Drew Bailey
Director Strategic Sourcing @Banner Health
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WORK HISTORY
Director Strategic Sourcing @Banner Health
Oversight of $300M+ indirect spend contract portfolio including outsourced services, supplies & distribution, and facility maintenance, ensuring supplier performance and value creation. Execute contract re-bids and renegotiations, generating an average of over $5M in cost savings annually, while enhancing SLA adherence and reducing renewal risk exposure. Collaborate cross-functionally with finance, clinical operations, supply chain, and legal to align sourcing initiatives with enterprise strategic initiatives and compliance mandates.• Lead cost optimization and strategic sourcing efforts to identify and implement annual savings initiatives through competitive market benchmarking, volume consolidation, tiered discount structures, performance-based incentives, and strategic supplier selection.• Reduce contract fragmentation via vendor rationalization and centralization of master service agreements, enabling improved visibility, span of control, better service/value and spend accountability/control.• Optimize group purchasing organization engagement and savings through volume-leveraged contracts while boosting policy compliance to achieve optimum tier cost
EDUCATION
Grand Canyon University
Master of Science - MS, Organizational Leadership
Arizona State University
Bachelor of Business Administration - BBA, Business Administration and Management, General
Grand Canyon University
Master of Business Administration - MBA, Business Administration and Management, General
SKILLS
ABOUT DREW BAILEY
Senior Supply Chain and Strategic Sourcing Leader with a proven track record of optimizing procurement strategies, driving cost efficiencies, and enhancing supplier relationships to strengthen corporate value. Expertise in developing and executing sourcing initiatives that reduce expenses, mitigate risks, and align with long-term business objectives. Adept at contract negotiations, supplier performance management, and building strategic partnerships that drive sustainable growth. Skilled in cross-functional collaboration to support enterprise-wide sourcing strategies and continuous improvement efforts.
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