Merchandising Strategy Internship (Graduate)

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CVS Health

CVS Health

Merchandising Strategy Internship (Graduate)

Woonsocket, RI
Full Time
Paid
  • Responsibilities

    JOB DESCRIPTION

    This program is a 10-week full-time opportunity that starts on June 6th, 2022 and will end on August 12, 2022. At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive, and patient focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.

    You will gain valuable work experience and participate in:

    • Projects that contribute to the success of our business
    • Community service activities
    • Professional development workshops
    • Mentorship and networking opportunities
    • Interaction with senior leaders

    And our corporate interns have an increased likelihood to receive an offer for a future role with CVS Health. About this business area:

    • Enterprise Strategy Development
    • Steward the development of the company’s long term merchandising strategy
    • Identify key priorities within total merchandising strategies
    • Business Unit Growth & Acceleration
    • Identify and cultivate new business opportunities within the framework of the overall front store strategy
    • Develop partnership with leading CPG suppliers driving innovation and profitability within the organization

    You will work on:

    • Contribute directly to sales and margin goals in assigned category.
    • Analyze profit and loss information for the category, develops sales and margin projections, and assist Category Manager in P&L reconciliation.
    • Analyze relevant data and incorporate findings and recommendations into Category Plans (i.e., optimal SKU mix; Extracare loyalty program; promotional programs) for merchandising programs from 1 to 3 years that reflect deep personal knowledge of our businesses, customers and clients.
    • Drive tactical execution of day-to-day plan activities (e.g., builds off-shelf plans, tracks promotional period and performs post appraisal to take corrective action if necessary).
    • Collaborate with an internal team of CVS professionals in Inventory, Pricing, Promotion, Finance, Store Brands, Store Design and Store Operations.
    • Analyze sales records and inventory levels of current stock; seek new, alternative foreign and domestic suppliers.
    • Develop and maintain a strong understanding of current competition; searches out new competitive opportunities and makes recommendations.
    • Keep abreast of changes in the market. Researches customer product preferences, supplier prices and the competitive environment.

    REQUIRED QUALIFICATIONS

    • Meet educational requirements (see education section)
    • 2+ years of professional work experience
    • Experience with spreadsheets, databases, and presentation software

    COVID REQUIREMENTS

    COVID-19 VACCINATION REQUIREMENT

    CVS Health requires its Colleagues in certain positions to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, pregnancy, or religious belief that prevents them from being vaccinated.

    • If you are vaccinated, you are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status within the first 30 days of your employment. For the two COVID-19 shot regimen, you will be required to provide proof of your second COVID-19 shot within the first 60 days of your employment. Failure to provide timely proof of your COVID-19 vaccination status will result in the termination of your employment with CVS Health.

    • If you are unable to be fully vaccinated due to disability, medical condition, pregnancy, or religious belief, you will be required to apply for a reasonable accommodation within the first 30 days of your employment in order to remain employed with CVS Health. As a part of this process, you will be required to provide information or documentation about the reason you cannot be vaccinated. If your request for an accommodation is not approved, then your employment may be terminated.

    PREFERRED QUALIFICATIONS

    • Demonstrated leadership experience and initiative
    • Strong analytical, critical thinking, problem solving and communication skills
    • Previous consulting, healthcare, and or retail experience preferred but not required

    EDUCATION

    • You should currently be pursuing an MBA
    • Have an anticipated graduation date between September 2022 and August 2023

    BUSINESS OVERVIEW

    At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.

    We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited 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.[]

  • Industry
    Health, Wellness and Fitness
  • About Us

    At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.