Nick Foley Email and Phone Number
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14+ years experience across Consulting, Accounting, Commercial Finance, Procurement, Supply Planning, Inventory Management and Supply Chain. 10+ years experience specifically in Finance or related roles.Insights savvy across Tableau, Power BI, Excel, and PowerPoint.International experience in New Zealand, United Kingdom, and the United States.Experience in leading multinational projects, my last delivering $40mil USD in savings.
Foley & Co
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Foley & CoHamilton, Nz -
Supply Planning & Working Capital Optimization LeadFonterra Aug 2023 - PresentAuckland, ., NzSupply planning – Responsible for 21,000 metric tonnes of product, equivalent to 1,200 20ft shipping containers. Accountable for 24 month forecast and importing product from New Zealand or from global sourcing suppliers in the USA and Europe. Supply Planning lead for Consumer, Retail, and Whey Protein Concentrate categories. Warehouse management – own inventory relationship with our largest 3PL warehouse, approximately 350,000 sq ft in size. Maintain EDI interface, data, and stock reconciliations between 3PL and our system. Atlantic Working Capital Project: Delivered $40mil USD in under 9 months from reducing inventory holding days from 90 days to 55 days. Embedded performance framework for Sales team to follow and be measured against across Europe and USA. Improved Days Sales Outstanding, achieving an improved cashflow and working capital objective. -
Commercial LeadFonterra Feb 2020 - Jul 2023Auckland, ., NzCommercial finance advisory for Americas Operations team. Providing challenge where needed to improve overall business performance of the Americas Operations team. Achieved the best financial performance Operations had experienced in 10 years.Accounting – own all accounting related activities such as accruals, provisions, forecasts, budgets, journals, and recharges across Supply Chain, Food Safety and Quality, Sourcing, Inventory and Supply Planning teams.Supply Chain Performance – Arrived in the USA to a $8mil USD deficit in supply chain under recoveries turning it into a break-even position. Implemented pricing strategies during the pandemic and resulting global supply chain disruptions. These pricing strategies kept in-line with long sales contracts so that Supply Chain team recover costs year on year. Leadership – Headed a small team and passionate about development and helping direct reports upskill.Cost to Serve project – Led a project that identified areas where we are holding product too long resulting in unwanted warehouse spend and working capital loss. Implemented customer segmentation of customers that are slow to pay and low volumes resulting in moving these customers to a distributor and therefore reducing our burden on warehousing. -
Senior AnalystFonterra Nov 2017 - Jan 2020Auckland, ., NzLead Senior Analyst and mentored Junior Analyst. Developed, set, and challenged the Procurement President and VPs on global savings targets. Achieving savings targets $66m USD annually. Direct team responsible for $21m USD of annual savings.Performance reporting – Tracking of all Procurement initiatives circa $66mil USD. Finding savings opportunities across $4.3bil USD in annual Procurement spend. Commodity tracking – Tracked internal commodity pricing such as sugar, cocoa, and packaging against external market commodities, impacting Procurement spend circa $660mil USD.Analytics – Led Procurement analytics using SQL, Tableau, Power BI, and Excel.E2E Supply Chain Project – Developed a solution tracing raw material impact on final sale. Result allowed for improved gross margins through sourcing cheaper raw materials and input costs.Negotiation skills – Negotiated funds for external commodity intelligence tool. Procurement previously had no system to assess supplier’s pricing. Used the tool’s (Mintec) data to track against Fonterra’s internal commodity prices and shipping costs. This platform provided the Procurement team with a reputable method to challenge supplier’s pricing resulting in millions of dollars saved. -
Commercial AnalystFonterra Dec 2015 - Nov 2017Auckland, ., Nz- Shared-service (back office) performance reporting.- Developed commercial financial models in Excel/Tableau for our shared-service and IT teams.- Involved in major continuous improvement projects $10mil+ to $100mil+ NZD in scope.- Embedded a performance management framework across our shared-service.- Helped setup an additional shared-service centre in Kuala Lumpur, Malaysia. -
AccountantFonterra Dec 2013 - Nov 2015Auckland, ., NzAccounting positions within sales, group reporting, and management accounting. -
AccountantKpmg Mar 2013 - Dec 2013Toronto, On, Ca- Completed financial statements across commercial, manufacturing, grocery, and farming industries. - Prepared income tax returns, GST (VAT) returns and ran a company’s invoicing (debtors/creditors). -
Advisor IiKpmg Dec 2010 - Feb 2013Toronto, On, Ca- Specialised in Internal Audit (Risk Consulting).- Experience across External Audit, Forensics, Management Consulting and Risk Management.- Assisted in graduate recruitment drives. -
Sports TeacherSalisbury Cathedral School Jan 2008 - Dec 2008Salisbury, Wiltshire, GbCoaching sports (rugby, cricket, soccer, and field hockey) and helped run a boarding house.
Nick Foley Education Details
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Massey UniversityHuman Resource Management
Frequently Asked Questions about Nick Foley
What company does Nick Foley work for?
Nick Foley works for Foley & Co
What is Nick Foley's role at the current company?
Nick Foley's current role is Supply Chain Finance Optimization | Driving Supply Chain Efficiency.
What is Nick Foley's email address?
Nick Foley's email address is ni****@****ail.com
What schools did Nick Foley attend?
Nick Foley attended Massey University.
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