Sr Manager, Software Sourcing & Procurement Leader

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.

CVS Health's Enterprise Procurement department, a key function within the company's Finance Global Business Services organization, is in search of a Sourcing Category Manager This includes Enterprise IT Services with suppliers in the cloud / software / software as a service (SaaS) category. This role will be responsible for defining and executing sourcing strategies that drive P&L value across the services within the assigned CVS Health spend category.

To achieve success in this role, the Sr. Category Manager must lead the establishment and development of highly productive relationships with key stakeholders and executive leaders as part of their relationship management practice. The Sr. Category Manager will be a SME and highly skilled in use of tools such as spend analytics, market intelligence, and existing vendor agreements to build and maintain a pipeline of sourcing opportunities within the category.

In this position, you will also play a leadership role representing procurement on large scale strategic enterprise initiatives and special projects (e.g. sourcing process transformation, acquisition integration, etc.) as well as leading the development and delivery of category management plans. The Indirect Strategic Sourcing team manages over $9B 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 Sr. Category Manager, 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 Sr. Category Manager 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.

• 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.

This role will ideally be a hybrid position based out of Woonsocket, RI, Hartford, CT or Buffalo Grove, IL and candidates within a commutable distance to one of these locations will be required to be in office Tuesdays and Thursdays weekly.

• 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…