Kristen Reabe

EVP & Chief Procurement Officer

Professional Overview
Kristen Reabe is an accomplished procurement and pharmacy services executive with over 20 years of industry experience. As the EVP & Chief Procurement Officer at Independent Pharmacy Cooperative (IPC), she oversees all strategic sourcing, contracting, and supply chain initiatives to drive operational efficiency and maximize value for IPC's member pharmacies.

Experience Summary

Current Role
In her role as EVP & Chief Procurement Officer, Kristen is responsible for leading IPC's enterprise-wide procurement strategy and managing a team of 45 sourcing and contract specialists. She has spearheaded the implementation of advanced data analytics tools to improve category management and supplier negotiations, resulting in an average 8% reduction in pharmacy supply costs for IPC members. Kristen's expertise in navigating the complex pharmaceutical supply chain has been instrumental in maintaining a reliable, cost-effective distribution network during periods of market volatility.

Career Progression
Prior to her current position, Kristen served as the Executive Vice President of Strategic Sourcing and Pharmacy Services at IPC, where she was instrumental in developing innovative pharmacy service offerings and managed care contracting solutions. She also held the role of Senior Vice President at Pharmacy Select, overseeing all national contracting and purchasing activities. Earlier in her career, Kristen was the Vice President of Contracts at IPC, playing a key role in expanding the cooperative's supplier partnerships and enhancing contract terms for member pharmacies.

Academic Background
Kristen holds a Bachelor of Science degree in Business Administration from the University of Wisconsin-Madison, with a focus on Supply Chain Management and Procurement.

Areas of Expertise

• Pharmaceutical supply chain management

• Strategic sourcing and category management

• Contract negotiation and supplier relationship management

• Pharmacy services development and commercialization

• Data-driven procurement decision-making

• Cross-functional team leadership and collaboration

Professional Impact
Under Kristen's leadership, IPC has consistently maintained industry-leading supply chain efficiency, with an average 97% on-time delivery rate for member pharmacies. She has spearheaded the development of several proprietary pharmacy services, including a medication synchronization program that has improved medication adherence rates by 14% among participating patients. Kristen's contributions have solidified IPC's position as a trusted partner for independent pharmacies, driving significant growth in membership and market share.

Conclusion
With her deep industry expertise, strategic vision, and dedication to operational excellence, Kristen Reabe is a respected leader in the pharmaceutical procurement and pharmacy services space. In her current role at IPC, she continues to drive innovation and deliver tangible value for the cooperative's member pharmacies, positioning them for long-term success in a rapidly evolving market.