Jacob Foley Email & Phone Number

Royal Oak, Mi, Us

Clawson, Mi, Us

Southfield, Michigan, United States

• Develop commodity strategies for resin, plastic, metal components, and packaging, while driving cost savings initiatives in collaboration with global and cross-functional teams• Assist with electronic purchases• Proficient in PLEX (MRP System)• Became the lead indirect and capital buyer in April 2024, achieved $300,000 in cost avoidances.• Effectively negotiated a $0.22 (40%) and $0.08 (8%) cost reduction for immediate positive trend in PPV with current gasket suppliers• Responsible for controlling the supplier sourcing process, which includes RFQs, adherence to supplier and material strategies, conducting negotiations, and supplier sourcing recommendation• Achieved $1,000,000 in cost avoidance through final plastic molded component negotiations• Solved 2-year-old production process failures with achieving production quantities and reducing waste from 50% to 20%• Worked closely with Finance to improve and develop cost estimation process