MICHAEL P. COMPAGNO
Vernon Hills
Summary
Supply chain executive with proven ability to generate millions in annual savings through effective procurement transformations. Expertise in building strategic partnerships across finance and operations to align procurement with organizational objectives. Committed to fostering a culture of continuous improvement and team excellence.
Overview
22
22
years of professional experience
1
1
Certification
Work History
Vice President, Supply Chain and Procurement
DISPATCH HEALTH
Denver
01.2022 - Current
- $1Bn PE backed healthcare services organization in 28+ markets throughout the US
- Architected and launched a robust supply chain strategy, establishing a high-impact procurement organization from the ground up.
- Partnered cross-functionally with Finance, Operations, and Legal to ensure procurement initiatives directly supported enterprise-wide strategic goals.
- Led high-stakes supplier negotiations that optimized contract terms, elevated service-level agreements (SLAs), and boosted vendor accountability.
- Cultivated strategic alliances with internal stakeholders and suppliers, achieving $5M in annual hard-dollar savings through targeted procurement initiatives.
- Strengthened supply chain resilience and ensured continuity through deployment of advanced technologies and collaboration with suppliers.
- Delivered measurable operational improvements by identifying inefficiencies, implementing data-driven solutions, and building a top-performing team culture.
- Led strategic initiatives to enhance patient care delivery across 52 locations.
- Implemented policy changes to ensure compliance with regulatory standards in healthcare.
Director Center of Excellence, Procurement
BAXTER HEALTHCARE CORPORATION
Deerfield
01.2019 - 01.2022
- Baxter is publicly traded on the NYSE under the ticker BAX. It operates in over 100 countries.
- Led Center of Excellence transformation from limited scope to full-service, centralized procurement function, utilizing analytics to enhance decision-making.
- Spearheaded procurement integration between Baxter and Hill-Rom, emphasizing value capture, process harmonization, and organizational design.
- Performed duties of Interim head of Indirect Procurement for 10 months, driving $68M in hard dollar savings.
- Launched digital dashboard highlighting spend covered by contract, raising coverage from 40% to 80% and improving DPO by 4 days.
- Deployed global P2P guided buying system using Coupa, incorporating eSourcing to streamline procurement processes.
Director Indirect Purchasing, Procurement
BAXTER HEALTHCARE CORPORATION
Deerfield
01.2017 - 01.2019
- Baxter is publicly traded on the NYSE under the ticker BAX. It operates in over 100 countries
- Led Global IT and Travel Procurement organizations, driving over $15M of hard dollar savings per year.
- Led team of 18 category managers and buyers, implementing strategic sourcing initiatives aligned with departmental objectives.
- Managed travel strategy program and P&L, achieving company targets of $175M.
- Developed strategic relationships with internal stakeholders, securing buy-in for sourcing strategies and influencing strategic requirements.
- Managed talent and career development for direct reports, addressing obstacles to delivering value.
Consultant from HireGenics
BAXTER HEALTHCARE CORPORATION
01.2017 - 12.2017
- Baxter is publicly traded on the NYSE under the ticker BAX. It operates in over 100 countries
- Led global deployment of managed service provider (MSP) and vendor managed solution provider (VMS); built business case, project plan, and deployment schedule to achieve $17.1 million in savings in year 1.
- Analyzed healthcare trends to inform strategic recommendations for client projects.
- Collaborated with cross-functional teams to develop innovative healthcare solutions.
- Facilitated workshops to gather insights and align stakeholder expectations.
Director Global Programs and Systems
SHIRE (SPIN-OFF, Baxalta)
01.2016 - 12.2017
- Baxalta was originally spun off from Baxter International Inc but merged with Shire in 2016
- Led global programs for the Global Sourcing and Procurement organization.
- Oversaw global initiative to define and execute strategies for removing $350M in costs from global operations.
- Led Core Integration Team to integrate processes and systems of Shire and Baxalta.
- Evaluated strategic versus tactical functions of organization to drive efficiencies and standardize processes, determining fit for offshore shared service environment.
Director Global Sourcing and Procurement Indirect
BAXALTA US INC. (SPIN-OFF, Baxter)
01.2015 - 12.2016
- Biopharmaceutical spin-off from Baxter International Inc and began operations with $6Bn in annual revenue
- Aligned category responsibilities by function, achieving 17% hard dollar savings through establishment of indirect organization for HR, Consulting, Marketing, and Office services.
