Senior Category Manager, Strategic Sourcing

CVS Health

Senior Category Manager leading important sourcing initiatives at CVS Health. Focus on building data-driven strategies with advanced analytics and technology to enhance procurement.

Posted 5/6/2026full-timeWoonsocket • Connecticut, Illinois, Rhode Island • 🇺🇸 United StatesSenior💰 $82,940 - $182,549 per yearWebsite

About the role

Key responsibilities & impact

Develop and evolve multi‑year category strategies, leveraging market intelligence, demand analysis, total cost of ownership, and negotiation strategies to drive sustainable value and risk mitigation
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 AI, applying automation and analytics to enhance negotiation insights, improve cycle times, and strengthen decision‑making
Lead end-to-end sourcing initiatives for complex categories (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

Requirements

What you’ll need

7+ years of experience in strategic sourcing, category management, or procurement
Proven leadership of complex RFx events, negotiations, and end-to-end sourcing
Track record of sustained year-over-year cost savings and strong analytical skills
Experience with indirect categories, digital procurement tools, and/or professional certification
Bachelor’s degree or equivalent years of experience is required; MBA or advanced degree preferred

Benefits

Comp & perks

Health insurance
Dental coverage
Vision coverage
Paid time off
Retirement savings options
Wellness programs
Equity award program

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

strategic sourcingcategory managementnegotiationcost reductionspend analyticsmarket analysiscompetitive biddingshould-cost analysisdata-driven decision-makingsourcing methodologies

Soft Skills

leadershipstakeholder managementcommunicationcross-functional alignmentaccountabilitycontinuous improvementtrusted advisorinsight generationteam developmentexecutive presentation

Certifications

professional certification