J. Michael Lacy
Holland,MI
Summary
Purchasing professional with over 25 years of manufacturing exposure in high-paced production environments. A strong record of effectively managing corporate goals, a dedicated team member with an unwavering focus on long-term supplier partnerships, allowing organizations to maximize value throughout the entire supply chain.
Overview
18
18
years of professional experience
Work History
SUPPLY CHAIN MANAGER
JR Automation
04.2020 - 01.2023
- Responsible for developing sourcing strategies that support corporate commodity initiatives and achieve project specific cost savings to maximize business unit profitability
- Providing leadership to 8 direct reports (4 buyers, 4 shipping/receiving) for the most cost effective and efficient supply chain to support customer project timing
- Documented annual savings of $5.4 million for FY2020 (7%), $1.3 million YTD 2021
- Developed and implemented inventory put-away and stock location procedure to minimize loss and downtime
- Negotiated robot inventory allocation to overcome supply chain constraints and protect project timelines
- Qualified and developed external suppliers for subassembly outsourcing to enhance internal capacity and deliver cost savings.
COMMODITY MANAGER
JR Automation
09.2018 - 03.2020
- Responsible for developing commodity strategies that support the global footprint of JR Automotive Systems
- Charged with determining the most cost-effective supply chain while leveraging the corporation's worldwide volumes
- Finalized global preferred supplier agreements with major component suppliers, securing best in industry discounts on components and structuring rebate programs for incremental growth
- Negotiate Terms & Conditions, SSOW and Performance Contracts for custom manufactured machinery
- Cross-Functional Team lead of benchmarking activity for corporate wide strategy implementation
- Lead corrective action development and implementation to meet corporate performance metrics.
SENIOR BUYER
Gentex Corporation
04.2007 - 06.2018
- Responsible for developing Gentex Global Plastics Purchasing Strategies while launching new product development programs, working with cross functional teams
- Successfully managed plastics buy from $30MM to $100MM through economic downturn, supplier consolidation and business acquisitions
- Identified and proposed VAVE (MCR) initiatives focusing on cost reductions in material and process improvements resulting in more than $10MM in savings across multiple OEM platforms
- Lead role in circumventing a six-month industry wide raw material shortage that resulted in 100% on-time shipment to customer demand, including the qualification of alternate materials
- Coordinated relocation efforts of components inherited through business acquisitions, including relocating 23 tools from Germany and Mexico to domestic supplier partners.
BUYER
Trans-Matic Manufacturing Company
06.2005 - 04.2007
- Responsible for the sourcing of outside service suppliers in the manufacture of deep drawn stamped components on new and replacement tooling programs
- Consolidated heat-treat and part washing supply base to leverage production volumes resulting in an overall 15% cost reduction
- Developed stocking program of standard carbide tooling thereby reducing tooling lead times by 12%
- Coordinated the identification and qualification of outside machining services to support corporate quality objectives and customer demand.
Education
BACHELORS OF SCIENCE CORPORATE FINANCE -
WESTERN MICHIGAN UNIVERSITY
Kalamazoo, MISkills
- Proficient in Microsoft Office Products including MS Project
- Extensive knowledge of Oracle EBS, Oracle Business Intelligence (BI), and COGNOS Reporting Tools
- Coordinated and participated in Toyota Production Systems (TPS) Training at supplier facilities
- SAP Experience
Timeline
SUPPLY CHAIN MANAGER
JR Automation
04.2020 - 01.2023
COMMODITY MANAGER
JR Automation
09.2018 - 03.2020
SENIOR BUYER
Gentex Corporation
04.2007 - 06.2018
BUYER
Trans-Matic Manufacturing Company
06.2005 - 04.2007
BACHELORS OF SCIENCE CORPORATE FINANCE -
WESTERN MICHIGAN UNIVERSITY