CVS Health

Senior IT Sourcing Analyst - Indirect Procurement

CVS Health$66K — $145K *
Enterprise Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in Sourcing, Procurement, or related fields.
  • Strong commercial negotiation skills and experience managing RFx events.
  • Ability to analyze and summarize large datasets for decision-making.
  • Proven problem-solving and critical thinking abilities.
  • Experience with vendor management and strategic sourcing platforms.

Responsibilities

  • Lead high-value sourcing events for complex IT categories.
  • Support the development of category strategies and planning materials.
  • Manage the end-of-contract process and pipeline development.
  • Collaborate with Category Managers on RFx event strategies.
  • Facilitate and lead meetings with stakeholders and suppliers.
  • Delegate tasks to Sourcing Analysts and guide their execution.
  • Conduct market research to inform negotiation strategies.

Benefits

  • Affordable medical plan options with comprehensive coverage.
  • 401(k) plan with company matching contributions.
  • Employee stock purchase plan for savings growth.
  • Wellness programs including screenings and counseling services.
  • Flexible work arrangements and paid family leave options.
Full Job Description
Position Summary

CVS Health's Enterprise Procurement department, a key function within the company's Global Business Services organization, is in search of a Category Manager Senior Analyst, Strategic Sourcing IT Category Management (Infrastructure, Cloud/SaaS, Software, Healthcare Platform) Team.

In this role, you will be responsible for leading the execution of complex, high-impact 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 managing large sourcing events, this role will also be responsible for supporting the Category Manager and Lead Director with category strategy and pipeline development. 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.

Key Responsibilities:
  • Execute and lead a variety of complex, high-value, high visibility sourcing events in support of category.
  • Support development of category plans, pipeline, and other category materials.
  • Manage expiring contract process to support pipeline development for category.
  • Work with Sourcing Category Managers to develop the strategy and approach for each RFx event.
  • Organize and lead effective meetings with internal stakeholder and external suppliers.
  • As appropriate, delegate RFx events and tasks to Sourcing Analysts and provide guidance to ensure successful execution.
  • Conduct market research that supports negotiation strategies and award decisions for each sourcing event.
  • 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.


This role will ideally be a hybrid position based out of Woonsocket, RI, and will be required to be in office weekly

Required Qualifications:
  • 5+ years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, Technology or Project Management.
  • Ability to travel up to 15% for supplier presentations, site visits, and key department meetings.


Preferred Qualifications:
  • 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.
  • Negotiation Skills / Experience.
  • Vendor Management / Consolidation Experience.
  • Experience with electronic sourcing platforms, such as Ariba eSourcing, is a plus.


Education:
  • Bachelor's degree in Management, Business, Economics, Supply-Chain, Finance, Accounting Technology or a in 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.


Anticipated Weekly Hours
40

Time Type
Full time

Pay Range

The typical pay range for this role is:

$66,330.00 - $145,860.00

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.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 06/30/2026

About CVS Health

Omnicare provides comprehensive pharmaceutical services to patients and providers across the United States. As the market-leader in professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other chronic care settings, Omnicare leverages its unparalleled clinical insight into the geriatric market along with some of the industry's most innovative technological capabilities to the benefit of its long-term care customers. Omnicare also provides key commercialization services for the bio-pharmaceutical industry through its Specialty Care Group.

CVS Health Careers

Joining CVS Health presents a unique opportunity to advance your career in a company where innovation, leadership, and growth go hand in hand. As a leader in the healthcare industry, CVS Health is more than just a pharmacy. We are a team of professionals dedicated to improving lives and optimizing health outcomes.

Work You’ll Do

At CVS Health, you will be part of a culture that values diversity and inclusivity, fostering an environment where every team member’s contribution is valued. Engage in meaningful work that directly impacts lives, driving innovation in healthcare services and solutions.

Explore Job Opportunities

Whether you’re looking for a position in pharmacy services, corporate leadership, or in-store management, CVS Health offers a variety of employment opportunities that will help you harness your skills and thrive professionally. Our job opportunities span across a wide range of professional fields and geographic locations, ensuring that your career at CVS Health aligns with your professional goals and lifestyle.

Internship Programs

Kickstart your career with CVS Health through our internship programs. These opportunities are designed for ambitious students eager to develop their skills in a real-world setting. Internships at CVS Health are not only about gaining work experience but also about making meaningful contributions to our ongoing projects.

Professional Growth and Development

CVS Health is committed to the professional growth of our employees. With access to cutting-edge technology, industry-leading experts, and comprehensive diversity training, our team members are equipped to lead and innovate. We support career advancement through professional development programs, leadership training, and opportunities for networking and internal mobility.

Benefits and Culture

Our employees enjoy a range of benefits that reflect our commitment to their well-being and success. From health and wellness benefits to professional development programs, CVS Health is dedicated to ensuring our team members have the resources they need. Our inclusive culture encourages collaboration and continuous learning, making CVS Health a place where you can grow and succeed.

Join Our Team

Ready to take the next step in your career? Explore the open positions at CVS Health that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

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Don’t just look for a job. Look for a place where you can be a part of something bigger. Visit our careers page to find the position that’s right for you and join a team that values innovation and leadership in healthcare.

READ CAREERS BLOG

Stay ahead in your career with insights from those who know CVS Health best – our team. Learn from their experiences and get insider tips that can help you succeed in your next interview, craft a standout resume, and build a career you’re proud of at CVS Health.
Learn more about CVS Health
Size
300,000 employees
Market Cap
$122 billion
Industry
Net Income
$7.1 billion
Founded
1963
5 Year Trend
+10.5%
Revenue
$268.7 billion
NASDAQ

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