Summary
Overview
Work History
Education
Skills
Websites
Accomplishments
Certification
Timeline
Hi, I’m

SHERRI BARE

Des Plaines,IL
SHERRI BARE

Summary

Passionate finance professional with an extensive track record of operationally and strategically planning for long term results. Recognized for applying strong business analytics acumen to bring about fundamental change and improvement in strategy, process, profitability, and the customer experience. Known as a highly effective motivational leader, communicator, complex problem solver, and cross-functional team player through the development of high performing organizations and teams. Detailed Process Manager with 8+ years of experience in change management, process improvement and efficiency within the healthcare industry. Passions include innovated new processes and positive impacted profit margins, efficiency and quality. Outgoing personality proven to win over stakeholders and successfully promote new methodologies.

Overview

20
years of professional experience
1
Certification

Work History

CVS HEALTH (PBM)

Senior Process Manager, Manufacturer Rebates
02.2021 - 10.2023

Job overview

  • Analyzed data to identify key trends and insights for strategic decision-making.
  • Increased employee satisfaction for employee onboarding process by 74% through close collaboration with stakeholders and implementing key process changes.
  • Identified opportunities for cost reductions by conducting thorough spend analyses on materials procurement processes as well as vendor negotiations where necessary.
  • Evaluated existing systems and workflows, identifying areas for optimization and implementing changes for improved results.
  • Managed cross-functional teams to deliver projects on time and within budget while maintaining high-quality standards.
  • Gathered and analyzed large amounts of data to determine improvement projections.
  • Decreased 30% of manufacturer resubmissions by requesting change in process for State Medicaid government requirements.

MEDLINE INDUSTRIES INC.

Director, Distributed Pricing
06.2012 - 02.2020

Job overview

  • Oversaw team of 70+ domestic and global pricing analysts including 3 direct report managers.
  • Maximized corporate revenue through effective vendor management of pricing and billing functions for Healthcare Company driving operational excellence.
  • Drove business expansion by identifying new markets, conducting research, and developing targeted marketing campaigns.
  • Implemented pricing strategies to maximize profitability and maintain competitiveness.
  • Reduced inquiry response time by 50%, lowered cost per transaction by 33%, decreased invoice discrepancies by 76%, and reduced DSO by 55%.
  • Established departmental performance goals and provided feedback for underperforming areas.

MEDLINE INDUSTRIES INC.

Vendor Rebates Supervisor
04.2016 - 03.2018

Job overview

  • Managed 10 analysts responsible for processing rebate submissions and dispute files within strict time frames, defending rebate dollars, validating contract eligibility, and crediting customers to corrected pricing.
  • Increased cash flow by reducing pricing credit review response time by 91% by creating new pricing credit review process utilizing new K2 OCR platform.
  • Collaborated with cross-functional teams to streamline processes and provide training and support of rebate functions.
  • Negotiated contract terms with vendors and monitored contract compliance.
  • Built relationships with vendors and group purchasing organizations (GPO’s) to standardize and improve pricing review and rebate processes.
  • Streamlined invoice processing by implementing an automated system that reduced errors and accelerated payment cycles.
  • Worked with sales team to collaboratively reach targets, consistently meeting or exceeding personal quotas.
  • Met with customers to discuss and ascertain needs, tailor solutions and close deals.
  • Gained customer trust and confidence by demonstrating compelling, persuasive and composed professional demeanor.
  • Strengthened vendor relationships by maintaining open communication and promptly addressing any concerns or issues.
  • Monitored service after sale and implemented quick and effective problem resolutions.
  • Recorded accurate and efficient records in customer database.
  • Trained new employees on customer service, money handling and organizing strategies.
  • Displayed and promoted products at industry events to drive brand awareness and increase sales.
  • Selected correct products based on customer needs, product specifications and applicable regulations.
  • Coordinated with cross-functional teams to identify opportunities for process improvements and cost reductions within the supply chain.
  • Developed long-term strategic partnerships with key vendors, enhancing collaboration and creating mutual benefits.
  • Built relationships with customers and community to promote long term business growth.
  • Performed effectively in self-directed work environment, managing day-to-day operations and decisions.

MEDLINE INDUSTRIES INC.

Credit & Collection Supervisor
06.2012 - 04.2016

Job overview

  • Created financial dashboards to provide insights into key performance indicators.
  • Created and managed financial models to evaluate corporate investments and acquisitions.
  • Resolved stale receivables over 91+ days past due by 91% in the first year.
  • Managed disputes effectively by working closely with internal departments to resolve issues quickly and maintain customer goodwill.
  • Prepared internal and regulatory financial reports, balance sheets and income statements.
  • Evaluated staff performance periodically through objective metrics such as collection target achievements and customer feedback, fostering a results-driven culture within the team.
  • Conducted thorough audits of collections activities to ensure compliance with relevant regulations and company policies.

PEPSI AMERICAS/PEPSICO

Enterprise Data Supervisor of Pricing
11.2003 - 01.2011

Job overview

  • Created and implemented pricing processes and strategies that produced consistent quarterly performance improvements
  • Managed and developed a team of 15 pricing analysts who consistently surpassed weekly goals
  • Renovated the pricing operational system with standardized governance model, reporting, and performance metrics
  • Designed and implemented upload functionality and automated reporting using MS Access
  • Measurable results included the elimination of default pricing, reduction in off-invoice deductions (42%), quicker processing time (87%), and reduced annual labor costs ($125K)
  • Oversaw project team in 18-month enterprise-wide integration supporting 500+ staff and $2.7B in revenue to centralize all pricing functions to the corporate office
  • Reconnected 250+ field locations with the corporate office by developing a SharePoint platform to manage workflow and communication of price changes and promotions with sales and distributors
  • Delivered cutover waves on time and with no business interruption
  • Developed various financial reporting and analysis, forecasts, budgets, and trend analysis
  • Negotiated contract terms and oversaw risk management by reviewing contract compliance, performing pricing audits, and maintaining SOX compliance
  • Earned Employee Excellence award in 2009.

Education

DePaul University
Chicago, IL

Bachelor of Arts (BA) from Business Management and Administration

Skills

  • Agile Leadership
  • Process Improvement
  • Operational Excellence
  • Project Management
  • Cross-Functional Collaboration
  • Data Analytics
  • Oral & Written Communications
  • Team Management & Development
  • Analytical and Critical Thinking

Accomplishments

Achieved Employee Excellence Award in 2009 and 2023.

Certification

  • Lean Six-Sigma
  • Business Analysis Activities and Tools
  • Clarity and Conciseness in Business Writing

Timeline

Senior Process Manager, Manufacturer Rebates

CVS HEALTH (PBM)
02.2021 - 10.2023

Vendor Rebates Supervisor

MEDLINE INDUSTRIES INC.
04.2016 - 03.2018

Director, Distributed Pricing

MEDLINE INDUSTRIES INC.
06.2012 - 02.2020

Credit & Collection Supervisor

MEDLINE INDUSTRIES INC.
06.2012 - 04.2016

Enterprise Data Supervisor of Pricing

PEPSI AMERICAS/PEPSICO
11.2003 - 01.2011

DePaul University

Bachelor of Arts (BA) from Business Management and Administration

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