Asml Holding Nv · EURONEXT:ASML
Asml Holding Nv — Investor Day (November 2003)
10 slides from Asml Holding Nv's investor day presentation, Nov 13, 2003
Slide 1: Toward Operational Excellence
Toward Operational Excellence Stuart McIntosh Executive Vice President of Operations Analyst’s Day - Veldhoven the Netherlands November 13, 2003 / Slide 1
Slide 2: Safe Harbor
Safe Harbor “Safe Harbor” Statement under the U.S. Private Securities Litigation Reform Act of 1995: the matters discussed during this presentation include forward-looking statements that are subject to risks and uncertainties including, but not limited to, economic conditions, product and pricing,
Slide 3: ASML is Committed
ASML is Committed As ASML operates in a highly competitive and cyclical global market l ASML will perform at world-class levels for our customers and against our competitors l To gain market share l ASML will continue with an aggressive Technical Roadmap l To maintain our competitive advantage l ASM
Slide 4: ASML Transitions
ASML Transitions l From technology leadership 1985 1991 2001 PAS 2500 PAS 5500 TWINSCAN l To market leadership 50% 40% 30% 20% 10% 0% 2002 1992 1996 1980 1982 1984 1988 1990 1994 1998 2000 1986 / Slide 4
Slide 5: Toward Operational Excellence
Toward Operational Excellence l The market rightly expects superior returns from this industry and from our company. l ASML will: l Improve margins l Reduce Costs l Cost of Operations l Cost of Goods l Maintain Pricing l Maintain competitive advantage l Manage Capital Employed (working capital) l De
Slide 6: Accomplishments - ASML Goods Flow
Accomplishments - ASML Goods Flow From our suppliers we expect: Shared market commitment - the QLTC program Market flexibility, Just-In-Time delivery and lead-time reduction ASML and our suppliers are dealing with increased market risk l ASML no longer absorbs the cost of inflexibility l ASML unders
Slide 7: ASML Goodsflow (Continued)
ASML Goodsflow (Continued) l Decreased inventories by 29% since this time last year. l Increased raw material and WIP inventory turns by 47%. l Decreased TWINSCAN cycle times by 25% since this time last year l Reduced TWINSCAN Body COGs by 17% since this time last year l Improved goodsflow processes
Slide 8: Accomplishments - ASML Customers Support
Accomplishments - ASML Customers Support l Reduced Service Parts Inventory by 21% since this time last year l Reduced and re-balanced Customer Support headcount with focus on Asia. We can do this without compromise to Customer Service levels because………….. We have increased the reliability of TWINSCA
Slide 9: Conclusion
Conclusion l The environment we operate in is tough l We will continue to focus on Quality, Logistics, Technology and Costs l We will strive for Operational Excellence in all phases of the cycle / Slide 9
Slide 10: Commitment
Commitment