Senior Sourcing Analyst
Job
CVS Health
Hartford, CT (In Person)
$80,551 Salary, Full-Time
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Job Description
We're building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.
CVS Health is an equal opportunity/affirmative action employer, including Disability/Protected Veteran — committed to diversity in the workplace.
- Position Summary
- The Senior Sourcing Analyst supports CVS Health's procurement transformation by contributing to data‑driven, digitally enabled sourcing activities across indirect spend categories.
- Key Responsibilities
- Sourcing Execution & Enablement
- 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 Analytics & Decision Support
- 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 Transformation & Continuous Improvement
- Support adoption of new sourcing processes, reporting tools, and digital capabilities
- Contribute to process standardization and continuous improvement to enable scalability across categories
- Partner with senior managers and directors on analytics enhancements and transformation initiatives Stakeholder & Team Collaboration
- 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
- Serve as a trusted analytical and operational partner to category teams by translating data and sourcing outcomes into clear, business‑ready narratives that enable strategic focus and value realization. Key Competencies
- Strong analytical foundation, with interest in using data, automation, and emerging AI tools to support sourcing decisions
- Able to operate effectively in a changing, matrixed environment, adapting to evolving tools, processes, and priorities
- Clear and concise communicator who connects analysis and findings to category and enterprise objectives with guidance
- Highly organized and detail‑oriented, able to manage multiple priorities while delivering accurate, high‑quality work
- Collaborative, growth‑oriented mindset, with readiness to take on additional responsibility and expand sourcing capabilities
- Qualifications
- 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
- Education
- Bachelor's degree required
Work Model:
- Hybrid Candidates within commuting distance to Woonsocket, RI; Hartford, CT; Buffalo Grove, IL; will work onsite two days per week.
- Anticipated Weekly Hours
- 40 •Time Type•Full time •Pay Range•The typical pay range for this role is: $46,988.
- Great benefits for great people
- We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
CVS Health is an equal opportunity/affirmative action employer, including Disability/Protected Veteran — committed to diversity in the workplace.
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