Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.
Are you passionate about driving innovation with compelling assortments and experiences? If so, there is a great opportunity to join CVS as an Assistant Category Manager of Cosmetics. In this role, you will partner with your leadership to execute the strategy to drive these categories while amplifying the priorities for CVS Retail.
The purpose of the Assistant Category Manager role in Cosmetics is to participate in shaping the category strategy, at the direction of your leader, to drive the P&L to achieve sales, profitability and margin growth, along with training and development of future leaders. In this role you will have ownership of the P&L driving optimal and intentional business towards your category in a creative way. You will use your negotiating skills to immerse yourself in your category, readily sharing best practices with your peers, Senior Category Manager Leader and your Division Market Manager. You will use all available tactics including Assortment, Promotions, ExtraCare, Digital, Social, Marketing, Store Brand and Supplier Capabilities to reach or exceed goals.
To be successful in this role, you must be an excellent communicator (both written and verbal), have experience leading and influencing others (both directly and indirectly), and be able to clearly present to your Senior Category Manager and DMM leadership using your top-notch presentation skills. You must leverage your prior experience to build influential presentations about your categories with a clear narrative leaving everyone in the meeting clearly aligned to the path forwards. You will leverage your clearly defined prioritization skills to proactively anticipate the market and take calculated risks to grow your market share without risking profit on the P&L. If this sounds like the role for you, apply today
Responsibilities Estimated % of Time
Drive Business Results
• Achieves revenue and margin goals by accomplishing market share growth. Manages all profit and loss targets to include
sales, contribution of margin, inventory turns, GMROI and DOS
• Leverages data, insights, and analytics to influence stakeholders and makes recommendations as appropriate.
• Vendor management, collaborates and negotiates with manufacturers and vendors ensuring strategies achieve in-year
sales and margin goals to promote long-term success and partnership.
• P&L management of $XX.XM- forecasting and pulling levers to drive P&L 50%
Cross-Functional Stakeholder Relationship Building
· At the direction of the Senior Category Manager or DMM, fully embraces organizational improvement initiatives, acting as
a change agent with one’s own team and peers and partners.
· Establishes and enforces policies and procedures that promote ethical behavior, compliance, and best practices.
· Cross-Functional Collaboration: Facilitates collaboration between different departments to promote a cohesive and
integrated approach to achieving organizational goals.
· Drives change agility in self, team and network. 35%
· Measures retention and key performance indicator results on an ongoing basis and provides recurring readout to senior leadership in partnership with cross functional business leads.
· Leverages a results-oriented mindset, using metrics to monitor improvements.
· Develops and manages a standardized set of views that are used to internally monitor macro-level trends and key drivers of each.
· Influences at all levels – up to and including cross-functional SVPs. Excellent written and oral communication skills-strong presentation skills required.
· Develops and cultivates collaborative teams within support areas of Marketing, Legal, Digital, Inventory, Pricing, Promotion, Finance, Store Brands, Store Design, Supply Chain, and Store Operations
· Maintains a supplier relationship for JBP yearly planning, new item reviews and negotiations.
Strategic Planning
· Fosters and shape innovation by bringing ideas to market in an agile way, while balancing growth potential against
financial risk for the broader team
· Drives the team to deliver best-in-class merchandising experiences across in-store channel for {insert categories} and
lead strategy for {insert categories} catalog, including leading negotiations with all suppliers.
· Develops growth and oversee category strategies rooted in an understanding of the customer and trends.
· Assigns appropriate timelines and accountabilities for items, empowering the team to drive action steps to completion.
· Leverages thought partners (Senior leaders, corporate partners, peers, team, etc.) as needed to create and revisit the
strategy.
· Navigates ambiguity and change to achieve goals despite potential obstacles.
· Follows up on strategic initiatives and KPI performance.
· Drives assortment decisions through planograms and features.
· Drives promotional activity strategy, slotting, forecasting and negotiations 15%
Education: Bachelor's degree or equivalent work experience
Prior Relevant Work Experience: 3 or more years
Pay Range
The typical pay range for this role is:
$66,330.00 - $145,860.00
This pay range represents the base hourly rate or base annual full-time 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 short-term incentive program in addition to the base pay range listed above.
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.
For more detailed information on available benefits, please visit Benefits | CVS Health
We anticipate the application window for this opening will close on: 01/31/2025
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
