Category Management & Strategic Sourcing Specialist

Welcome to Cigna, a global health service company dedicated to improving the health, well-being, and peace of mind of those we serve. We are currently seeking a highly motivated and experienced Category Management & Strategic Sourcing Specialist to join our team. In this role, you will be responsible for developing and executing category strategies to drive cost savings, mitigate risks, and improve supplier performance. We are looking for a results-oriented individual with strong analytical skills, strategic thinking, and a passion for driving continuous improvement. If you are a team player with excellent communication and negotiation skills, we invite you to apply for this exciting opportunity at Cigna.

1. Develop and implement effective category strategies to drive cost savings and improve supplier performance.
2. Conduct thorough market research and analysis to identify potential suppliers and negotiate favorable terms.
3. Collaborate with cross-functional teams to understand business needs and requirements for various categories.
4. Monitor and assess supplier performance and proactively address any issues or concerns.
5. Identify and implement opportunities for process improvement and cost savings within assigned categories.
6. Ensure compliance with company policies and procedures, as well as applicable laws and regulations.
7. Build and maintain strong relationships with suppliers and internal stakeholders.
8. Analyze data and provide regular reports on category performance and savings achieved.
9. Stay up-to-date with industry trends and market conditions to inform category strategies.
10. Participate in contract negotiations and manage contracts with suppliers.
11. Train and mentor team members on category management best practices.
12. Communicate effectively with all levels of the organization, including senior leadership.
13. Collaborate with other category management and sourcing specialists to share best practices and drive consistency across the organization.
14. Act as a subject matter expert on assigned categories and provide guidance and support to other teams as needed.
15. Adhere to ethical and professional standards in all interactions with suppliers, colleagues, and stakeholders.

According to JobzMall, the average salary range for a Category Management & Strategic Sourcing Specialist in Bloomfield, CT, USA is between $70,000 and $90,000 per year. This may vary depending on factors such as the specific job responsibilities, level of experience, and the company or industry the specialist is working in.

Cigna Corp. provides medical, dental, disability, life and accident insurance and related products and services to businesses, governmental and non-governmental organizations and individuals. It operates through following segments: Global Health Care; Global Supplemental Benefits; Group Disability and Life; Other Operations; and Corporate.