Cardinal Health Strategy & Analytics Analyst, Red Oak Sourcing in Foxborough, Massachusetts

Red Oak Sourcing is a 50/50 joint venture between two Fortune 20 companies, Cardinal Health and CVS Health. Red Oak has sole responsibility for generic pharmaceutical sourcing for Cardinal Health and CVS Health’s retail division and pharmacy benefit manager - representing 85% of the pharmaceutical product volume of the two companies – making Red Oak is one of the largest generic sourcing entities in the U.S.

About our Parent companies: CVS Health - with more than 9,800 CVS retail pharmacy stores, a leading pharmacy benefit manager, and over $175 billion in revenue - is the largest pharmacy health care provider in the United States. CVS dispenses or manages nearly 2 billion prescriptions annually. Cardinal Health, which employs 50,000 people worldwide, is a $130 billion health care services company, providing pharmaceuticals and medical products to nearly 85% of U.S. hospitals and over 24,000 pharmacies.

Red Oak is seeking a seasoned professional for the Senior Analyst of Strategy & Analytics, who run a wide variety of on-going and ad hoc projects and analytics to inform daily generic pharmaceutical sourcing strategy as well as longer-term budget/forecasting decisions made by generic purchasing VPs and directors. This critical role will help shape the pharmaceutical strategy of CVS Caremark and Cardinal Health. Additionally, this role will own strategy, analytics, and communications for executive-level projects related to generics purchasing, including supplier, internal, and board-level presentations. The person will work cooperatively with Red Oak leadership and directly with strategy and analytics teams at CVS Caremark and Cardinal Health. There may be the potential for this role to manage headcount in the future.

Responsibilities:

Lead and champion data & analytics innovation

  • Drive digitizing and systematizing internal knowledge and integrate them into standard processes
  • Lead internal innovation efforts to make decisions faster and more effectively
  • Lead change management efforts to help adopt new information assets (e.g., dashboards)

Oversee market intelligence to inform Red Oak’s strategy

  • Understand product and market changes and implications for Red Oak’s strategy, using available industry data sources
  • Oversee research on suppliers (e.g., develop Red Oak perspective on supplier M&A activity)
  • Oversee research on competitor actions and implications for Red Oak (e.g., other JVs)
  • Oversee research on supply risk of Red Oak portfolio

Manage and support departmental strategic projects

  • Run or support a variety of projects across the organization
  • Manage review of generic portfolio (e.g., annual cost savings, potential changes in exclusivity, modeling changes in purchasing methodologies) and standing supplier appointments
  • Identify pipeline opportunities
  • Review supplier background materials to prepare sourcing executives for supplier meetings
  • Manage ad hoc analyses

Review data and design and build presentations to support executive-level discussions

  • Manage creation of presentations across a variety of topics, including a storyline, key messaging, graphical representation of data, and tailoring to the audience

Support budgeting and forecasting activities

  • Support budgeting activities at Red Oak and for CVS Caremark and Cardinal Health
  • Compile data from multiple sources (e.g., generic drug pipeline, variance analysis) into meaningful communication with proposal for recommended action

Qualifications:

  • Degree required
  • 1-2+ years of related experience
  • Consulting or prior strategy experience highly preferred
  • Analytical and strategic thinking
  • Ability to design and build effective executive-level presentations is required
  • Ability to work with variety of stakeholders, particularly executives
  • Expertise in PowerPoint and Excel (e.g., modeling capabilities)
  • Basic experience with relational databases
  • Either existing expertise or willingness to learn new analytical tools (e.g., SQL, Alteryx, Microsoft Power Suite, Tableau)
  • Basic experience with programming languages is a plus (e.g., VBA, Python, R)
  • Experience with innovation methods is a plus (e.g., human centered design, systems thinking)

Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.