- Established organization within 6 months, developing standard operating mechanisms, KPIs, scorecards, category strategies, and MSAs for specific categories, resulting in over $16M in purchasing value.
- Standardized contract sourcing process, enhancing adoption of procurement processes across categories with historically low influence.
Director Indirect Purchasing, Purchasing Supplier Management
BAXTER HEALTHCARE CORPORATION
Deerfield
01.2012 - 12.2015
- Baxter is publicly traded on the NYSE under the ticker BAX. It operates in over 100 countries
- Led $35M P2P optimization project, reengineering processes and establishing an 80% standard model to address outdated technology, inconsistent processes, informal governance, and poor data quality.
- Oversaw categories including marketing, commercial print, human resources, financial services, temporary labor, advertising, clinical research, and office supplies, managing over $1.5B in annual spend.
- Deployed tools and applications across procurement technology lifecycle, including Ariba, Coupa, Riversand, Concur, and Oversight, enhancing procurement capabilities.
Senior Purchasing Manager, Purchasing Supplier Management
BAXTER HEALTHCARE CORPORATION
Deerfield
01.2009 - 12.2012
- Baxter is publicly traded on the NYSE under the ticker BAX. It operates in over 100 countries
- Led North American indirect sourcing and operations teams for categories including marketing, commercial print, North American travel, temporary labor, clinical research, and office supplies with over $1B in annual spend, achieving 12% annual savings.
- Implemented global financial pre-approval process, generating over $30M in value for Baxter through developed processes and communication plans.
Operations Manager, Purchasing Supplier Management
BAXTER HEALTHCARE CORPORATION
Deerfield
01.2004 - 12.2009
- Baxter is publicly traded on the NYSE under the ticker BAX. It operates in over 100 countries
- Cultivated relationships with key stakeholders, communicated KPIs and supplier spend monthly for Corporate & Procurement Cards, Commercial Print, Fulfillment, and Procurement to Pay.
- Leveraged key stakeholder relationships to enhance compliance and influence buyer behavior by 20%.
Education
Master of Business Administration (MBA) - Finance
Keller School of Management
Chicago, ILBachelor of Art (BA) - Business Administration
Millikin University
Decatur, ILSkills
- Supply chain management
- Procurement strategy
- Contract negotiation
- Vendor management
- Inventory optimization
- Data analytics
- Regulatory compliance
Certification
- National Association of Purchasing Card Professional (NAPCP)
- Certified Professional in Supply Management (CPSM)
Awards
- 2022 Finance Leadership Award, Procure to Pay Pain Point Owner
- 2012 Finance Leadership Award, Procure to Pay Gateway Program
- 2011 Finance Leadership Award, Howard Recruitment Process Improvement
- 2010 Finance Leadership Award, Bax Expense Finance Team
Timeline
Vice President, Supply Chain and Procurement
DISPATCH HEALTH
01.2022 - Current
Director Center of Excellence, Procurement
BAXTER HEALTHCARE CORPORATION
01.2019 - 01.2022
Director Indirect Purchasing, Procurement
BAXTER HEALTHCARE CORPORATION
01.2017 - 01.2019
Consultant from HireGenics
BAXTER HEALTHCARE CORPORATION
01.2017 - 12.2017
Director Global Programs and Systems
SHIRE (SPIN-OFF, Baxalta)
01.2016 - 12.2017
Director Global Sourcing and Procurement Indirect
BAXALTA US INC. (SPIN-OFF, Baxter)
01.2015 - 12.2016
Director Indirect Purchasing, Purchasing Supplier Management
BAXTER HEALTHCARE CORPORATION
01.2012 - 12.2015
Senior Purchasing Manager, Purchasing Supplier Management
BAXTER HEALTHCARE CORPORATION
01.2009 - 12.2012
Operations Manager, Purchasing Supplier Management
BAXTER HEALTHCARE CORPORATION
01.2004 - 12.2009
Master of Business Administration (MBA) - Finance
Keller School of Management
Bachelor of Art (BA) - Business Administration
Millikin University