Woonsocket, Rhode Island, United States of America
10 hours ago
Inventory Planning, Efficiency and Waste Reduction Manager of Analytics

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 of Analytics will focus on the analytics supporting 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 delivering insights that support multi-year plans to maintain sales and margin growth while reducing waste.  This role will partner closely with various teams to identify opportunities, and lead the development of customized, data-driven approaches that relay complex analytics and conclusions in a way that is easy to understand.

Your responsibilities will include:

Build forecasts and enhance methodologies that accurately project disposition volume, write-off volume and expenses relative to tactics deployed by the Efficiency and Waste Reduction team and partners.Provide team and partners with forecasting best practices and SOPs targeted towards specific inventory scenariosCreate models that help highlight impact of business changes and monitor the effectiveness of mitigation efforts in support of business changes.Spearhead collaboration efforts with other team members and departments to develop analytic models, methodologies, reports and insightsData mine large datasets across various databases (e.g. Oracle, Teradata) and perform root-cause diagnostics to identify opportunities that improve our inventory healthBuild customized reports to monitor various financial, execution and operational performanceDevelop and assist with coding logic in SQL, Excel.Advance the teams analytical capabilities, root cause diagnostic framework and SQL coding skills.Measurement and development of KPI’s and success metrics to track performance of initiatives.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 decisionsAbility to conceptualize complex quantitative analysis and build analytical models using Microsoft Excel and other tools/platforms (e.g., SQL, Tableau)Ability to manage and prioritize multiple assignments and meet tight deadlines.Ability to work independently and adapt to changing work priorities.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 develop effective working relationships with stakeholders across Supply Chain, Merchandising, Operations, etc.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.

Required Qualifications

3 years in Analytics, Supply Chain, Sales and Operations planning, Inventory Management, Capacity Planning or similar experience, Merchandising, and/or Strategy1+ years of experience in data manipulation and analysisExperience writing scalable, production level code


Preferred Qualifications

Good judgment and decision-making abilityExperience with corporate finance/ building ROI modelsExperience with technical tools, such as: SQL Assistant, TOAD, Python, Tableau, SAP, OracleUnderstand the impact and value of machine learning and optimization model in the Clinical Recruitment Platform and product offering and come up with innovative ways to expand current functionalityOperate in a complex, cross-functional organization or company where your teams need to collaborate and integrate with other business and IT teamsStrong analytical and problem-solving skillsStrong business acumenStrong interpersonal and influencing skillsExcellent verbal and written communication skills, including facilitation skillsDemonstrated understanding of inter-relationships between inventory planning, category management, and financeExperience building inventory and replenishment models, incorporating multiple variables, for use in estimating downstream impacts of various business changesExperience in Writing/relaying detailed business requirements for IT updates/buildsMerchandise familiarity - understanding of retail merchandising basics (i.e., Category Management), and merchandising organizational structures and processes.


Education

Four-year college degree or equivalent experience; Science, Technology, Engineering, Mathematics and/or other quantitative analytical degree 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

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 Benefits | CVS Health

We anticipate the application window for this opening will close on: 03/21/2025

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

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