Imi Plc · LSE:IMI
Imi — Investor Presentation (June 2008)
19 slides from Imi's investor presentation, June 2008
Slide 1: Brno Plant Presentation, IMI Norgren CZ
Bretislav Vesely Plant Manager IMI Norgren CZ Brno (Czech Republic) June 2008
Slide 2: Why Low cost manufacturing in Brno?
Why Low cost manufacturing in Brno? – Skilled workforce – Infrastructure – Close to major markets – Quality of supply – Stability
Slide 3: LCM in Brno
LCM in Brno Czech Republic: Population: 10,3 mil GDP (EUR): CZ - 8.478 EU-25 - 22.300 Inflation: 2,8% (2007) Unemployment: 5,2% Brno: Distances: Population: 367 k from Prague – 200 km (SE) Unemployment: 5% from Vienna – 140 km (N)
Slide 4: Norgren in Brno - May 2002 - making a start
Norgren in Brno - May 2002 - making a start
Slide 5: July 2002 – dusty summer
G NORGREN July 2002 — dusty summer 3INEERINGADVANTAGE
Slide 6: October 2002 – ready to go!!
G NORGREN October 2002 — ready to go!! SS a a ES a Ye a ee ee % eee — 4} — alate em" ee ieee Da - —— * A o AS NGINEERINGADVANTAGE
Slide 7: LCM in Modřice
LCM in Modřice Total space 10.900 sqm Production 8.900 sqm Reserve ca. 3.000 sqm
Slide 8: Number of Employees 2003 – 2008
Number of Employees 2003 – 2008 Average Nr. of EFT 450 400 350 300 250 200 150 100 50 0 2003 2004 2005 2006 2007 2008
Slide 9: Main product families in LCM Brno
5 Main product families in LCM Brno Industrial fittings and banjos Actuators Coils Valves FRL
Slide 10: LCM Brno – Production mix
LCM Brno – Production mix Production mix development FRL Valves - automotive Solenoids + Magnets Valves - non- automotive Fittings and banjos Actuators 2006 2007 2008
Slide 11: New management systems certified in 2008
New management systems certified in 2008 Environmental Management System + „Safety Company“: ISO 14001:2004 OHSAS 18001:1999
Slide 12: Where we are now
Where we are now – Plant fully established, nearly 400 people – Quality management standards implemented and certified – Dynamic, flexible and motivated team – Improving quality and process stability – Clear strategy for the future – Full integration within the group, e.g. JDE implemented since Augu
Slide 13: Norgren Germany production site strategy
Norgren Germany production site strategy
Slide 14: The target is: Centre of Excellence – World Class Assembly
The target is: Centre of Excellence – World Class Assembly – Organisation – focused and lean – People – stable, loyal, knowledgeable – Performance Structure of education 18% – Quality 21% basic education – Delivery qualified workers – Competitive costs high school higher education + university 32% 2
Slide 15: New Organisation - Strategic business units
New Organisation - Strategic business units Transparency - Flexibility - Efficiency Old New – High complexity - one large – Less complexity - three focused production department with 5 business units product ranges APU = Autonomous Production Units – People sitting in separated offices according to
Slide 16: Matrix organisation
Matrix organisation Plant Manager Břetislav Veselý APU CV APU SPP APU FRL Standard Pneumatic Filtration, Regulation, Commercial Vehicles Products Lubrication APU Manager CV APU Manager SPP APU Manager FRL Ján Novotný Marek Kubuš Sascha Tometschek Quality Manager Jaroslav Merta Main processes: Logist
Slide 17: People
People – Stable – Retention program for key players (28 people selected, total planed 35-40) – Additional life/pension insurance (employees longer than 1year in the company) – Balanced – we care for a balanced, transparent and positive company culture – fair remuneration (monitoring the labour marke
Slide 18: Performance - Quality
Performance - Quality Actions: – QRQC = Quick Response Quality Control (Toyota) – consequent use of tools to minimise quality concerns like P-FMEA (Process Failure Mode and Effect Analysis) – assembly line improvements – solutions which avoid failures during assembly (Poka Yoke) – Improved standard
Slide 19: Performance – Cost competitiveness
Performance – Cost competitiveness Lean is our way – 17 lean tools selected – Kaizen projects running – Training of people in progress 8 Kinds of Waste 5 Heijunka Management by Sight – Employee involvement started 4 Maintenance 5S 3 Root Cause Analysis/ Problem Solving Team -Focused Performance 2 1