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  • Contact | www.sigridstropnik.com

    CONTACT ME Submit Thanks for submitting!

  • Stropnik Consulting LLC | Cost optimization

    WELCOME TO STROPNIK CONSULTING LLC Transforming Change into Success

  • About | www.sigridstropnik.com

    Sigrid Stropnik Transforming Change into Success Sigrid Stropnik has over 25 years of experience in the Fast-Moving Consumer Goods (FMCG) Industry working for some of the world's most recognized companies, like The Coca-Cola Company and Accenture, and as independent consultant, working with clients to generate business value. Sigrid has a unique talent for challenging traditional thinking and identifying new opportunities with an entrepreneurial spirit, sense of ownership and creative problem solving. She is outcome driven, very analytical and a life-long learner. The opportunities for AI in Finance excite her. Over the years, Sigrid had the opportunity to work on many successful projects that generated millions of savings and delivered sustainable process improvements. Some of these key areas are: cost optimization busi ness transformation process improvement change management ​ In addition, Sigrid has spent many years in Corporate FP&A roles and working with Marketing and Operations teams on the development of business models and comprehensive value chains for product launches, package & equipment innovations and strategic planning. She is a trusted business partner and advisor with strong business acumen and a reputation of getting things done. ​ Sigrid lives in New York City and is an independent consultant. She offers her services to companies in the US and internationally. Sigrid speaks English, German and Spanish. AWS Cloud Practitioner Six Sigma Green Belt Certified Associate in Project Management (CAPM) Change Management Specialist (CMS)

  • Projects | www.sigridstropnik.com

    Select Projects Learn about some and get in touch to see how I can help your business. COST OPTIMIZATION BUSINESS TRANSFORMATION CORPORATE FINANCE Set the baseline & identify savings As part of the consulting team, I worked on the visibility and value setting phases with a large B2B client. My role was to analyze various expense categories (Marketing & Sales, Financial Services, etc), agree on the areas of potential savings with the client and identify several specific savings initiatives to hit the ambitious savings target. As a result, the client identified 20 initiatives to pursue to reach the savings target. __________________________ Implementing a Solution After a large consulting firm had completed the first 2 phases of cost optimization, the client, a global cosmetics company, wanted to implement the project in-house and with the help of several independent consultants. ​ I was brought to support their North America implementation (largest market). My role was to track savings, implement controls and identify additional savings opportunities. As a result, the business was able to meet its ambitious savings target. Finance Transformation This Finance Transformation project was difficult because it meant radical changes for the client and each employee. I was working closely with the client and esp. their leadership and the Finance teams to identify efficiency improvements. As a result, the client was able to free up 25% of work time through centralization into Shared Services and by removing inefficiencies and duplications. __________________________ Process Improvement The client asked me to look into invoice issues they had with a specific US vendor. Invoices ended up not being approved for months and when they were approved, payment took again extremely long. I interviewed Marketing and Finance teams in Europe and the US about the process with the vendor and analyzed the unpaid invoices. After mapping the current process, I identified the issues: VAT and Shared Services inefficiencies. Once the issues were clear it took only a couple of weeks to fix them. Product Innovation At Coca-Cola, I was working together with the Marketing team, R&D, Supply Chain and others on new product innovations. One of the projects was to bring Glaceau Vitamin Water to Europe. I prepared all value chains for the various variants to identify the revenue margin and to set the consumer selling price. The product was introduced as accelerated strategic initiative after a very short turnaround time. __________________________ Budget Management In one of my Corporate Finance roles I was in charge of $500M and had a team of 8 direct reports. Strategic business planning, rolling estimates and variance analyses were an essential factor for meeting the budget targets every year. Key factors for success: effective P2P system, insightful variance analysis and risk assessment.

  • My Services | website

    My Services I can work in a variety of ways with you: Delivery of specific projects by myself or as part of your team Consultancy – hourly, daily or retainer Training delivery Engagement over a longer periods including temporary placement In addition, I am equally happy to work remote, hybrid or come onsite if needed for which I don’t have a problem to travel. Because of my experience, I can easily plug myself into a team for my various assignments. I can quickly add value to the team, and I am resilient in those environments. Cost Optimization The 3 key phases of Cost Optimization are: Identify who spends how much on what Identify where and how much could be optimized implement strategic initiatives and control & monitoring With my extensive experience in all 3 phases of the process I can help my clients to right size costs across the business sustainably (list not exhaustive): lead E2E process and project management of savings initiatives as part of transformation team analyze expense categories and identify patterns, set savings baseline conduct workshops with client to identify savings opportunities rewrite policies, train new processes and tools Business Transformation During my career, I have successfully delivered Business Transformation results for my clients in the areas of: Technology Organization Processes Culture/ Change Management Areas of expertise (non-exhaustive): Process Improvement Project Management Change Management & Communication Finance Transformation Org Design SAP Implementation & Training ​ ​ AI in Finance Artificial intelligence (AI) in Finance drives insights for data analytics, performance measurement, predictions and forecasting, real-time calculations automates and optimizes business processes manages risk and fraud and much more Staying on top of latest developments in this area is essential for every Finance professional. I am spending extensive time on training, networking and getting exposed to AI projects so I can pass on my knowledge to my Finance clients.​ More information to follow! Interim Corporate Finance Because of my extensive experience in Corporate Finance I can parachute myself in and hit the ground running. I can be relevant quickly and make order out of chaos. Areas of expertise (non-exhaustive): Planning Reporting Forecasting Analysis Strategic Planning & Budgeting Team Lead Marketing Finance New Product Development (NPD) Innovation Stage Gate Process Product Costing Competitive Analysis Governance, Risk & Compliance

  • Interim Corporate Finance | website

    < Back Interim Corporate Finance Impact from day 1 Clients often have a general idea of what they need but are not quite sure of how to put it into practice. We were able to jump right in with our expertise and really helped the company grow and evolve. Previous Next

  • Business Transformation | website

    < Back Business Transformation Turning a new page. We approached this project carefully, as it involved a high amount of change for the client and each employee. By working closely together with leadership and by involving all teams collaboratively in finding efficiency improvements, the client was able to free up 25% of work time through centralization into Shared Services and by removing inefficiencies and duplications. Previous Next

  • Cost Optimization | website

    < Back Cost Optimization Examples of client work to reduce cost. The client wanted to implement a cost savings program and related new policies. We came in to help to keep track of savings, course correct and to take a project to the next level by identifying additional opportunities. As a consequence, the business was able to meet its ambitious savings target. Previous Next

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