Improving the experience of a world in motion slide image

Improving the experience of a world in motion

Operational and commercial actions improving results Bridgewater facility - Warren, MI (Seating NA) BRIDGEWATER INTERIORS ➤ Largest consolidated joint-venture partner to Adient globally ~$1B in annual revenues ➤ 3 production facilities in Michigan (including Warren, MI) and 1 in Alabama ➤ Supplies primarily seating and overhead systems to Ford, GM, Chrysler and Honda ➤ Key platforms include: Ford F-150 2019 DT Ram DS Ram Classic Operational and commercial actions underway Operational ➤ Improved material flow workshops and freight deep dives ➤ Monthly labor kaizens for critical customers ➤ Investment in scheduling tool to improve flows and plant coordination Commercial ➤ Negotiations ongoing for broadcast, trailers/pallets and rate inefficiencies ➤ New model quotes, address complexity ➤ Outbound freight quoting ➤ Obsolescence discussions/negotiations ADIENT Key benefits and opportunities ➤ Clear and focused roadmap to improvements Containment costs down materially already in FY19 ➤ Premium freight lower YoY Labor/headcount inline to outlook ➤ Current facility operating below historical ROS target - sizable opportunities to capitalize in the near-term 23 23 Adient - Improving the experience of a world in motion
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