Inventory - Analyst
Inventory - Analyst
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 43888 - 93574
1 Vacancy
Job Description
At CVS Health were building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.
As the nations leading health solutions company we reach millions of Americans through our local presence digital channels and more than 300000 purposedriven colleagues caring for people where when and how they choose in a way that is uniquely more connected more convenient and more compassionate. And we do it all with heart each and every day.
Position Summary
Forecasting: Generate forecast for andsupplies that controls daily purchases and is critical to service level to customers using appropriate system parameters and analytical techniques that will create the most accurateforecast. Using historical data and otherinformation from various internal teams review and analyze and further factor the forecasts to ensure service level inventory turnover and inventory dollar metrics are met. Track forecasts to actual identifyforecast errors and take action to improve forecast accuracy. Review other system trackingand take appropriate actions for furtherforecast improvement. Adjust forecasts for current and upcoming events such asgeneric launches contract implementations pharmacy and formulary changes drug manufacturer backorders and other business changes.
Managing changes: Use available reportingto pull/distribute dispensing input received from internal teams to adjust forecasts forchanges from one manufacturer product to another and unavailable ordiscontinued items to their replacement or other preferred items. Reviewforecast inquiries from internal team members to determine if adjustments arerequired.
Reporting & Maintenance:Supply forecastreports to our suppliers and Trade most appropriate package size/s where needed. Using available reporting pull data onsurplus no movement items or other requirements and analyze data according tomanagement needs. Perform SAP parameter reviews and make recommendations for changes that ensure the impact to service level and inventory dollars is balanced. Suggest process improvements and if approved document in work instructions. Performance of duties asrequired by supervisor including (but not limited to): frequent projectsrelated to compiling and analyzing data (volume inventory consumptionpurchases forecasts and product movement information) as well as performing root cause analyses.
Interaction:Work individually and as a team (including backup responsibilities). An awareness of teammates projects is required so as not to take actions that conflict with project strategy. Appropriately identify and report consumption concerns toensure accurate forecasts.
Education: Bachelors degree in a Businessrelated field is preferred but can be substituted for equivalent experience across multiple aspects of the Supply Chain with previous roles in inventory management manufacturing planning and/or forecasting.
Experience: Minimum 3 years experience in inventory purchasing/planning and/or pharmacy is preferred but not required. Knowledge of SAP and other in house systems is preferred specifically related to Demand Planning and Forecasting. Experience with the Microsoft Office suite of products (Excel Word PowerPoint) is a plus.
Knowledge Skills & Abilities: Must be a proactive problem solver well organized team player with good follow through math and analytical skills that include the ability to perform root cause analyses. Solid verbal and written communication skills are also required. Must be capable of working at an extremely detailed level while remaining flexible in a rapidly changing business environment.
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$43888.00 $93574.00This pay range represents the base hourly rate or base annual fulltime 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 shortterm incentive program in addition to the base pay range listed above.
Our people fuel our future. Our teams reflect the customers patients members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in our comprehensive and competitive mix of pay and benefits investing in the physical emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages our great benefits include:
Affordable medical plan options a 401(k) plan (including matching company contributions) and an employee stock purchase plan.
Nocost programs for all colleagues including wellness screenings tobacco cessation and weight management programs confidential counseling and financial coaching.
Benefit solutions that address the different needs and preferences of our colleagues including paid time off flexible work schedules family leave dependent care resources colleague assistance programs tuition assistance retiree medical access and many other benefits depending on eligibility.
For more information visit anticipate the application window for this opening will close on: 04/28/2025 Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal state and local laws.
Required Experience:
IC
Employment Type
Full-Time
