Improving the experience of a world in motion slide image

Improving the experience of a world in motion

Disciplined approach toward underperforming plants 2018 challenges and improvement by 2019 – Clanton, AL (SS&M) ADIENT Q1 FY18 Issue Launch challenges associated with large domestic SUV (2nd/ 3rd row rear seat structures only) Low machine utilization, poor FTT, high premium freight, poor quality, additional warehouse, etc. Added support personnel: quality professionals, weld technicians, internal and external containment, additional Clanton team members > Platform Loss per vehicle of ($1,900) ~ $(24) M Q2 FY18 Actions taken Improved production stability > Focused labor efficiency improvements New operations manager hired Implemented material review board (scrap reduction initiative) Results Labor costs improved by 16% from Q1 Premium freight reduced by 61% from Q1 > Q3 FY18 Actions taken New plant manager hired Reduction of contract direct, indirect and salary labor, incl. premium overtime Numerous Kaizen events conducted to improve weld health (FTT) Improved daily production, material buffers optimized Initiated commercial discussions Results Labor costs improved by 21% from Q2 Premium freight reduced by 93% from Q2 Clanton Adjusted EBITDA Q4 FY18 Actions taken Executed successful commercial actions (fixed pricing and addressed material economics/tariffs) Implemented required changes for Q4 volume increases Continued efficiency and welding FTT improvement Results Decrease in premium freight ($1.1M run rate reduction from Q1) Reduced customer containment Assembly line MU improved from 42% (Q1) to 75% Fiscal 2019 > Plant (excluding future program launch costs) and program now operating "in the black" > Continued improvement resulting in improved profit per vehicle > Scrap reduced by 81% from Q1 FY18 > A combination of successful operational and commercial actions resulted in profitability Profitable (excl. launch costs) 22 Adient - Improving the experience of a world in motion -
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