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CVS Health Inventory Planning, Efficiency and Waste Reduction Senior Manager in Woonsocket, Rhode Island

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.

Position Summary The Inventory Planning, Efficiency and Waste Reduction Senior Manager will lead a small team (1-2) in the development and execution of data-driven strategies to improve business performance, specifically, but not limited to inventory damages, expiration and disposition. In this dynamic role, you will be responsible for supporting multi-year plans to maintain sales and margin growth while reducing waste. This role will partner closely with various teams to identify opportunities, validate business impact, generate solutions and implement solutions and establish timelines to capture value.

Your responsibilities will include:• Define and implement process improvements to address pain points and close gaps that lead to unnecessary waste.•Standardize Ways of Working across the enterprise: develop guidelines and standard operating procedures to ensure strategies are executed flawlessly.•Measurement of KPI’s and success metrics to track performance of initiatives.•Effective communication with internal stakeholders on progress of key initiatives, opportunities/risks.•Execution of high performing strategies that work effectively with other parts of the business and with suppliers and external supply chain partners to meet business targets.•Monitor business performance and diagnose opportunities.•Build and develop high performing team.•Supports $20+ billion in sales, $5 billion in inventory.

Successful candidate will exhibit:• Intense interest in learning new things and intellectual curiosity.•Outstanding analytical and problem-solving skills, ability to quickly and logically structure problems, synthesize data, and identify insights to guide decisions•Ability to conceptualize complex quantitative analysis and build analytical models using Microsoft Excel and other tools/platforms (e.g., SQL, Tableau)•An open and honest communication style that quickly builds trust and respect.•Ability to communicate to management & key stakeholders with poise and credibility.•Ability to communicate effectively and succinctly, both verbally and in writing via Microsoft PowerPoint.•Ability to manage and prioritize multiple assignments and meet tight deadlines.•Ability to develop effective working relationships with stakeholders across Supply Chain, Merchandising, Operations, etc.•Ability to work independently and adapt to changing work priorities.•The candidate selected for this position will be a creative, out-of-the-box thinker who is intellectually curious with a demonstrated interest in learning.• Self-motivation, entrepreneurial, high-energy individual who can easily function in a high demand, performance-driven environment.•Demonstrable excellence in leading, developing, and managing a team Required Qualifications

•3 years with Supply Chain, Sales and Operations planning, Inventory Management, Capacity Planning or similar experience, Merchandising, and/or Strategy •Experience analyzing inventory and service level performance •Experience aggregating data to facilitate cross-functional communication •Experience with corporate finance/ building ROI models

•Experience with mathematical and basic statistical knowledge• In-depth experience with MS Excel and PowerPoint

•Up to 10% travel

Preferred Qualifications

•Leadership experience•Experience with change management methodologies•Good judgment and decision-making ability•Experience with technical tools, such as: SQL Assistant, Python, Tableau, SAP, Oracle•Strong analytical and problem-solving skills•Strong business acumen•Strong interpersonal and influencing skills•Mastery of Microsoft Excel and PowerPoint.•Excellent verbal and written communication skills, including facilitation skills•Demonstrated understanding of inter-relationships between inventory planning, category management, and finance•Experience building inventory and replenishment models, incorporating multiple variables, for use in estimating downstream impacts of various business changes•Experience in Writing/relaying detailed business requirements for IT updates/builds•Merchandise familiarity - understanding of retail merchandising basics (i.e., Category Management), and merchandising organizational structures and processes.

•Master’s degree

•Chain Certification in asset- RSSC, CSCMP or APICS a plus; Science, Technology, Engineering, Mathematics and/or other quantitative analytical degree a plus Project Management, Six Sigma and/or Lean certification is desirable.

Education

Bachelor’s Degree

Pay Range

The typical pay range for this role is:

$79,200.00 - $174,200.00

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

We anticipate the application window for this opening will close on: 06/12/2024

We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.

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