Jacob Wyngard

Consulting Associate at Insight Sourcing Group
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Contact Information
us****@****om
(386) 825-5501
Location
Nashville, Tennessee, United States, US
Languages
  • Spanish Limited working proficiency
  • English Native or bilingual proficiency

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Experience

    • United States
    • Business Consulting and Services
    • 100 - 200 Employee
    • Consulting Associate
      • Jun 2023 - Present

    • United States
    • Business Consulting and Services
    • 1 - 100 Employee
    • Category Manager - Consultant
      • 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

    • United States
    • Automation Machinery Manufacturing
    • 100 - 200 Employee
    • Strategic Sourcing Specialist
      • 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

    • United States
    • Machinery Manufacturing
    • 700 & Above Employee
    • Analyst, Supply Chain Development Program
      • 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

    • Procurement Specialist
      • 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

    • President
      • 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.

    • Secretary
      • 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.

  • Wyngard Painting
    • South Lyon, MI
    • Professional Painter
      • 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.

    • Canada
    • Consumer Services
    • 300 - 400 Employee
    • Solicitor
      • 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.

Education

  • Michigan State University - The Eli Broad College of Business
    Bachelor’s Degree, Logistics, Materials, and Supply Chain Management
    2014 - 2019
  • South Lyon High School
    2010 - 2014

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