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Ken Kremsky Provided a Financial Analysis to Kraft's Austerity Team

As Finance Lead, Ken Kremsky delivered financial analysis for the Kraft Austerity Team, reducing raw and packaging material losses by 5% and reducing fixed expenses by 15%.

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Ken Kremsky Provided a Financial Analysis to Kraft's Austerity Team

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  1. Ken Kremsky Provided a Financial Analysis to Kraft's Austerity Team

  2. Kenneth Kremsky Has Extensive Training in Lean Six Sigma Costing and Financial Analysis • As a Kraft Foods Group employee, Kenneth Kremsky saved about $700,000 in loss allowance over the course of two years. • As Finance Lead, he delivered financial analysis for the Kraft Austerity Team, reducing raw and packaging material losses by 5% and reducing fixed expenses by 15%. • In addition, he prepared weekly reports of fixed labor and maintenance expenses.

  3. His Previous Role as an Assistant Financial Controller at Nabisco Biscuit Company • By implementing direct work guidelines, Kenneth reduced staffing levels and saved $400,000. • Aside from his involvement in the Oreo and premium systems groups, Ken Kremsky also led initiatives such as the 'One Cookie Out' project and the Premium oil reduction project, which resulted in an annual saving of $3 million.

  4. The Expertise He Offers • In his current position, Kenneth Kremsky works as a consultant for a private equity firm. • It is here that Ken Kremsky implements the new ERP accounting software and facilitates the A2R process for the acquisition of the company. • Formerly, he worked at Interstate Brands Corporation as an Associate Controller. • From 1999 to 2005, he served as Nabisco Inc.'s director of cost accounting. • In 2005, Kenneth started serving as a controller at Kraft Foods Inc.

  5. Thank YouKen Kremsky

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