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Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Director of IT Strategic Sourcing & Category Management

CVS Health is in search of a Director that will be responsible for leading a team of IT Sourcing & Category Management professionals and help guide the development and execution of strategic sourcing strategies that drive cost savings within CVS Health’s Information Technology categories. For background, the IT Sourcing & Category Management team manages over $3B in annual spend and supports key business units across the enterprise (e.g. Healthcare Services, Shared Services, Infrastructure, Cloud Computing, Operations etc.). The role involves managing and guiding direct reports to identify and quantify cost reduction opportunities for the enterprise through spend analytics, market intelligence, and review of current vendor agreements. This position plays a significant role representing procurement on large scale strategic enterprise initiatives and special projects (e.g. sourcing process transformation, acquisition integration, etc.).

This role reports to the Executive Director of IT Strategic Sourcing & Category management and will work in a collaborative environment that provides support and guidance to ensure Strategic Procurement is effectively serving its internal stakeholders and meeting established financial savings targets.

  • This role will be classified as hybrid and will be filled in either Buffalo Grove, IL or Woonsocket, RI. Additional office locations may be considered***

As the Director of IT Strategic Sourcing & Category Management, your primary responsibilities are to:

  • Build and guide a high performing IT Sourcing & Category Management organization based on relationship management and categorization strategy
  • Standardize processes, documentation, reporting among the IT Sourcing & Category Management Org.
  • Ensure the team develops and maintains refreshed and comprehensive Category Plans for all IT categories/sub-categories that can easily be consolidated and shared with Sr. Procurement leadership
  • Demonstrated ability to manage large-scale supplier relationships at all levels.
  • Demonstrated knowledge of, and expertise in, various IT and Procurement concepts, practices, procedures, and compliance requirements.
  • Maintain a pipeline of key initiatives to drive savings opportunities
  • Create a process for reviewing expiring contracts to ensure compliance with purchasing and contract policies
  • Work collaboratively with leaders within Procurement to deliver an end-to-end P2P process that effectively serves business stakeholders
  • Set clear and specific goals for your team including savings and cost avoidance targets
  • Ensure the team is delivering a high level of customer service by meeting internal SLAs
  • Provide Procurement leadership with weekly comprehensive updates of active and planned projects including current status and overall performance towards meeting or exceeding SLAs and savings targets
  • Provide Strategic direction on multiple concurrent medium-to-large sourcing engagements
  • Facilitate and lead internal team meetings with the goal of maintaining colleague engagement and facilitate development of organization.
  • Represent the department and organization and effectively communicate and demonstrate Strategic Sourcing’s value proposition with regards to driving cost savings and RFP vendor selection
  • Leverage internal and external resources to identify opportunities to build the sourcing project pipeline:
  • Market intelligence tools
  • Category spend data
  • Expiring contract reports

Required Qualifications

  • 10 years’ experience of relevant IT category experience in a procurement/strategic sourcing or equivalent environment with at least 5 years of resource management experience
  • Proficient experience utilizing the Microsoft Office suite (Excel, PowerPoint, Outlook, etc.) in a professional setting
  • Proven experience negotiating and managing large, enterprise suppliers (i.e. Microsoft, Oracle, Saleforce, Broadcom, IBM, AT&T, Dell, AWS, Google, etc.), delivering commercial value aligned to operational delivery and category strategies

Preferred Qualifications

  • Strong analytical ability, ability to think strategically, and learn and process new information quickly
  • Excellent verbal communication and interpersonal skills, with an ability to confidently and professionally interact with staff and leadership
  • Experience managing, coaching and developing a team of Procurement professionals
  • Proven ability to handle multiple tasks without direct supervision, while paying strong attention to detail and follow-up
  • Strong organization and project management skills
  • Eager to gain new experiences, qualifications, and responsibilities
  • Experience with electronic sourcing platforms, such as Ariba eSourcing, strongly preferred
  • Ability to keep Sr. Procurement Leadership informed of current state of the team
  • Exceptional stakeholder management skills with experience utilizing IT roadmaps to build effective Category Management Plans

Education

  • Bachelor's Degree required with focus in Business Administration, Finance, Accounting, Information Technology or other applicable area
  • MBA strongly preferred

Pay Range

The typical pay range for this role is:

$100,000.00 - $231,500.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company’s equity award program. 

In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies. 

For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated. 

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through ColleagueRelations@CVSHealth.com If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution. 

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Confirmed 18 hours ago. Posted 30+ days ago.

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