Summary
Overview
Work History
Education
Skills
Affiliations
Timeline
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Margaret Steele

Flower Mound,TX

Summary

Accomplished leader with a proven track record at Vizient Inc., driving strategic initiatives and operational excellence across multiple sectors. Demonstrates expertise in strategic leadership and KPI tracking, ensuring significant value and operational improvements. Renowned for building strong teams and fostering strategic partnerships.

Overview

26
26
years of professional experience

Work History

Senior Vice President

Vizient Inc.
04.2023 - Current

Directs strategic planning, category management and consulting for the Indirect Spend team at Vizient, specifically around outsourced services and self op programs. She is responsible for ensuring the team delivers significant value and operational improvement for these services. Also has oversight of both the Food and Environmental Services Member Councils.

Senior Vice President, Med/Surg/Lab

Vizient Inc.
05.2021 - 04.2023

Led the Medical, Surgical, Lab and Distribution teams, overseeing over $25 billion in annual sales. In addition, she led the Impact Standardization program representing over 13 programs with over 1500 participating systems. In 2020, helped develop and lead the Supply Assurance team, including regular interaction with key government entities to represent Member needs.

Vice President, Med/Surg

Vizient, Inc.
01.2018 - 05.2021

Senior Director, Med/Surg Sourcing Operations

Vizient
03.2017 - 01.2018

Senior Director, Purchased Services

Vizient, Inc.
05.2014 - 03.2017

Director, Purchased Services

Vizient Inc.
06.2011 - 05.2014

Sourcing Executive

Vizient Inc.
10.2009 - 06.2011

Chief Operating Officer

Beckett Media
04.2007 - 10.2009
  • Created and led the execution of corporate strategy for this $20 million purveyor of sports and entertainment enthusiast books, magazines, services and interactive media.
  • Oversaw day-to-day business operations, including new business development, HR, distribution, IT, fulfillment, patents, trademarks, copyrights, licensing agreements and contracts.
  • Built strong executive and management teams.
  • Evaluated, replaced or significantly upgraded systems and re-designed business processes, including a new search engine, metrics, and website reconstruction to accommodate future modifications.
  • Relaunched Beckett.com as a social media eCommerce platform, providing broad customer base with a single seamless source for online profile, product reviews, comments, collection organization, shop, sell and trade
  • Expanded service offerings by forging and maintaining strategic partnerships with other industry leaders.

Vice President, Web Commerce & Grading

Beckett Media
04.2005 - 04.2007
  • Directed two of Beckett's three businesses, representing 40% of the company's total revenue; managed a multi-tiered staff of 42 with six department heads, reporting to the President/CEO.
  • Key player in transition of ownership when company was acquired by a New York-based private equity firm; helped restructure and reduce workforce, review and revise policies, and outsource Information Technology.
  • Drove eCommerce revenue growth by more than 16% in 2006 through better product selection and marketing.

Vice President, Operations and Publishing

Beckett Media
01.1998 - 04.2005
  • Managed profit & loss for more than 20 magazine titles, books and related operations, including Publishing, Printing, Production, Marketing & Sales, Distribution and Human Resources.
  • Renegotiated print contract, reducing costs more than $400,000 annually.
  • Moved subscription fulfillment operations, saving on average $18,000 per month.
  • Restructured department to improve efficiencies, delivering six-figure cost reductions.
  • Proposed and launched the Beckett Plus publication series, creating a more frequent hybrid of our existing offerings that satisfied customer needs and generated nearly $1 million in gross revenue at 46% gross profit.
  • Implemented state-of-the-art prepress technology to reduce costs by more than 50% within two years

Education

Bachelor of Science - Business Administration And Management

University of Texas
Dallas, TX
05.1991

Skills

  • Strategic leadership
  • Policies and Procedures
  • Operational Excellence
  • KPI Tracking

Affiliations

  • Board Member, Community Store house (2007-2018)
  • Past HIDA Supply Chain Collaborative Steering Committee
  • Previously served on Federation of American Hospitals Advisory Committee

Timeline

Senior Vice President

Vizient Inc.
04.2023 - Current

Senior Vice President, Med/Surg/Lab

Vizient Inc.
05.2021 - 04.2023

Vice President, Med/Surg

Vizient, Inc.
01.2018 - 05.2021

Senior Director, Med/Surg Sourcing Operations

Vizient
03.2017 - 01.2018

Senior Director, Purchased Services

Vizient, Inc.
05.2014 - 03.2017

Director, Purchased Services

Vizient Inc.
06.2011 - 05.2014

Sourcing Executive

Vizient Inc.
10.2009 - 06.2011

Chief Operating Officer

Beckett Media
04.2007 - 10.2009

Vice President, Web Commerce & Grading

Beckett Media
04.2005 - 04.2007

Vice President, Operations and Publishing

Beckett Media
01.1998 - 04.2005

Bachelor of Science - Business Administration And Management

University of Texas
Margaret Steele