Ronald Sherman Email and Phone Number

Strategic Sourcing: Developing and implementing sourcing strategies to secure high-quality, cost-effective medical supplies and services. Categorization and construct optimization linked with utilization to increase highquality outcomes. (Low readmissions, low infection, speed to recovery, longevity, rehab, optimal human performance)Value Analysis: Conducting comprehensive value analysis to assess and improve product utilization, ensuring clinical efficacy and cost efficiency. Redesigned process to leverage technology and automation driving efficient process and stakeholder alignment operationally. (Education, Stocking, BioMed, Infosec, Revenue, Supply Chain)Supplier Management: Building and maintaining strong relationships with suppliers, negotiating contracts, and ensuring compliance with hospital standards and regulations. RFP design, supplier scorecarding, and innovation partnerships with new technology. Cross-functional Collaboration: Working closely with clinical and administrative teams to align procurement strategies with patient care objectives and operational goals. Connecting the very disparate data of financial and clinical to drive decision making that best improves patient outcomes and efficiencies.Cost Savings Initiatives: Identifying and executing cost-saving opportunities without compromising on quality or patient outcomes. Leading and managing conversions, backorders, recalls, and implementing item formulary standardization. Data Analysis and Reporting: Utilizing data-driven insights to inform decision-making and continuously improve procurement processes. Delivering insights into trends and physician level analytics driving growth, cost containment, efficiencies, and standardizations.

Multi service line clinical product portfolio management on the local level for YNHH & GPO side for 14 health systems in Northeast Purchasing Coalition. Contract negotiation and business development across 150+ product spend categories. Contract launch/implementation focused to drive implementable savings opportunities and ensure compliance per contract terms. Ensure clean Data validation and overall scope per category during strategy phases. Align supplier and hospital expectations throughout negotiation process to ensure successful contract term.Work with suppliers during quarterly business reviews to trend and track success and ensure hospitals are receiving necessary rebates and savings opportunities to maximize contract terms and conditions.

-Lead Perioperative contracting team to exceed financial savings target within portfolio for 2021-Built 2022 pipeline with Periop, Neuro-Ortho-Spine, and Digestive Health service lines.- Process improvement, cost mitigation, and maximizing revenue at seven hospitals within Yale network-Actively managing five critical PPE categories from sourcing, distribution, and education within entire network during Covid-19 pandemic.-Built lucrative, long-term customer and Vendor relationships based on extensive in person interaction in collaboration-Lead and motivated diverse task force teams with up to 30 stakeholders- Implemented product standardization’s and conversions across entire network to drive savings and improve processes flows

Managed Orthopedic portfolio and contract negotiations achieving $5Million cost savings. Covered 5 critical PPE categories during COVID-19 pandemic. Contracted new technology/equipment requests in Perioperative services lane. Enhanced compliance and stategic efficiencies by contracting thousands of off-contract items. Developed data analysis and contract dashboards to identify trends and implement efficiences.

Purchasing services for multiple sites within Yale New Haven Health including: Lawrence + Memorial Hospital, Greenwich Hospital, Bridgeport Hospital, and Yale New Haven Hospital.

-Assist with the negotiation of capital purchases and operating leases-Re-design lease policy process templates for internal use-Work with the contracting team in creating and executing the RFP process-Produce financial reports for senior management and C level suite -Design newly implemented and proprietary vendor scorecard templates-Assist administrative personnel with property evaluations and contract analysis

Provide weekly tutoring and academic engagement encouraging academic success. Establish short, intermediate, and long term goals with students through one-on-one mentoring. Encourage student involvement in positive after school activities to enrich their academic career. Research colleges with each student, familiarizing them with the process of college enrollment.

Worked in various departments within Barnum including: Marketing, Operations, and Investing. Worked one-on-one with a financial advisor located in Stamford observing and assisting daily activities and analyzing client portfolios. I provided the advisors with support in creating financial plans and presentations.