Ken Kremsky: Effective Cost Reduction is only possible with proper analyzing


Cost reduction is a difficult task for sure. The organizations also need the assurance for the stability. To be very frank, this is rare; something very rare. Barely one out of a hundred test cases could prove be successful. In other words, the attempts for reducing the costs successfully, often fails. Ken Kremsky however proves out to be an exception, and he openly says about the ways he succeeded.

Work Experience

Ken Kremsky is into financing and cost management, for more than two decades now. He started his career as the Assistant Controller. Here, Ken kept a good eye on the packaging materials and the processes involved. He was quick to analyze the errors in the processes and the ways to overcome them. He also kept a good eye on the repetitions in the processes and the ways to effectively skip them.

He later worked with Kraft Food. Working for the production and the packaging units, Ken found out ways to help the organization save around 15% of the costs. He was quick to notice the least priority materials in the use and the risk involved at degrading their quality. He calculated the effects of introducing changes in the unit and the adjacent units. In all, he was supposed to calculate the overall impact of bringing out the small changes.

Professional Certification

Ken Kremsky is a Black Belt holder in Lean Six Sigma Certification. This certification honed his skills at understanding the errors and the best ways to bring out changes, with the lowest possible risks. The certification helps him understand the repetition and thus helps him skip the redundant steps. The skipping of steps helps the organization saving excess investments and resources; thus reducing the production charges. It is now understandable that by reducing the costs, and still maintaining the same selling price at the end, the organization manages to gain bigger numbers.

The Lean Six Sigma Certification classifies the participants based upon the skills they acquire. The Black Belt is offered to the participants who belong to the higher management of the organization, that is, for positions like the Manager and higher. This certification has helped Ken Kremsky to recognize and eliminate the errors in the processes. Additionally, he has honed his skills at managing teams and getting the work done. We now see all the reasons how Ken has been saving 75 million US Dollars, every year, for his organization.

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