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Kenneth Kremsky Delivered Financial Analysis for Kraft Austerity Team

In his role as Finance Lead, Kenneth Kremsky delivered financial analysis for the Kraft Austerity Team, successfully attaining the objective of reducing raw and packaging material losses by 5% and cutting fixed expenses by 15%.

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Kenneth Kremsky Delivered Financial Analysis for Kraft Austerity Team

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  1. Kenneth Kremsky Delivered Financial Analysis for Kraft Austerity Team

  2. Kenneth Kremsky Possesses Extensive Training in Lean Six Sigma Costing and Financial Analysis • During his tenure at Kraft Foods Group, Kenneth Kremsky achieved savings of approximately $700,000 in loss allowance over a span of two years. • In his role as Finance Lead, he delivered financial analysis for the Kraft Austerity Team, successfully attaining the objective of reducing raw and packaging material losses by 5% and cutting fixed expenses by 15%. • Besides, he prepared weekly reports to review the fixed labor and maintenance spending.

  3. Pertaining to His Previous Role as the Assistant Financial Controller at Nabisco Biscuit Company • Kenneth implemented direct work guidelines that resulted in reduced staffing levels and annual cost savings of $400,000. • Additionally, he actively participated in the Oreo and premium systems group, leading initiatives such as the 'One Cookie Out' project and the Premium oil reduction project, which collectively achieved annual savings of $3 million.

  4. Regarding His Professional Expertise • Currently, Kenneth Kremsky is working as the consultant for a private equity firm. • Here, he implements the new ERP accounting software and facilitates A2R process for the acquisition of the company. • He formerly filled in as an Associate Controller at Interstate Brands Corporation. • In 1999, he began filling in as director of cost accounting at Nabisco Inc. where he worked until 2005. • In 2005, Kenneth started filing in as controller at Kraft Foods Inc.

  5. Thank YouKenneth Kremsky

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