Karl E. Fenster
South Charlotte Region; Indian Land SC 29707 412-***-**** ***********@*****.*** linkedin.com/in/karlfenster Highly motived, organized professional with extensive leadership experience in the Healthcare Supply Chain Management Industry. Skilled in value analysis and contracting focused on client-based cost reduction and value-added services. Excel at the comprehensive selection, sourcing, negotiation, and contractual procurement of capital and minor equipment related to clinical/non-clinical areas as well as purchased services for all health-system based supplies required for identified clinical/non-clinical departments. Developed and facilitated successful consultative engagements driving positive results for both organizations and customers. KEY SKILLS
Healthcare Consulting Healthcare Management Strategic Partnerships Distribution Strategies Supply Chain Management Purchase Management New Business Development Continuous Improvement Purchasing Strategic Negotiation Procurement
Business Process Improvement Sourcing Contract Management Inventory Management Cross-functional Team Leadership PROFESSIONAL EXPERIENCE
Owens and Minor, Mechanicsville, VA April 2009 - July 2023 Senior Manager, Strategic Supply Chain Operations, January 2022 - July 2023 Senior Manager, Supplier Strategy Execution, January 2020 - December 2021 Associate Principal Consultant, Supply Chain Strategy and Customer Solutions, July 2011 - December 2019 Senior Health Care Consultant, OM Solutions Resourcing and Consulting, April 2009 - June 2011 Managed Owens and Minor OM Solutions, Center for Excellence and Supply Chain Services Senior Consultants, Consultants and Associates as well as led partner sales teams in the delivery of full scope engagements. Provided expertise in Program and Project Management, Logistics, Clinical Services, Cost Management and Standardization activities. Maintained elevated level of knowledge and subject matter expertise of the vertical service lines of the business via emerging industry trends and competitive direction.
• Directed full-scope complex projects across facilities, regions, and service lines for integrated delivery networks and large-scale healthcare organizations. Leveraged the reduction of operational expenses and improved system efficiencies for multiple hospital organizations in conjunction with generating revenue within gain share and fee for service-based engagements with more than $500 million in client savings.
• Collaborated with client’s executive and management staff to build levels of trust and credibility to support the delivery of consulting engagement commitments, as well as creating an environment that encourages expanded client relationship.
• Supported Lead Partner teams and sales teammates in the assessment and delivery of revenue generating engagements which resulted in comprehensive cost reduction for all parties. Consistently ensured customers received the outcomes required to effectively meet their expectations in cost control through achieved savings and quality of deliverables.
• Actively engaged in supply chain integration, facilitation of unitized delivery programs, logical unit of measure, direct to distribution conversions, SKU rationalization, dispersion standardization, and procedure-based delivery to clinical and non- clinical end user locations when applicable.
• Provided focused training, management, and motivation of teammates in the performance of their assigned duties.
• Developed and implemented procedural guidelines for service and supply initiative best practices. Altoona Regional Medical Center (UPMC), Altoona, PA Corporate Director, Purchasing and Contracts-Supply Chain May 2006 - March 2009 Supervised and established strategic goals for the procurement process across the Health System. Developed operating procedures for entire procurement process including requisition, acquisition, purchasing, vendor relations, expediting and accounts payable within a newly implemented Lawson environment.
• Established and maintained quality standards (CQI/Studer) comparable to Med-Speed philosophy on department and employee level including oversight of core competencies.
• Within the first two years completed overall identification and negotiation to reach a ten-million-dollar savings for the Health System with a special emphasis on orthopedics, trauma, spine, and cardiac rhythm management initiatives.
• Identified opportunities to improve overall efficiency of the end-to-end procurement process. Instrumental in the execution of a multi facility supply chain integration that included logical unit of measurement roll out, point of use implementation, and delivery of SurgiTrack procedural physician centric module system for surgical and cardiac care departments.
• Directly supervised the buyers and support staff, in addition to Perioperative Services Materials Management. Facilitated numerous purchased resource management committees.
• Managed the transition from a transaction-based operation into a strategic goal-oriented supply chain.
• Evaluated and restructured the entire distribution and delivery process for clinical based departments and operations utilizing the Par Excellence System.
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ADDITIONAL RELEVANT EXPERIENCE
Jefferson Regional Medical Center (AHN), Pittsburgh, PA Senior Purchasing Agent, Supply Chain
Primary Strategic Contract Development and Administration as the Authorized Agent on behalf of the Medical Center. Facilitated vendor and manufacturer-based consolidation and standardization as well as new product coordination, evaluation, and implementation.
West Penn Allegheny Health System (AHN), Pittsburgh, PA Corporate Contracting Administrator, Corporate Contracting Department Coordinated business transactions between the vendor community and hospital departments within an IDN based healthcare system. Facilitated group purchasing contracts with departments and vendors in contract implementation and compliance.
• Completed complex pricing and utilization analyses along with contract implementation and overall cost savings programs.
• Managed a team of contract agents to ensure the appropriate acquisition of operational supplies and services to maintain, improve, and oversee item file accuracy, contract performance, and reduction of invoice discrepancy. Children’s Hospital of Pittsburgh, Pittsburgh, PA
Senior Purchasing Agent – Purchasing Department
Responsible for the contractual procurement, development and implementation of all clinical supplies and services necessary for the operations of the hospital as established by corporate policies and procedures within an IDN based health system environment. South Hills Health System, Pittsburgh, PA
Senior Buyer - Purchasing/Materials Management
Negotiated contracts with equipment, material, and service suppliers; reviewed/analyzed expenditures as well as financial/operational reports to determine requirements for increased effectiveness/profitability. University of Pittsburgh Medical Center, Pittsburgh, PA Buyer, Surgical Services Inventory Control
Direct responsibility for day-to-day management of supplies and services for operating rooms, central supply, emergency department, recovery department, anesthesia, and same day surgery inventories. CONSULTING EXPERIENCE
GLG-Gerson Lehrman Group Healthcare and Biomedical Council Member September 2007 – Present Owens and Minor – OM Solutions, Center for Excellence and Supply Chain Services April 2009 - June 2023 Boston Scientific/Guidant Sales Corporation Cardiac Rhythm Management January 2008 - April 2009 Supply Chain Sales Consulting and Training
Johnson and Johnson Ethicon Endo-Mechanical June 2007 - April 2009 Supply Chain Advanced Sales Consultation Training
EDUCATION
Business Administration
University of Pittsburgh - Pittsburgh, PA
Duquesne University – Pittsburgh, PA
Academy for Strategic Leadership
University of Notre Dame
Lean Certification
Project Management Certification
PROFESSIONAL ASSOCIATIONS
CSCMP – Council of Supply Chain Management Professionals
(HSCP) Healthcare Supply Chain Professionals
Healthcare Procurement Professionals
(SCMC) Supply Chain Management Consultants
Healthcare Executives Network
Logistics and Supply Chain Network
Healthcare Professionals Administration Services
VHA Novation PA Supply Chain Leadership Executive Council (May 2005-April 2009)
(HSCA) Healthcare Supply Chain Association
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