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CVS Health

Merchandising MBA Corporate Intern - Summer 2024

Woonsocket, RI

You've invested a lot of time and energy in your education. Now you want the chance to make your mark. We offer challenging opportunities for you to learn and grow professionally. In our programs, you'll be immersed in a culture of continuous improvement, with the goal of changing health care for the better.

Position Summary

This program is a 10-week full-time opportunity that provides real work experience with a team in your business area. You will be aligned to projects to lead or contribute to while also participating in networking, development, and career exploration activities. Our Corporate Interns can apply for future full-time roles during the program and have an increased likelihood to receive an offer for a post-graduation role.

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The Summer 2024 program will run June 3rd - August 9th, 2024. Virtual onboarding activities will also take place May 29th -31st, 2024.

This is a hybrid position with 3 days (generally Tuesday, Wednesday, and Thursday) in the Woonsocket, RI office. The other 2 days each week will be working remotely from home, office, or another location of your choice. No housing or housing stipend will be provided, but interns will be given the opportunity to connect with each other prior to the start of the program to coordinate housing if desired.

The hourly rate is $55 per hour with 40 hours/ week, no work on July 4th (company holiday), and two days of paid leave. Please disregard the range listed.

About this business area:

The Retail Front Store Strategy team stewards the development of the company's long-term merchandising strategy while aligning with key priorities within total merchandising strategies. Our team also identifies and cultivates new business opportunities within the overall front-store strategy and develops partnerships with leading CPG suppliers to drive innovation and profitability.

You will gain valuable work experience and participate in:
- Contributing directly to sales and margin goals in assigned category.
- Analyze profit and loss information for the category, develop 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 Drive tactical execution of day-to-day plan activities (e.g., builds off-shelf plans, track promotional period, and perform 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. Research customer product preferences, supplier prices and the competitive environment
- Explore and explain trends in sales, assortment, and customer behavior over time and analyze its implications on retail strategy
- Identify opportunities within pricing, promotion, and assortment to help meet sales and margin goals

Work visa sponsorship is available for this role. This includes participation in Curricular Practical Training (CPT), Optional Practical Training (OPT), and F-1 Visa programs.

Required Qualifications

- ­Meet educational requirements (see education section)
­- 2+ years of professional work experience (Post undergrad)

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 -Currently pursuing a MBA, MPH, MHA or other related MS degree
-Have an anticipated graduation date between September 2024 and August 2025

Whether in our pharmacies or through our health service offerings, we are pioneering a bold new approach to total health care. As health care innovators, we are making quality care affordable, accessible, simple and seamless. We await your fresh ideas, new perspectives, and the unique contributions you will make to our organization.

Client-provided location(s): Woonsocket, RI 02895, USA
Job ID: CVS-R0129311
Employment Type: Intern

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • HSA
    • HSA With Employer Contribution
    • Pet Insurance
    • Mental Health Benefits
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
  • Professional Development

    • Tuition Reimbursement
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program