accountable for quantifying and delivering against savings targets for category.
• Be accountable for 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 Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, Project Management, Technology or Management Consulting.
• Ability to travel up to 15% for supplier presentations, site visits, and key department meetings.
• Bachelor's degree in Management, Business, Economics, Supply-Chain, Finance, Accounting Technology or a related field or equivalent years of relevant experience is required.
• MBA or Master's Degree in a related field of study is a plus.

Pay Range

The Typical Pay Range For This Role Is $75,400.00 - $182,549.00 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. This position also includes an award target in the company’s equity award program.