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Manager, Vendor Management

CVS Pharmacy

Company : CVS Pharmacy

Location : Woonsocket, RI, 02895

Posted Date : 23 October 2025

Job Details

Sourcing Manager

CVS Health's Enterprise Procurement department, a key function within the company's Global Business Services organization, is in search of a Sourcing Manager who will support non-IT indirect spend within the Healthcare Services team which includes categories such as Clinical Services, Health & Wellness, Payment Integrity and Risk Adjustment. In this role, you will be responsible for leading the execution of complex, high-impact RFx events for services within the assigned CVS Health indirect spend category.

In addition to managing large sourcing events, this role will also be responsible for supporting the Category Lead and Lead Director with category strategy and pipeline development. This role reports directly to the Lead Director and will work in a team environment that provides support and guidance to ensure that Enterprise Procurement is effectively serving its internal stakeholders.

Key Responsibilities: Execute and lead a variety of complex, high-value, high visibility sourcing events in support of category Support development of category plans, pipeline, and other category materials Manage expiring contract process to support pipeline development for category Work with Sourcing Category Managers to develop the strategy and approach for each RFx event Organize and lead effective meetings with internal stakeholder and external suppliers As appropriate, delegate RFx events and tasks to Sourcing Analysts and provide guidance to ensure successful execution Conduct market research that supports negotiation strategies and award decisions for each sourcing event Compile scope of work and requirements, analyze and evaluate vendor proposals, and negotiate final commercial terms Develop and confidently present analysis - both quantitative and qualitative - to Procurement and Business leadership to obtain approval to award business Effectively communicate and demonstrate Strategic Sourcing's value proposition to internal business partners/stakeholders

Required Qualifications 3-5 years of professional experience related to Sourcing & Category Management, Finance, Supply Chain, Procurement, Analytics, or Project Management 5+ years overall experience Ability to travel up to 15% for supplier presentations, site visits, and key department meetings at RI Headquarters (no more than quarterly)

Preferred Qualifications Possess a strong business acumen and high level of problem solving and critical thinking skills Excellent verbal communication and interpersonal skills, with an ability to confidently and expertly interact with internal and external stakeholders Strong analytical ability, strategic thinker, learn and process new information quickly Ability to quickly capture, analyze, and summarize large data sets Strong organization and project management skills Shown ability to handle multiple tasks without direct supervision, while paying strong attention to detail and follow-up Intellectually curious, eager to gain new experiences, qualifications, and responsibilities Negotiation Skills / Experience Vendor Management / Consolidation Experience Experience with electronic sourcing platforms, such as Ariba eSourcing, is a plus

Education Bachelor's degree required. Preferably a major related to Management, Business, Economics, Supply-Chain, Finance, Accounting. MBA - Master's Degree in a related field of study is a plus

Anticipated Weekly Hours 40 Time Type Full time Pay Range The typical pay range for this role is: $66,330.00 - $145,860.00

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