Senior Sourcing Analyst

CVS Health

Senior Sourcing Analyst supporting CVS Health's procurement transformation through data-driven sourcing activities and collaboration with category managers and stakeholders.

Posted 5/9/2026full-timeWoonsocket • Connecticut, Illinois, Rhode Island • 🇺🇸 United StatesSenior💰 $46,988 - $112,200 per yearWebsite

About the role

Key responsibilities & impact

Execute transactional to moderately complex sourcing events using standardized digital tools and workflows in direct support of defined category strategies and objectives
Prepare and own RFx materials, scopes of work, and evaluation criteria aligned with enterprise governance and best practices, informed by category insights, demand drivers, and market context
Lead supplier communications, evaluations, and negotiations, leveraging market and category knowledge to achieve compliant, value‑optimized outcomes that support ongoing category optimization and value realization
Analyze spend, supplier performance, contracts, and proposals to inform sourcing decisions and category strategies
Identify trends, risks, and value opportunities that support procurement transformation
Develop clear, executive-ready analyses that translate complex data into actionable insights
Support adoption of new sourcing processes, reporting tools, and digital capabilities
Contribute to process standardization and continuous improvement to enable scalability across categories
Collaborate with cross‑functional partners to align sourcing activities with enterprise priorities, and present sourcing strategies, insights, and outcomes to business stakeholders to support informed decision‑making

Requirements

What you’ll need

Bachelor’s degree required
2–5 years of experience in sourcing, procurement, finance, analytics, consulting, or a related discipline
Strong proficiency in Excel; experience with data visualization, dashboards, or procurement analytics tools
Exposure to RFx processes, sourcing platforms, contract analysis, or digital transformation initiatives
Experience working in large, complex, or matrixed organizations is a plus

Benefits

Comp & perks

medical, dental, and vision coverage
paid time off
retirement savings options
wellness programs
other resources, based on eligibility

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

sourcingprocurementanalyticscontract analysisdata visualizationExcelRFx processesdigital transformationspend analysissupplier performance

Soft Skills

communicationnegotiationanalytical thinkingcollaborationpresentation skillsproblem-solvingprocess improvementexecutive reportingcategory managementstakeholder engagement

Certifications

Bachelor's degree