Senior Sourcing Analyst

Position Summary

We're building a world of health around every individual – shaping a more connected, convenient and compassionate health experience. At CVS Health®, you will work with passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do.

The Senior Sourcing Analyst supports CVS Health's procurement transformation by contributing to data‑driven, digitally enabled sourcing activities across indirect spend categories. Partnering with category managers and stakeholders, the role supports and leads well‑defined sourcing initiatives through analysis, coordination, and documentation, leveraging standardized workflows, analytics, and automation to improve efficiency and consistency across the procurement lifecycle.

Sourcing Execution & Enablement

• Execute transactional to moderately complex sourcing events using standardized digital tools and workflows in direct support of defined category strategies and objectives
• Prepare and own RFx materials, scopes of work, and evaluation criteria aligned with enterprise governance and best practices, informed by category insights, demand drivers, and market context
• Lead supplier communications, evaluations, and negotiations, leveraging market and category knowledge to achieve compliant, value‑optimized outcomes that support ongoing category optimization and value realization

Analytics & Decision Support

• Analyze spend, supplier performance, contracts, and proposals to inform sourcing decisions and category strategies
• Identify trends, risks, and value opportunities that support procurement transformation
• Develop clear, executive‑ready analyses that translate complex data into actionable insights

Transformation & Continuous Improvement

• Support adoption of new sourcing processes, reporting tools, and digital capabilities
• Contribute to process standardization and continuous improvement to enable scalability across categories
• Partner with senior managers and directors on analytics enhancements and transformation initiatives

Stakeholder & Team Collaboration

• Collaborate with cross‑functional partners to align sourcing activities with enterprise priorities, and present sourcing strategies, insights, and outcomes to business stakeholders to support informed decision‑making
• Serve as a trusted analytical and operational partner to category teams by translating data and sourcing outcomes into clear, business‑ready narratives that enable strategic focus and value realization

• Strong analytical foundation, with interest in using data, automation, and emerging AI tools to support sourcing decisions
• Ability to operate effectively in a changing, matrixed environment, adapting to evolving tools, processes, and priorities
• Clear and concise communicator who connects analysis and findings to category and enterprise objectives with guidance
• Highly organized and detail‑oriented, able to manage multiple priorities while delivering accurate, high‑quality work
• Collaborative, growth‑oriented mindset, with readiness to take on additional responsibility and expand sourcing capabilities

• Bachelor's degree required
• 2-5 years of experience in sourcing, procurement, finance, analytics, consulting, or a related discipline
• Strong proficiency in Excel; experience with data visualization, dashboards, or procurement analytics tools
• Exposure to RFx processes, sourcing platforms, contract analysis, or digital transformation initiatives
• Experience working in large, complex, or matrixed organizations is a plus

Hybrid – candidates within commuting distance to Woonsocket, RI;
Hartford, CT; or Buffalo Grove, IL; will work onsite two days per week.

Anticipated weekly hours: 40

Time type:
Full time

Pay range: $46,988.00 - $ (base annual salary; may vary by experience, education, geography)

This full‑time position is eligible for a comprehensive benefits package that supports medical, dental and vision coverage; paid time off; retirement savings options; wellness programs; and other resources, based on eligibility.

Our people fuel our future. The application window for this opening will close on 06/26/2026.

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