Senior Category Manager Procurement

Senior Category Manager Procurement
CVS Health

United States, Illinois, Buffalo Grove

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Salary

$82,940 - $182,549 Per Year

Rank

Senior Manager

Responsibility

Functional Tower Lead

Scope

Regional

Workplace

Hybrid

Functions

Finance

IT

Procurement

Supply Chain

Reports to

Lead Director

Level

N-3

Travel Max:

15%

Posting Date

03-28-2025

Description

As a Senior Category Manager Procurement you will be a leader on the Sourcing & Category Management team, you should have an enterprise mindset, possess highly developed business background, and be a strong communicator who is able to establish lasting relationships with business leaders as well as internal and external stakeholders, inclusive of executive level management. The Senior Category Manager Procurement will take on leadership of their projects and mentor a combination of Category Managers and Category Analysts. This critical role will report to a Lead Director within the Indirect Strategic Sourcing team.

Senior Category Manager Procurement

Key Responsibilities

  • Develop and maintain short, medium and long term category management and strategic sourcing plans, spend profiles, and pipeline of opportunities
  • Establish scheduled sourcing and category management reviews and planning sessions with key leaders within the assigned business area, shared services and procurement leadership; establish self as category management and strategic sourcing leader and expert
  • Lead and mentor category manager and analyst level resources on sourcing activities and analysis to ensure successful execution of RFx events aligned with category management strategy
  • Accountable for development and delivery of savings targets and measuring savings achievements
  • Lead and manage deliver of major Sourcing events with high complexity, spend, and/or visibility
  • Continually educate key leaders within the assigned business area on CVS Health policies and processes in place to support Strategic Sourcing & Category Management; communicate and demonstrate team’s value proposition
  • Maintain status of all completed, active, and planned sourcing activities as part of pipeline management and review with Procurement management and key business leaders
  • Build Category Strategy and pipeline of opportunities by leveraging spend analytics, market intelligence, and expiring contracts reporting.
  • 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
  • Advise key business leaders on the development of bid strategies and creating effective scope of work documents for competitive bid processes and SOWs.
  • Ensure that CVS Health’s business leaders are utilizing preferred suppliers wherever possible, thereby leveraging the enterprise’s scale to drive greater value for the company
  • Ensure that key commercial principals are thoroughly developed in conjunction with CVS Health’s contracting team to identify new and creative approaches to contracting with vendor partners

Qualification & Requirements

Required Qualifications

  • 7 years of professional experience related to IT Strategic Sourcing & Category Management creating category planning aligned with and in partnership with IT and BU stakeholders and their roadmap strategies.
  • Demonstrated experience in building category management strategies by segmenting purchased goods and services into categories to identify opportunities to consolidate spending, enable IT strategy and create value for the business
  • Significant experience of building and presenting complex business cases to senior leaders in Procurement, Finance, IT and Business Units.
  • Ability to travel up to 15% for supplier presentations, site visits, and key department meetings at RI Headquarters (no more than quarterly)

Preferred Skills

  • Demonstrated strong business acumen and high level of problem solving and critical thinking skills
  • Exhibited excellent communication and interpersonal skills, with an ability to confidently and expertly interact with internal and external stakeholders at all levels
  • Established analytical ability, strategic thinker, learn and process new information quickly
  • Strong background in leading and using of Project/Program Management tools and methodology (Agile, Waterfall, Scrum, etc)
  • Experience with IT Supply Chain, Procurement Analytics, Project Management, or Management Consulting
  • Ability to quickly capture, analyze, and summarize large and complex data sets
  • Display strong organization and project management skills
  • Demonstrated 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
  • Proven experience of value delivery through negotiating complex technology agreements
  • Demonstrated expertise in developing vendor management and supplier consolidation plans
  • Experience with leading and implementing and workflow development of electronic sourcing platforms, such as ServiceNow, Ariba eSourcing, etc. is a plus

Education

  • Bachelor’s degree with the focus on Accounting/Finance/Business Administration/Supply Chain preferred or equivalent relevant professional work experience.

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.

Company Profile

CVS Health
Industry

Hospitals and Healthcare

Revenue

$322.5B

Employees

300,000

Fortune 500 Rank

#6

Global 500 Rank

#10

View Company Profile