Inventory Analytics & Governance Manager

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Summary The Inventory Analytics & Governance Manager is an individual contributor role responsible for supporting Inventory, Data Analytics, DC, and Merchandising partners through the full lifecycle of inventory initiatives, from concept and pilot through testing, implementation, and benefit realization. This role applies a structured decision-making framework to evaluate inventory changes, ensuring parameter updates, policy decisions, and system enhancements are evidence-based, financially sound, and fully traceable. The role serves as a subject matter expert on inventory planning processes and technologies, bridging internally developed applications and enterprise planning platforms such as Blue Yonder to ensure alignment across tools, processes, and business objectives. This position also owns the development and maintenance of the team's SOP library, governance standards, and supporting documentation. In addition, the Manager leads training and knowledge transfer efforts, establishing clear operating models, defining decision rights, and determining when partner teams can operate independently versus when F&R engagement is required.

Inventory Change Governance & Rubric Own and maintain the rubric used to evaluate inventory changes — defining the evidence standards, financial thresholds, and approval criteria required before changes move to pilot or implementation. Maintain an audit trail of inventory parameter changes, policy decisions, and test outcomes, ensuring traceability and accountability across the planning cycle. Partner with inventory planners, DC, and Merchandising teams to ensure changes to planning parameters (e.g., Blue Yonder settings, WOS targets, safety stock) follow established governance protocols. Analytics & Experimentation Support inventory, DC, and Merchandising partners from concept through implementation: scope the problem, design the test or pilot, define measurement methodology, track results, and synthesize findings into a clear recommendation. Evaluate the financial impact of inventory changes — working capital, inventory investment, write-off risk, and in-stock performance — and align stakeholders on outcomes vs. expectations. Build and maintain analytical frameworks and models that support repeatable decision-making on inventory policies and system changes. Financial Tracking & Alignment Track inventory investment implications of active tests and implemented changes against expected outcomes. Translate inventory decisions into financial language for leadership visibility — connecting parameter changes to working capital, margin, and service level impacts. Partner with Finance, DC, Merchandising, and Inventory Planning teams to ensure inventory change decisions align with broader financial targets. Tool Ecosystem Connectivity Serve as a connector across the inventory tool landscape — developing a working understanding of how internally developed applications and enterprise planning platforms (including Blue Yonder) interact and complement each other. Help partners understand which tool or workflow applies to their use case, and where data and decisions flow between systems. Provide input into tool development and enhancement efforts, representing the governance and analytics perspective on how new capabilities should integrate with existing systems. Identify gaps or friction points where tool connectivity is breaking down and surface recommendations to the F&R team and technology partners. Documentation,