Senior Inventory Analyst at CVS Health

Woonsocket, Rhode Island, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Retail, PharmacyIndustries

Requirements

Minimum 2 years of experience in Supply Chain, Inventory Management or Merchandising
Minimum 2 years of experience in Data Analytics or Statistical Analysis utilizing SQL, Snowflake, Python or similar data manipulation language
Minimum 2 years of experience with advanced MS Excel
Minimum 1 year of experience working with Inventory metrics and how those metrics influence each other
Minimum 1 year of experience building inventory and replenishment models, simulation algorithms or what-if tools, incorporating multiple variables, for use in estimating downstream impacts of various business changes

Responsibilities

Resolve data-driven actions based on relevant information to support business changes, including product sourcing changes, supply constraints, insurance plan changes, seasonality, and new product introductions
Build models (Excel, SQL, Snowflake, Python) that help highlight impact of business changes and oversee the efficiency of mitigation efforts and take corrective actions related to defined service level gaps
Help identify opportunities to invest/deleverage inventory at the store level in pursuit of both inventory efficiency and service optimization targets
Analyze and take corrective actions related to defined service level gaps
Use analysis to evaluate and improve opportunities by store type, time of year, and product type
Use in-store and central databases to perform ad-hoc analysis and fulfill requests from partners

Skills

Inventory Management

Supply Chain

Demand Planning

Data Analysis

Replenishment

Allocation Management

Pharmacy Operations

Logistics

Analytics

Process Improvement

CVS Health

Comprehensive pharmacy and healthcare services

About CVS Health

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, and beauty items, as well as pharmacy benefits management and specialty pharmacy services. CVS Health's integrated business model allows them to serve individual consumers, businesses, and communities effectively, with a focus on improving health outcomes and reducing healthcare costs. Unlike many competitors, CVS Health combines pharmacy services with medical care, making it easier for patients to access quality healthcare. The company's goal is to enhance access to healthcare and support individuals in achieving better health.

Woonsocket, Rhode IslandHeadquarters

1963Year Founded

DEBTCompany Stage

Healthcare, Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Company Equity

Wellness Program

Professional Development Budget

Paid Vacation

Paid Holidays

Risks

Legal challenges related to opioid prescriptions could harm CVS's reputation and finances.

The DOJ's intervention in a whistleblower lawsuit may increase legal costs for CVS.

The Horizon Organic Milk recall exposes potential vulnerabilities in CVS's supply chain.

Differentiation

CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.

The company integrates pharmacy benefits management with specialty pharmacy services for comprehensive care.

CVS Health offers tailored medication plans through personalized medicine and pharmacogenomics.

Upsides

Expansion of telehealth services allows CVS to reach more patients remotely.

Increased consumer interest in wellness boosts demand for CVS's health-related products.

The trend towards value-based care aligns with CVS's integrated healthcare approach.

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