Inventory Optimization, Sr. Manager

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.

Would you like to be a part of Fortune 6 CVS Health?

At CVS Health, we are a retail and health solutions company focused on being there for every meaningful moment of health, big and small.

The Inventory Optimization, Sr. Manager is accountable for data driven analysis to test, socialize and implement various working capital optimization initiatives.

In this dynamic role, you will be responsible for supporting multi-year plans to maintain sales and margin growth while also effectively managing inventory investments. In addition, you will partner closely with various teams to identify opportunities, validate business impact, establish timelines to capture value.

Additional Responsibilities Include:

∙ Translated business problem into modeling approach taking into account business requirements, data availability, development time / complexity and ability to scale

∙ Work closely with internal and external partners to explore additional value creation opportunities.
∙ Effective communication with internal stakeholders on progress of key initiatives, opportunities/risks.
∙ Track initiative investment budgets (capital and expense).
∙ Evaluating process improvement opportunities
∙ 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
 

Required Qualifications

∙ 5+ years of data science experience in business setting including collaborating with business partners to understand problems, gather business requirements, design data science models and communicate results and insights back to business partners

∙5 years with Supply Chain, Sales and Operations planning, Inventory Management, Capacity Planning or similar experience, Merchandising, and/or Strategy

∙Experience with MS Access & or SQL

∙Experience with corporate finance/ building ROI models
∙Experience analyzing inventory and service level performance

∙Experience aggregating data to facilitate cross-functional communication 

∙Experience with mathematical and basic statistical knowledge
∙In-depth experience with MS Excel and PowerPoint
∙Up to 15% travel

Preferred Qualifications

∙ Masters Degree or MBA preferred

∙ Data management and model production best practices
∙ Modern machine learning and artificial intelligence techniques

∙ Experience with modeling tools and frameworks, e.g., Python, R, Scala, TensorFlow, etc.
∙ Supply Chain Certification an asset- RSSC, CSCMP or APICS preferred
∙ Previous experience in an S&OP environment preferred
∙ Strong analytical and problem-solving skills
∙ Strong business acumen
∙ Strong interpersonal and influencing skills
∙ Good judgment and decision-making ability
∙ Excellent verbal and written communication skills, including facilitation skills
∙ Demonstrated understanding of inter-relationships between inventory planning, category management, and finance

Education

Bachelors degree

Pay Range

The typical pay range for this role is:

$82,940.00 - $182,549.00

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 Benefits | CVS Health

We anticipate the application window for this opening will close on: 03/01/2025

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