Servicenow Product Owner - Procurement

ServiceNow Procurement Process Owner

At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care. As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven 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: Hybrid or potential for fully remote. As a ServiceNow Procurement Process Owner, you will be responsible for overseeing the design, implementation, and optimization of procurement processes within the ServiceNow platform. You will work closely with stakeholders from procurement, finance, and IT departments to streamline procurement workflows, improve operational efficiency, and enhance user experience.

Primary Duties and Responsibilities:

• Lead the design and implementation of procurement processes within the ServiceNow platform, including requisitioning, purchasing, vendor management, and contract management.
• Define and communicate the long-term vision and strategy for the ServiceNow procurement products within the organization. Align the platform's capabilities with the company's overall business goals and objectives.
• Collaborate with stakeholders to gather requirements, analyze business processes, and identify areas for process improvement.
• Translate business needs into actionable product features and user stories.
• Create and maintain a prioritized backlog of features, enhancements, and bug fixes based on business value and urgency.
• Configure and customize ServiceNow Procurement modules to align with organizational requirements and best practices.
• Define and document procurement policies, procedures, and workflows in collaboration with legal, finance, and procurement teams.
• Collaborate with UX/UI designers to ensure the user interface and colleague experience meet the needs and expectations of end-users.
• Provide input on user interface design and functionality.
• Work closely with quality assurance teams to define acceptance criteria and ensure delivered features meet the required quality standards.
• Conduct user acceptance testing (UAT) and provide training to end-users to ensure adoption and adherence to procurement processes.
• Monitor and evaluate the effectiveness of procurement processes, identify bottlenecks or inefficiencies, and implement corrective actions.
• Stay informed about industry trends, regulatory changes, and emerging technologies related to procurement and ServiceNow platform.
• Serve as a subject matter expert and provide guidance to stakeholders on procurement best practices, ServiceNow capabilities, and process optimization.

Required Skills:

• 5+ years of experience with the ServiceNow product application.
• 4+ years of hands-on experience in supporting procurement processes.
• Experience working with and managing Source-to-Pay application suite within the ServiceNow platform.
• 3+ years of experience with procurement processes, including requisitioning, purchasing, vendor management, and contract management.

Preferred Skills:

• Proficiency in configuring and customizing ServiceNow Procurement modules, including Procurement Catalog, Purchase Orders, Vendor Performance, and Contract Management.
• Experience with integrations between ServiceNow Procurement modules and third-party systems such as ERP systems or vendor portals.
• Strong analytical and problem-solving skills with the ability to analyze complex business requirements and translate them into technical solutions.
• Knowledge of ITIL (Information Technology Infrastructure Library) framework and IT service management processes.
• Deep understanding of procurement processes and IT Financial Management is preferred.
• Ability to design and modify ServiceNow forms, workflows, scripts, transform maps, service maps, web services, inbound email actions, SLAs and agent workspace, table management, performance analytics.
• Excellent communication and interpersonal skills with the ability to collaborate effectively with cross-functional teams and stakeholders.
• Excellent problem-solving and analytical skills.
• Experience in project management, including project planning, execution, and stakeholder management.
• Ability to work independently and prioritize tasks in a fast-paced environment.
• Familiarity with procurement regulations, compliance standards, and best practices.
• Experience with ServiceNow reporting and analytics tools for monitoring procurement KPIs and performance metrics.
• Familiarity with agile methodologies for software development and project management.
• Professional certifications in procurement, project management, or ServiceNow administration are a plus.
• ServiceNow Certified Implementation Specialist (CIS) – Procurement certification.

Education:

• Bachelor's degree in Business Administration, Supply Chain Management, Information Technology, or related field.

Business Overview:

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. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.

Anticipated Weekly Hours 40 Time Type Full time Pay Range The typical pay range for this role is: $83,430.00 - $222,480.00 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. 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. No-cost 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.