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Ken Kremsky gave the Kraft Austerity Team financial analysis with the aim of cutting fixed costs by 15% and losses from raw and packaging materials by 5%, both of which were accomplished. He created a daily management review procedure that generated reports for examining the results of the previous day with relation to deviations.
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To Generate Reports, Ken Kremsky Created a Daily Management Review Process
Ken Kremsky Uses His Lean Six Sigma Black Belt Training to Apply His Vast Knowledge • As the former manager of cost accounting at Nabisco Inc., Ken Kremsky suggested changes to the manufacturing process that would result in quantifiable financial savings. • He was a member of multiple productivity teams that found and applied cost savings across the Nabisco network and offered financial support and cost analysis to the plant management.
His Position as the Former Head of Finance • Ken gave the Kraft Austerity Team financial analysis with the aim of cutting fixed costs by 15% and losses from raw and packaging materials by 5%, both of which were accomplished. • He created a daily management review procedure that generated reports for examining the results of the previous day with relation to deviations. • Kenneth is currently employed as a consultant for a private equity firm in Pennsylvania, where he helps with the A2R process for the company's acquisition and integrates the new ERP accounting software.
In Relation to His Specializations • Ken Kremsky is skilled in project management, financial reporting, cross-functional team leadership, strategy, forecasting, SAP usage, and financial planning and analysis. • In addition, he specializes in operations, productivity, strategic business planning, business metrics and benchmarking, internal controls, manufacturing finance, and process improvements.
Ken Has Over 22 Years of Experience in Both Corporate and Field Production • At Kraft Foods Group, Ken was previously the Controller and Strategic Analysis Manager. • He oversaw all accounting operations for the company, including creating the yearly operating budget, making sure Sarbanes Oxley compliance was maintained, and managing internal and external audits.