Directory

Tom Farnbacher

Assistant Lecturer

Management


Profile

Academic Background

  • MBA, University of Dayton (Concentration on IT), 1993 BS Engineering, The Ohio State University, 1983 Supply Chain Strategy, Kellogg School of Management, Northwestern University, 2009

Academic & Professional Experience

  • ARCHWAY MARKETING SERVICES, Minneapolis, MN 2014 - 2016 Senior Vice President, Supply Chain * Accountable for implementation of improved supply chain performance ensuring the optimal balance of supply base size, service, cost, performance and contractual legal protection. * Top grade Supply Chain Team and then implemented the supply management directive. * Lead supply contract negotiator and strategist for all critical agreements in supply materials, equipment, logistics, technology and services utilizing LEAN practices. * Developed and led initiatives to expeditiously delivery over $8M in cost reduction during 2015.
  • STANDARD REGISTER COMPANY, Dayton, OH 2011 - 2014 Vice President, Global Strategic Sourcing * Accountable for design and implementation of end-to-end supply chain. * Directed the successful delivery operational, service and resale cost reduction of $14M exceeding the corporate integration project while implementing Oracle ERP procurement module. * Directed the management of resale, raw material and indirect suppliers expending $650M.
  • CARESOURCE, Dayton, OH 2007 - 2011 Procurement Officer * Initiated procurement function at CareSource (Fourth largest Medicaid Payer in the US serving over 900k members) including bidding process, purchase order and investment proposal policies. * Led contract negotiations generating cost reduction of over $10M in 2009, $23M in 2010 and new programs expected to generate an additional $28M in 2011.
  • WORKFLOWONE, Dayton, OH 1992 - 2007 (Formerly The Relizon Co, Reynolds & Reynolds Co.) Senior Director Supply Chain Management (2005 - 2007) * Led all contracts exceeding $20M in supply materials, equipment, technology and services. * Marketed value of supply chain program to executives, sales, operations and supplier network.
  • Director Supply Chain and Purchasing (2000 - 2005) Directed national staff of professionals responsible for management of expenditure exceeding $300M. * Manage and negotiate multi-million dollar contracts for materials, equipment, and technology. * Accountable for delivery of operational cost reduction of over $35M. During this time period, delivered cost reduction improvements over 300% and implemented Oracle ERP.
  • Director Billing and Transaction Services (1997 - 2000) Directed the activities of 135 associates utilizing a team approach driven by peer oriented performance and recognition process. * Utilizing LEAN concepts to improve processes and clerical team resulting in improved customer service satisfaction from 64% to 93% during first year. * Reduced operational costs by $250K while billing transaction volume increased 40%. * Directed 650 sales professionals in new web based and distribution services sales techniques.
  • Manager Industrial Engineering (1992 - 1997) * Directed financial acquisition and consolidation due-diligence teams during period of growth. Acquisitions included companies $259M, $125M, and $50M in annual sales. * Designed LEAN based process improvement training seminar and directed production teams to effectively improve plant production and quality. * Developed, designed and directed the implementation of warehouse information system utilizing radio frequency and bar code technology. Resulted in $65K ongoing cost improvement and annual inventory reduction of $1.4M.
  • CFC INCORPORATED, Dayton, OH 1990 - 1992 Manager Engineering * Initiated top down analyses for several manufacturing industries including steel processing, forging operations, transmission assembly operations, and electronics manufacturing operations. * Developed simulation modeling for food processing, forging, hospital service, mechanical assembly and electronic manufacturing. * Designed and implemented lock out safety program for pet food and paint manufacturers.
  • MONARCH MARKING SYSTEMS, Dayton, OH 1984 - 1990 A Pitney Bowes Company. Senior Industrial and Systems Engineer * Developed and implemented a shop floor reporting system using process improvement teams to optimize production.
  • GOOD SAMARITAN HOSPITAL, Dayton, OH 1983 - 1984 Management Engineer * Implemented $220K annual cost reduction achieved through disposable vs. reusable linen study. * Developed "Level of Care Billing and Productivity Measurement Study and "Newborn Network" billing analysis to develop predetermined patient billing
  • PROFESSIONAL AND EXTERNAL ORGANIZATIONS President of Board for Project Read, 2009 - Present Vice President, Friends of Project Read, 2017 - Present Board Member, Dayton Technology School, 2013 - 2017 Board Member of Big Brothers Big Sisters 2007-2012 Corporate Executive Board's Procurement Strategy Council, 2006 - 2013 Boonshoft Museum of Discovery Associate Board, 2008 - 2012 Assistant Scout Master, Boy Scout Troop 50, 2006 - 2008 Cub Master, Cub Scout Pack 730, 2003 - 2006

Recent Publications

Honors & Awards

Biography

A highly successful business professional with an outstanding record of accomplishment in executive level supply chain management, engineering, and finance positions. Background includes leadership of a full service $650M supply chain management operation, a health care procurement function at $2.2B Medicaid Payer, and most recently implemented a world class supply chain and sourcing strategy for international distributor. Experienced in strategic and tactical planning as a value focused leader with a proven track record in process optimization, cost reduction, customer focused service.

Experienced in the following:

Strategic Sourcing Cost Reduction - Value Delivery LEAN Process Improvement Policy Development Sourcing Desk Optimization Supplier Diversity Oracle ERP Green Stewardship Initiatives eCommerce and Punch-out RFP/RFQ Management ISO and ISO/TS Management Real Estate and Facility Services Logistics Corporate Travel Auditing and Material Planning Contract Negotiations Travel Systems Enterprise Resource Planning Systems Process Improvement Shop Floor Layout Capacity Planning

Courses

  • SPRING 2023
  • MGT 295 F TR 8:30AM-9:50AM FSB 1035
  • MGT 295 G TR 10:05AM-11:25AM FSB 1035
  • MGT 295 H TR 11:40AM-1:00PM FSB 1035
  • MGT 295 I TR 1:15PM-2:35PM FSB 1035
Tom Farnbacher

Contact Information

Office Hours

  • TR 3:00 pm - 4:00 pm & by appt

Links

* Accessible version of PDF available upon request.