Jacob Wyngard
Consulting Associate at Insight Sourcing Group- Claim this Profile
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Spanish Limited working proficiency
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English Native or bilingual proficiency
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Bio
Experience
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Insight Sourcing
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United States
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Business Consulting and Services
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100 - 200 Employee
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Consulting Associate
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Jun 2023 - Present
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Sourcing IQ
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United States
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Business Consulting and Services
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1 - 100 Employee
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Category Manager - Consultant
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Oct 2022 - Apr 2023
● Developed and executed the complete outsourcing of 326 casted, machined, and stamped components, resulting in the consolidation of the client’s manufacturing footprint, while realizing over $4MM in savings. ● Negotiated two Master Supply Agreements with over $1MM in spend under contract that included warehousing, currency exchange, rebate agreements, raw material agreements, and stocking requirements. ● Performed client category analysis to identify opportunities in their supply base resulting in the re- sourcing of 18 components which lead to working capital improvements, lead time improvements, and savings of $540K. Show less
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DESTACO
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United States
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Automation Machinery Manufacturing
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100 - 200 Employee
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Strategic Sourcing Specialist
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Jun 2021 - Sep 2022
● Managed $41MM in spend across five key categories: machining, fabrication, raw materials, castings, and transportation. ● Navigated three major supplier closures with limited impact to business continuity and delivery of goods to end customers. ● Identified and consolidated 20% of machining spend in order to leverage buying power with suppliers and drive annual cost savings of $68K. ● Established and implemented a standard scorecarding process across all DESTACO global locations to quantify, track, and manage a vendor's performance. ● Identified high-cost air and ocean lanes and negotiated alternative routing for international shipments generating an estimated annual savings of $1.3MM. Show less
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Dover Corporation
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United States
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Machinery Manufacturing
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700 & Above Employee
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Analyst, Supply Chain Development Program
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Jun 2019 - Jun 2021
Strategic Sourcing Specialist – DESTACO (October ’20 – June '21) ● Developed and implemented a re-shoring strategy for approximately 1,000 components, reducing inventory replenishment lead time by 12 weeks. ● Led end-to-end outsourcing of machined parts to increase internal capacity. Led supplier identification, planning, negotiation, and final award resulting in 25% increase in internal capacity, while realizing $80K in annual savings. Strategic Sourcing Specialist – Dover Fueling Solutions (March ’20 – October ‘20) ● Led development of the Business Continuity Plan which reduced supply chain risk and allowed to DFS to qualify for advancement to the Overcoming Adversity stage of the 0DOVER model. ● Executed the risk mitigation plan for single-sourced parts (based on business impact, financial risk, and ease of replacement) while simultaneously driving $295K in annual savings. ● Created and implemented a cost model, now used as a standard across the organization, to evaluate total cost of ownership (TCO) during the RFQ process. Supply Chain Specialist – Hydro Systems Co. (June ’19 – March ‘20) ● Held purchasing responsibilities for approximately 1,000 SKUs. ● Streamlined the overall purchasing process by implementing min-max planning and optimizing safety stock levels, leading to a 12% inventory reduction and 14% reduction in stock-outs . ● Streamlined material flow between receiving, warehouses, supermarkets, and work centers by creating an online ordering process. Reduced transportation moves across cells by 58%, leading to $108K in savings through the elimination of one FTE and OT hours. Show less
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Wisconsin Department of Administration
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Madison, Wisconsin Area
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Procurement Specialist
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Jun 2018 - Aug 2018
Procurement Specialist ● Audited agency Purchasing Card transactions and identified over $95K in inappropriate usage. ● Mapped over 9,300 contract codes to 19 spend categories for the implementation of an automated benefit realization program improving visibility into spend per category. ● Conducted market research and built a comparison spreadsheet for electronic waste service companies and negotiated a counter offer for services. ● Outlined a plan for establishing formalized debarment and suspension protocol for contractors to protect the interest of the public and government. ● Established standard metrics and practices for measuring vendor performance to better align the enterprise with their vendors, mitigate risks, and improve overall performance. ● Provided detailed analysis and projections for spending and saving opportunities following the implementation of strategic sourcing procedures. Show less
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President
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Apr 2017 - May 2018
● Accountable for the largest social club with 1200 members on Michigan State University's campus and in the Big Ten Conference.● Organized multiple charity and social events and ensured all events ran smoothly to guarantee member satisfaction, resulting in increased membership satisfaction of 20%. ● Worked directly with sponsors to promote Spartan Ski Club over many platforms to increase revenue and influence membership growth.
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Secretary
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Mar 2016 - Apr 2017
● Remodeled the club website to present relevant information to our members and sponsors in order to assure all members were knowledgeable of upcoming activities.● Coordinated dozens of club-wide emails to notify members of events and pertinent information.
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Wyngard Painting
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South Lyon, MI
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Professional Painter
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Jun 2011 - Jun 2017
● Provided and negotiated estimates ranging from $300 and $1,100 that fulfilled the customers' painting requests while still benefitting of the company. ● Helped manage a team of two painters and worked independently to achieve a completed job in a time efficient manner. ● Organized and executed all activities included in purchasing paints, other supplies, and equipment in order to keep sufficient inventory. ● Provided and negotiated estimates ranging from $300 and $1,100 that fulfilled the customers' painting requests while still benefitting of the company. ● Helped manage a team of two painters and worked independently to achieve a completed job in a time efficient manner. ● Organized and executed all activities included in purchasing paints, other supplies, and equipment in order to keep sufficient inventory.
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Weed Man
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Canada
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Consumer Services
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300 - 400 Employee
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Solicitor
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Mar 2013 - Jun 2013
● Generated over one-hundred sale leads over the course of one spring by soliciting to community members across Southeastern Michigan. ● Developed a customer base through interaction and continued contact by consistently returning to customers and keeping them updated on current sales. ● Worked 20 hours per week while carrying a full course load. ● Generated over one-hundred sale leads over the course of one spring by soliciting to community members across Southeastern Michigan. ● Developed a customer base through interaction and continued contact by consistently returning to customers and keeping them updated on current sales. ● Worked 20 hours per week while carrying a full course load.
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Education
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Michigan State University - The Eli Broad College of Business
Bachelor’s Degree, Logistics, Materials, and Supply Chain Management -
South Lyon High School