Kristin Plugge Email & Phone Number

Saint Paul, Mn, Us

New York, Ny, Us

Managed $150M in spend for Aveda, Bumble & Bumble, and Origins, liaised with stakeholders, and led brand strategies through procurement to achieve corporate and brand goals within innovation, agility, sustainability, and cash. -Ensured effective relationships between suppliers and key stakeholders to drive best in class solutions.-Launched Aveda's 100% PCR packaging, setting industry sustainability standards.-Improved cost efficiency for new launches, enhancing overall portfolio profitability.-Initiated TPM HUB for Aveda providing over $3M in first year savings as well as 40% reduction in lead times.

Financial controller for manufacturing and distribution operations including budgeting, forecasting, capital and headcount/productivity. Manage P&L including Intercompany sales, cost of sales, profit and eliminations along with foreign currency estimates and impacts to cash flow. Liaise with regional brand in providing COGS analysis, forecast and budget by category and channel.• Manage Cost of Goods for Aveda North America valued over $110M with financial estimate accuracy consistently within 10% based on knowledge of product and channel mix, obsolescence and loyalty program.• Established and led a cross functional team to do value analysis on Aveda products and delivered over $2M in savings. As a liaison between the brand and the plant, I am able to push for cost giveback and validate it through our P&L.• Reduced plant COGS drivers by over $1M through education and counsel with Operations team on impacts of Spending vs Volume, Labor efficiencies and Production Variances.

Establish new product cost estimates by working with cross functional teams in operations, marketing and R&D. Annual cost setting and analysis of year over year variances. Financial management of inventory reserves, excess and obsolescence. Monthly close the books processes for manufacturing including variance establishment and analysis. Facilitator for Monthly performance review meeting with Senior Management on Manufacturing and Distribution performance and KPI’s.• Built and implemented Product Costing and Pricing modules in SAP for Estee Lauder pilot site. Continue to act as business expert in intercompany accounting and pricing in current rollouts of SAP.• Establishment of gross margin thresholds and quantity thresholds for benchmarking and decision making in the product innovation cycle.

Development of all standard costs for all products produced in Blaine facility. Inventory reporting including days to sell, months cover and excess and obsolescence.• Created gross margin reporting by sku and product segment that was widely distributed and utilized by sales and marketing in decision making.• Managed trade pricing for over 700 products distributed to over 12 channels with various price structures

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Calculated sales forecast to provide high service level and minimize inventory levels. Managed inventory deployment to coast warehouses. Participated in the development and launch of new products in conjunction with engineering and marketing.• Project manager for JD Edwards implementation pilot site. Continued support through superuser and site administrator.• Decreased inventory by $3.5M and increased inventory turns by 2 while keeping customer fill rate above 99% by setting safety stock levels and establishing a hub and spoke distribution method.

Leverkusen, North Rhine-Westphalia, De