Pursuing the optimal logistical and financial strategy at Mondelez International, Ken Kremsky focused on reviewing the raw, package, and finished goods supply chain in North and Latin America. He developed detailed Direct Labor standards which resulted in crewing reductions and cost savings of $400K annually at Nabisco.
Here, Ken participated on both the Oreo and premium network teams led to savings of $3 mm annually, mainly through the 'One Cookie Out' initiative and the Premium oil reduction project. Besides, he provided financial analysis for the Kraft Austerity team with the goal of reducing raw and packaging material losses by 5%, and reducing fixed expenses by 15% which was achieved.
Ken started his career as an assistant controller at Interstate Brands Corporation from 1996-1999. In 1999, he started serving as the manager of cost accounting at Kraft Nabisco Inc where he worked until 2005. Thereafter, he started working as controller at Kraft Food Inc in 2005. From 2012, he worked as the Senior Manager of Finance and Strategic Projects at Mondelez International where he worked until 2017. Currently, he is working as a consultant for a private equity firm.
Being highly experienced at the financial work as a cost accounting manager, Ken Kremsky dealt with all accounting faculty and kept up all accounting and money related announcing frameworks. He grew direct work guidelines which brought about manning decreases and cost investment funds of $400k every year.
Starting his career at the Controlling department, Ken was supposed to keep a good eye on the production and the packaging. This was during this time he understood the value of materials and the need to look out for alternatives.
Regarding his education accreditations, Ken Kremsky pursued in Bachelor of Science in Accounting from Pennsylvania State University. Thereafter, he completed his Master of Business Administration in Finance from LaSalle University.
About Ken Kremsky
Being a certified Six Sigma Blackbelt, Ken Kremsky is highly proficient in Financial Planning and Analysis, SAP utilization, Strategy, Forecasting, Cross Functional Team Leadership, Financial Reporting, Project Management, Process Improvements, Productivity, Strategic Business Planning, Operations, Business Metrics and Benchmarking, Internal Controls and Manufacturing Finance.