CVS Health

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Senior Inventory Manager, Rx

at CVS Health

Posted: 2/8/2019
Job Reference #: 868753BR

Job Description

Job Title :
Senior Inventory Manager, Rx
Job ID :
Location :
RI - Woonsocket
Street Address :
1 CVS Drive
Category :
Management|Inventory Management
Description :
Job Description
The Senior Manager of Rx Inventory Management is responsible for developing strategies for identifying, executing, measuring and maximizing inventory management practices, productivity and controls to meet the following company goals (In-stock, Service level, Sales and Margin, Inventory productivity (Turn, GMROI)). This position is responsible for managing the Rx Inventory Management optimization of both the retail pharmacy channel as well as the Long Term Care pharmacies. The Senior Manager of Rx Inventory Management requires a strong understanding of store activities and processes, inventory replenishment and merchandising processes for Rx. This is a key role in providing senior management with the information it needs to make critical business decisions, identify inventory opportunities and offer recommendations to optimize inventory. Due to the impacts within the organization, this position will interact with several departments specifically, but not limited to Rx Operations, IT, Finance, Logistics, Rx Merchandising, and Field Leadership.


-Manage, monitor and track the Rx Inventory Management optimization portfolio; provide leadership readouts and summaries, manage timelines of activities, identify and plan longer term efforts.
-Provide thought leadership and direction to the optimization team from identification of opportunities through to systemic implementation
-Perform analysis to measure full scope impact of proposed changes; inventory levels, ordering/shipping estimates, customer service levels, store/DC labor changes
-Create testing plans to provide insight in to the individual and combined effect of changes
-Provide requirements to IS for systemic changes, support UAT plan and implementation efforts
-Build and maintain relationships with our internal partners to gain alignment on Rx inventory management strategies
-Pressure test our internal models to identify opportunities for improvements
-Support development of inventory management dashboards
-Provide support to projects owned by other departments that have inventory related implications
-Additional ad hoc activities as required

Required Qualifications
3+ years experience in pharmacy, supply chain, inventory management, merchandising, financial or statistical analysis.

Preferred Qualifications
-Demonstrated ability to perform root cause analysis and independently solve business problems
-Inventory and supply chain knowledge including store processes and procedures
-Management of analyst roles
-Proven ability to interact effectively with all levels of management
-Excellent communication and analytical skills
-Demonstrated ability and flexibility to multi-task in a fast paced work environment
-Extensive knowledge of Microsoft Office applications, including Access and Excel
-Prior experience with data visualization tools
-Experience in Retail or Healthcare Industries
-Pharmacy training
-Proven ability to interact effectively with all levels of management
-Highly motivated and a natural problem solver
-Work effectively in a team environment

Bachelors Degree in Supply Chain Management, Business Management, Finance, Accounting, Information Systems preferred.

Business Overview
CVS Health, through our unmatched breadth of service offerings, is transforming the delivery of health care services in the U.S. We are an innovative, fast-growing company guided by values that focus on teamwork, integrity and respect for our colleagues and customers. What are we looking for in our colleagues? We seek fresh ideas, new perspectives, a diversity of experiences, and a dedication to service that will help us better meet the needs of the many people and businesses that rely on us each day. As the nation’s largest pharmacy health care provider, we offer a wide range of exciting and fulfilling career opportunities across our three business units - MinuteClinic, pharmacy benefit management (PBM) and retail pharmacy. Our energetic and service-oriented colleagues work hard every day to make a positive difference in the lives of our customers.

CVS Health is an equal opportunity employer. We do not discriminate in hiring or employment against any individual on the basis of race, ethnicity, ancestry, color, religion, sex/gender (including pregnancy), national origin, sexual orientation, gender identity or expression, physical or mental disability, medical condition, age, veteran status, military status, marital status, genetic information, citizenship status, unemployment status, political affiliation, or on any other basis or characteristic prohibited by applicable federal, state or local law. CVS Health will consider qualified job candidates with criminal histories in a manner consistent with federal, state and local laws. CVS Health will not discharge or in any other manner discriminate against any Colleague or applicant for employment because such Colleague or applicant has inquired about, discussed, or disclosed the compensation of the Colleague or applicant or another Colleague or applicant. Furthermore, we comply with the laws and regulations set forth in the following EEO is the Law Poster: EEO IS THE LAW and EEO IS THE LAW SUPPLEMENT

Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. If you require assistance to apply for this job, please contact us by clicking Advice and Counsel

CVS Health does not require nor expect that applicants disclose their compensation history during the application, interview, and hiring process.

For inquiries related to the application process or technical issues please contact the Kenexa Helpdesk at 1-855-338-5609. For technical issues with the Virtual Job Tryout assessment, contact the Shaker Help Desk at 1-877-987-5352. Please note that we only accept resumes via our corporate website:

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!