How CVS Health Creates Competitive Advantage through Global Supply Chains

Abstract

This research article is about how CVS Health operates and sustains its existence in the healthcare market. It also illustrates what makes CVS Health stand out from their competitors, and its position in the S&P sector. CVS Health started as a Consumers Value Store where all types of miscellaneous products were sold. Later CVS evolved, became a pharmaceutical company, and began to see more profit; eventually, they changed their company name to CVS Pharmacy to focus more on the healthcare aspect because it brought in more revenue. Expanding their healthcare services also helped expand the company’s market presence. Currently, the store is recognized as CVS Health in the S&P 500 sector. This research explores and identifies CVS Health’s success, especially in creating a competitive advantage through global supply chains.