Biocom, the association representing the California life science industry, announced the appointment of Randy Piper as managing director for the Biocom Purchasing Group, a subsidiary of Biocom that accelerates life science success by leveraging innovative, member-driven strategic sourcing solutions that significantly lower the total cost of doing business. In this role, Piper will oversee the strategy, contracts, sales and operations of the Biocom Purchasing Group.
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“Randy has a strong track record of creating strong, collaborative solutions which create value for members and suppliers alike,” said Rick Fultz, Sr. VP and Chief Business Officer of Biocom. “Whether it’s negotiating contracts with best-in-class suppliers, identifying new opportunities of growth for our members, or working with members to ensure they receive the best value possible under the Purchasing Group portfolio, Randy has the knowledge and experience to expand and improve the important work of the Biocom Purchasing Group.”
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“I’m eager to see him continue to grow some of our key initiatives to help build a world-class group purchasing organization for the California life science industry and I am excited to partner with him to support that growth.”
Piper has more than a decade of healthcare and supply chain experience in the group purchasing sector, with a track record of creating and selling profitable and cost-saving supply chain contracting programs for multi-billion dollar organizations. Prior to joining the Biocom Purchasing Group, he served as VP of Business Development for Back Office Healthcare, and previously at Intalere, one of the nation’s top health care group purchasing organizations. During his time as VP of Contracting, Piper increased the contract portfolio by over $2 billion, resulting in an annual cost savings for members of over $700 million. He holds a bachelor’s degree in business administration from the University of Wisconsin-Madison.
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