Peter Hannon Email & Phone Number

Idaho Falls, Id, Us

Idaho Falls, Idaho

Cost Savings driven and implemented:- Evaluated the contract manufacturing products that are profitable and which are not. Presented the per unit profitability to eliminate the products where there is a loss. Annual financial impact: $3,000,000. - Identified products where the annual demand has increased since 2017 but the purchase price hasn't decreased. Worked with Purchasing to negotiate a new lower price based upon our increased demand. Annual negotiated savings $50,000. - Evaluated impact of free-drop paperwork and flyers in monthly orders. Proposed removing the paperwork due to minimal impact. Annual savings - $500,000. - Created mass import tools to improve speed and accuracy of of data being entered into JDE. Tools to import purchase prices, cost components, pricing and points.

Monthly meeting with Managers to review expensesAnnual budget review and preparation.Provide variance explanations to Executive ManagementROIs for new equipment

Daily transfer price calculation and data entry into JDEAnnual recalculation for 2000 skus to 12 different countriesExplanation of transfer price changes provided to Executive Management

Month end close responsibilities for Purchase Price Variance, Standard Revaluation, Shrink, Scrap, Reserve, Supplier setup costs and Inter-Branch PPVAtypical explanations provided to managementClose assignments related to various locations - US, Canada, Mexico and other International CountriesProvide reports based upon reconciled accounts - PPV and ScrapMonthly Budget review and explanation for Knoxville production facilityOrganize a monthly training call to ensure consistent practices across all the international entities.Annual recalculation of IC Disc Tax Credit