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 Manager will help lead 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, establish timelines to capture value and ensure consistent execution of solutions.

Your responsibilities will include:

• Support the build and implementation of 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

• Measure KPI’s and success metrics to track performance of initiatives

• Consistently execute tactics to deliver and maintain targeted efficiencies

• Monitor business performance and diagnose opportunities

• 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 manage and prioritize multiple assignments and meet tight deadlines.

• An open and honest communication style that quickly builds trust and respect.

• Ability to communicate effectively and succinctly, both verbally and in writing via Microsoft PowerPoint.

• 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.

• Ability to conceptualize complex quantitative analysis and build analytical models using Microsoft Excel and other tools/platforms (e.g., SQL, Tableau)

Required Qualifications

• 3+ years of 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

• Ability to travel 5% of the time

Preferred Qualifications

• 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

• Masters Degree in Supply Chain or MBA

• Supply Chain Certification in asset- RSSC, CSCMP or APICS

• Science, Technology, Engineering, Mathematics and/or other quantitative analytical degree

• Project Management, Six Sigma and/or Lean certification

Education

Bachelor's degree or equivalent experience

Pay Range

The typical pay range for this role is:

$60,300.00 - $159,120.00

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. 
 
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: 09/10/2024

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.