Kenneth Kremsky

For an FMCG based industry, it is quite necessary to work on their product quality. Something, that is more important than just the quality, is their safe reach to the consumers. FMCG based companies on a broader base, include packaged food items. These food items come with an expiry date; beyond which, they tend to decay.  The production unit too, needs an environment; that saves the raw organic materials from putrescence. The fresh raw organic materials are efficient, mostly in their raw form. With the oxidizing environment, the raw materials tend to lose their natural juice that gradually kills its nature. The industry, thus need to have a keen look at this, as well. The decayed product is a great loss for the production unit, as well as for the retailers. Who would like to dock items that would rot in a day; and, the products can’t be delivered the very day they arrive as a raw material, at the production unit. The intermediate steps involve proper quality checkin...

A decade back, if someone gave you a choice to choose an item, say shoes; I believe, we could barely name a couple of brands. Now, you can name ten more alternatives to that couple of choices. In addition, these alternatives met your needs, budget and rest of the factors. It has inferred one big statement for the current market: “While entering the market could be easy, sustainability is difficult.” The only way to sustain your existing customers is to offer better services than the market; and at the same time, keeping the price as lower as possible. “Cost reduction” is a way you can look after. The first question that rises at this point is how. Cost reduction is the process that helps reducing the cost involved at the input side. As a result, the company can gain with a big margin, even without raising the retail price. Either the production unit replaces the raw material with something cheaper and more productive; or there could be changes with the packaging materials. T...

Financial planning and analysis is the budgeting, forecasting and analytical processes that support an organization's financial health and business strategy. The FP&A discipline combines in-depth analysis of both operational and financial data to help align business processes and strategies with financial goals, and to evaluate progress towards those goals. It relies heavily on statistical analysis to measure and plan business operations and forecast their financial impact, taking into account internal variables but also broader demographic and economic trends, as well as subjective, qualitative evaluation.  Duties and Responsibilities of Financial Planning and Analysis Professional: · Monitoring working capital and cash flow · Monitors other popular gauges of financial health, such as the debt-to-equity ratio. · They analyze the financial impact of certain operations, such as the profitability of individual product lines      and the eff...

Project management is the planning, organizing and managing the work of a team to achieve objectives and goals at the specified time. A project is a one-time activity that gives some outcomes for the project. It includes making a project plan, which involves defining the project objectives and goals, how they will be achieved and determining budgets and timelines for completion. It also includes managing the project plan, along with operating regular controls to ensure that there is accurate information of the plan, and the mechanisms to implement recovery actions where necessary. Project management processes fall into five groups: Initiating Planning Executing Monitoring and Controlling   Closing Highly skilled in project management, Ken Kremsky handled so many projects and managed them very well. Besides, he is also skilled in SAP utilization, Strategy, Forecasting, Cross Functional Team Leadership, Financial Reporting, Process Improvements, Productivity, Stra...