Full-Time

Merchandising Senior Analyst

Posted on 11/13/2024

CVS Pharmacy

CVS Pharmacy

10,001+ employees

Retail pharmacy and healthcare services provider

Healthcare
Consumer Goods

Compensation Overview

$47k - $112.2kAnnually

+ Bonus + Commission + Short-term Incentive Program

Junior, Mid

Company Historically Provides H1B Sponsorship

Smithfield, RI, USA

Category
Business Research
Strategy Development
Business & Strategy
Required Skills
Inventory Management
PowerPoint/Keynote/Slides
Requirements
  • 1 to 3 years of experience in a retail organization or in an analytical, merchandising, or buying position
  • Strong working knowledge of retail math concepts and demonstrated application
  • Proven ability to implement strategies and use negotiation tactics to grow sales
  • Technical experience in MS Office, Word, Excel, PowerPoint; some Access or other database knowledge
  • Willingness to travel 5-10%
  • Bachelor’s Degree or equivalent work experience
Responsibilities
  • Contribute directly to sales and margin goals in assigned category.
  • Analyze profit and loss information for the category, develop sales and margin projections, and assist Category Manager in P&L reconciliation.
  • Analyze relevant data and incorporate findings and recommendations into Category Plans (i.e., optimal SKU mix; Extracare loyalty program; promotional programs) for merchandising programs from 1 to 3 years.
  • Drive tactical execution of day-to-day plan activities (e.g., builds off-shelf plans, tracks promotional period and performs post analysis to take corrective action if necessary).
  • Collaborate with an internal team of CVS professionals in Inventory, Pricing, Promotion, Finance, Store Brands, Store Design and Store Operations.
  • Analyze sales records and inventory levels of current stock
  • Develop and maintain a strong understanding of current competition; search out new competitive opportunities and make recommendations.
  • Keep abreast of changes in the market.
  • Research customer product preferences, supplier prices and the competitive environment.

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, beauty items, and general merchandise. CVS Health also functions as a pharmacy benefits manager, serving over 75 million plan members, and has a senior pharmacy care business that assists more than one million patients each year. This integrated approach allows CVS Health to deliver affordable health management solutions, improving access to quality care and health outcomes while aiming to reduce overall healthcare costs. Unlike many competitors, CVS Health combines retail pharmacy services with clinical care and pharmacy benefits management, making it a significant player in the healthcare sector with a goal of helping individuals achieve better health.

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Woonsocket, Rhode Island

Founded

1963

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion of at-home health testing aligns with consumer-driven healthcare trends.
  • Simplified digital scheduling for vaccinations enhances customer convenience and service efficiency.
  • Growing market for over-the-counter hearing aids presents new product opportunities for CVS.

What critics are saying

  • DOJ's civil complaint poses legal and financial risks for CVS.
  • Allegations of violating opioid regulations could damage CVS's reputation and consumer trust.
  • Competition from Walmart and Amazon in at-home health tests may impact CVS's market share.

What makes CVS Pharmacy unique

  • CVS offers a wide range of health services, including walk-in clinics and vaccinations.
  • The company collaborates with local police for drug collection, enhancing community engagement.
  • CVS maintains free cash-back services, differentiating from competitors charging fees.

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