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CVS Health

Runs pharmacies, health plans and clinics

Senior Category Manager - Strategic Sourcing

Procurement & SourcingConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • Seven to ten years of experience in strategic sourcing, category management, or procurement.
  • Proven leadership of complex RFx events, negotiations, and end-to-end sourcing.
  • A track record of sustained year-over-year cost savings and strong analytical skills.
  • Experience with indirect categories, digital procurement tools, and/or professional certification.
  • A bachelor's degree or equivalent experience (four years).

Responsibilities

  • Develop and evolve multi-year category strategies using market intelligence, demand analysis, total cost of ownership, and negotiation strategies to drive sustainable value and mitigate risk.
  • Define and lead category-level negotiation approaches, aligning objectives, negotiation levers, and concession strategies with financial goals, market dynamics, and enterprise priorities.
  • Lead stakeholder and leadership reviews to align category sourcing and negotiation roadmaps with financial, operational, and enterprise strategy.
  • Use advanced spend and market analytics to inform negotiation planning, guide cost reduction, optimize the supply base, and unlock category value.
  • Advance category strategy through emerging technology and artificial intelligence, applying automation and analytics to enhance negotiation insights, improve cycle times, and strengthen decision-making.
  • Lead end-to-end sourcing initiatives for complex categories, from RFx through contract award.
  • Execute negotiations with embedded productivity, continuous improvement, and market-based pricing mechanisms.
  • Deliver year-over-year savings through disciplined opportunity pipelines and value tracking.
  • Apply competitive bidding, should-cost analysis, and total value frameworks to maximize outcomes.
  • Act as a trusted advisor to senior leaders by translating sourcing strategies into clear business results.
  • Drive cross-functional alignment across Finance, Legal, IT, Contracting, and Operations.
  • Communicate insights and recommendations in concise, executive-ready formats.
  • Develop sourcing talent in analytics, negotiation, and sourcing methodologies.
  • Foster a high-performance culture grounded in accountability, continuous improvement, and data-driven decision-making.

Desired Qualifications

  • An MBA or advanced degree is preferred.

About the Company

CVS Health

Runs pharmacies, health plans and clinics

CVS Health runs pharmacies, health insurance plans and medical clinics for individuals, employers and government programs across the United States. Its businesses include CVS Pharmacy, the Aetna insurer and Caremark, which manages prescription coverage and negotiates drug prices for health plans. Patients fill prescriptions in stores or by mail and receive care through walk-in clinics, primary care centers and home visits. The company earns money from prescription sales, insurance premiums, plan administration fees and clinical services, combining coverage with places to obtain treatment. Its first store opened in 1963, and its headquarters are in Woonsocket, Rhode Island.

Company size
10,001+
Company stage
IPO
Headquarters
Woonsocket, Rhode Island
Founded
1963

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