Senior Strategic Sourcing Analyst

Position Summary

CVS Health’s Enterprise Procurement department, a key function within the company’s Corporate Finance organization, is in search of a Strategic Sourcing Analyst within the Non-IT 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 the Corporate Services spend categories such as Marketing, HR, Finance, Print, Supplies and T&E.  

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 of Strategic Sourcing – Corporate Shared Services, 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 $11B 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 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

This is a hybrid role that will require the selected candidate to be in-office at the corporate headquarters in Woonsocket, RI 2x per week. We will also consider candidates based in Hartford, CT or Northbrook, IL.

Required Qualifications

• 1-3 years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, or Management Consulting

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

Education

• Bachelor's degree required. Preferably a major related to Management, Business, Economics, Supply-Chain, Finance, Accounting.

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 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: 05/08/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.