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The year was marked by the kickoff and the completion
of many structuring projects for the LISI Group’s
Automotive Division. One of the most striking was
completed in April 2011 with the development of a
reorganization into three business groups. Yesterday
grouped by geographical areas, each of these
three entities focuses on a specific strategic line of
business: production of threaded fasteners to the
first; clip fasteners for the second and mechanical
safety components for the third (seatbelts, brakes,
airbags, etc.). This new organization will enable
LISI AUTOMOTIVE to streamline its manufacturing
capacity and to optimize the innovation efforts within
the division by moving by product/process. More
consistent, such combination should also improve
the division’s commercial efficiency, particularly
in Germany, where the objective is to increase our
market share, and finally to accompany and support
the Group’s development in strong growth markets
such as China. Throughout these business groups, the
significant capital expenditures incurred, as well as the
LAPS (LISI AUTOMOTIVE Production System) program
which is currently being deployed at all sites, will allow
further progress and improve the consistency of the
sites, in order to find a level of operating margin in
line with the LISI Group’s strategy. These programs
rely primarily on the methods of lean manufacturing.
They implement organizational tools like SMED (Single
Minute Exchange Die) which reduces the time for
a change of series on a production line, 5S, which
governs the methods for organizing the work area, as
well as QRQC (Quick Response Quality Control), which
accelerates corrective decision making when a quality
problem is detected on a production line. All these
efforts should contribute to improving the operational
efficiency of all of LISI AUTOMOTIVE’s sites.
A neworganization
in 3 Business Groups
LISI AUTOMOTIVE has chosen to consolidate all of its sites into three
consistent, specialized industrial entities for each of its major businesses:
threaded fasteners, clip fasteners and safety components.