Patrick Bainbridge Email & Phone Number

Madison, Wi, Us

LabCorp (NYSE: LH), an S&P 500 company, is a leading global life sciences company that is deeply integrated in guiding patient care, providing comprehensive clinical laboratory and end-to-end drug development services. With a mission to improve health and improve lives, LabCorp delivers world-class diagnostic solutions, brings innovative medicines to patients faster and uses technology to improve the delivery of care. LabCorp employs nearly 60,000 employees worldwide and has a reported net revenues of over $10 billion in 2017. LabCorp serves a broad range of customers, including managed care organizations, biopharmaceutical companies, governmental agencies, physicians and other healthcare providers, hospitals and health systems, employers, patients and consumers, contract research organizations, food and nutritional companies, and independent clinical laboratories.Direct global staff of 13 in sourcing staff that support supply chain, contracting, internal client/vendor management relationships, management of $2M budgets, generating annual savings targets, developing and completing national and global projects within timelines for a $10B/year global life science company.Sourcing Leader that supports acquisitions, transitions and integrations of acquired Companies by LabCorp that grow the Early Development business model. Business Leader to support the harmonization of the LabCorp Sourcing and Purchasing policies and procedures globally in the Covance Drug Development

Princeton, New Jersey, Us

Recruited by VP Finance to into a Senior Leadership Team (SLT) with the action to develop and implement a global strategic sourcing and purchasing organization for a $3B/year global Contract Research Organization. Managed department budget of $2M and a global team of 23 members in sourcing, purchasing and supply chain. Managed and supported a $1B in global annual spend across multiple categories, including key two key category spends of $80M Research Models and $100M Building and Facilities.

Fort Atkinson, Wi, Us

Directs and oversees the organization’s strategic sourcing function, ensuring the most favorable cost and terms consistent with standards of quality and on time delivery. Develops and implements cost effective, global procurement strategies. Leads, mentors and manages a team of procurement professionals. Ensures procurement of products and services to meet conformance to requirements of both external and internal customers.* Supplier Selection, Assessment, Performance Management* IFS-ERP Sourcing System Management* Supplier Relations* Spend Management / Total Cost Evaluation* Negotiation and Decision Making Strategies* Cost Improvement Planning* Commodity Mitigation & Predictability Process* Contract/Agreement Management* Market Research / Supply Market* Product Development / Innovations* General Service Administration/Federal Contracts* Corporate Pricing Team* Standard Setting

 Direct and develop an new business strategy for a Retail Project Management Teamo Implemented a new bidding strategy to support the increase in overall contribution margin o Developed new contracts and scopes of work to support performance by vendors in the fieldo Fostered the development of a new project tracking system that never existed in the company history.o Developed management milestone reports project o Developed capacity planning tool for all vendors and technicianso Implemented a new project communication and issue log system to support consistent communication across all teams Restructured payment terms in all vendor contracts that avoided a cash outlay of over $500k to the company  Managing over a $17 million dollars spend across operations with the following families – contract labor, services, material, and IT.  Developing and implementing NET’s first Vendor Management Strategy Manage staff employees Developing and Implementing a Vendor Management Systemo Developing a databaseo Developed Vendor Request Structure/Process Formalized their request for proposal (RFP) process Reduced Vendor On-Boarding time from average of 60 days to less than 5 per vendor Manage vendor relations for over 500 vendors and approximately 2500 technicians nationwide Implemented Departmental Metrics and Vendor Scorecard Work closely with Enterprise and Service Department to insure quality vendor utilization

* PLANT CLOSURE Managed over a $24 million dollar spend across global/multi-cultural operations in the following purchase families - high level assemblies, electronics, fabrication & machine, computers, accessories, cables, harnesses, and circuit boards. Managed Lunar’s Supply Chain Strategy and Production Line Fulfillment. o Developed and integrated an automated supplier forecasting tool.o Developed an automated Production Parts Planning Tool to ensure 100% fulfillment.o Improved on-time delivery from 69% to 92% during tenure. Managed and implemented an Inventory Management program, Provided supervision, leadership and global mentorship for 4 sourcing professionals, Fostered the development of cost reduction programs that developed a $1.0MM project funnel.  Developed/drove global supplier/buyer contractual relationships, and develop strategies to drive strong cross-P&L negotiations to achieve Company goals. Improved Quality DPPM metric by 20%. Managed global product and component transfer’s to support an effect Sourcing transfer and ensure Regulatory and Process compliance. Worked with R&D and other Lunar functional partners; enhance NPI’s through optimum supplier selection, development, and management, in alignment with purchase family strategies. Enhanced the performance of the domestic & international supply based to support supplier performance metrics.

Middleton, Wi, Us

 Managed over $100 million dollar component spends across global/multi-cultural operations. Developed global sourcing teams. Strategic planning and sourcing of components from all parts of the world (Far East, South America, Latin America, Europe and North America). Implementation of global cost improvement and tracking program that achieved $4.0 million in savings. Negotiated and prepared multi-million dollar global supplier contracts/agreements. Developed Global Synergy cost savings opportunities. Supervised and mentored 2 Global Commodity Managers. Developed and implemented Far East Supplier Assessment & Development Program. Developed strong Global Purchasing Practices to support continuous improvement and consistency in world-wide operations. Managed global commodity trends, pricing impact on operations and availability.  Supported Operations Financial with Global Standard setting of component prices. Developed Commodity Mitigation Programs. Managed Global Supply Base to focus on Cost Improvement, Technology, Quality, Environmental Sustainability, and growth opportunities.

Managed significant projects for Finance and Supply Chain.Finance Project Manager:o Negotiated $8.5 million, 5 year building and maintenance outsourcing project – Minimum $350,000/year savings.o Negotiated $100,000 mailroom outsourcing project.o Responsible for managing the building services and equipment with a total value of over $10,000,000.o Managed staffing responsibilities for 13 employees.o Vendor management.o Managed $1 million plus annual capital budget and $4.5 million dollar administrative/facility services budget.o Implemented cost reduction projects.o Negotiation of Contracts and managed onsite contractors and associated projects.o Developed and forecasted capital and operating budgets.o Developed capital project proposals.o Selected, trained, counseled, motivated, and disciplined subordinatesSupply Chain Project Manager:Team member responsible for implementing a $2 million Warehouse Management System (WMS) project in Rayovac’s largest distribution center. The Catalyst WMS is a packaged application software system that provides control over every facet of a warehousing operation: receipt, storage, replenishment, all levels of picking, and ultimately loading trucks.

Mba, Business

Ms, Industrial Technology Management

Bs, Occupational Safety