Improving the experience of a world in motion slide image

Improving the experience of a world in motion

Driving to a stable, leaner and focused SS&M business VISION ADIENT Return to industry leading profitability through selective participation, focusing only on business where SS&M is clearly advantaged or supports JIT • Products " Platforms OEMs Complete Seat coordination Plants / Overhead SS&M today Aim to have top performing and engineered product in all categories Pursue platforms with primary focus on revenue growth vs. profitability potential Actively meet needs of all OEMS Accept design / engineering changes typically at Adient's risk • View each opportunity as a standalone opportunity • Aim for full vertical integration Decisions driven by legacy network structure, fear of restructuring costs SS&M future Better pivot design towards fit for purpose ... emphasizing design for cost and design manufacturability • Set strict thresholds for platform profitability " Be willing to proactively engage OEMs early on with concerns and walk away if need be Focus on those OEMs shown to be good partners and for which Adient is best positioned to serve Set clear expectations for cost recovery with OEMs Be more proactive and diligent in managing change Leverage SS&M to support Adient's JIT business, while still meeting standalone profitability requirements Pursue selective outsourcing for non-core processes Strategically align footprint/overhead with business needs; actively manage network to avoid hold up risk Significantly reduced ongoing capital expenditure needs with a more focused, vertically integrated global footprint 24 Adient - Improving the experience of a world in motion
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