If you're a plastic processor, resin is your single largest variable cost — and the market has been engineered to keep you at a disadvantage. Supplier reps walk into every negotiation with hundreds of live transaction prices across their entire book of business. Most buyers walk in with an index and instinct.
That gap is real. And it's costing your company money every quarter.
In this episode, ResinSmart Commercial Director Michael Workman sits down with two of the sharpest minds in resin procurement to unpack why the system works this way — and what buyers are doing to flip the script.
Bill Bowie built his career at Poly America under a mentor who taught him the value of a half a penny — and spent the next 40 years applying that lesson across billions of pounds of polymer. Tyler Wheeler came up buying resin for Amcor, the world's largest packaging company, before joining ResinSmart to build the data platform he always wished he'd had.
What you'll hear in this episode:
→ The Daskasill origin story — why ResinSmart exists and what Bill saw in the buying function that needed to change
→ Tyler's polycarbonate story — negotiating a 10-cent win and leaving 40 cents on the table because the data wasn't there
→ Why indexes serve two masters — and how non-market adjustments quietly transfer wealth from buyers to suppliers
→ The 3 keys every buyer can start applying today: build your network, expand your supply base, expand your resin categories
→ What to do with your time when prices are going up and leverage is thin (hint: it's the most important prep work you can do)
→ How the ResinSmart platform combines live feedstocks, cost models, LevGauge assessments, and peer-reviewed transaction data into a single, always-current view of your opportunity
→ The mindset shift: a price increase nomination is the start of a conversation — not the end of one
Notable quotes from this episode:
"Markets go up like a rocket. They come down like a feather. What we do at ResinSmart is turn that feather into a rocket." — Bill Bowie
"I left 40 cents on the table. I thought I'd won. I had no idea." — Tyler Wheeler
"That price increase letter is a nomination. It is not to be held as gospel." — Michael Workman
"The people who use us the most have been the people who needed us the least — because they already know what a competitive edge looks like." — Michael Workman
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Resources mentioned:
Connect with Michael Workman → LinkedIn
What is The Plastic Resin Buyer Brief?
If you buy plastic resin for a living, this podcast is your edge. Hosted by the experts behind ResinSmart, The Plastic Resin Buyer Brief gives you fast, focused updates on the market forces moving resin prices—and the strategies that smart buyers are using to save money, reduce risk, and make better decisions.
No fluff. No filler. Just the information you actually need—delivered by sourcing pros who’ve managed billions in resin spend.
Subscribe now to stay ahead of the curve in polyethylene, polypropylene, and beyond.
Learn more: www.resinsmart.ai
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