Fiscal 2024 Second-Quarter Financial Results
MAP 2025 Focus Areas Built on Prior Successes
Manufacturing
(MS-168)
Procurement
MAP 2020 successes
Implemented MS-168 at over 40 larger facilities
.
Created center-led manufacturing
•
Purchased Corsicana, TX facility
•
Created center-led procurement
.
•
Consolidated spend and developed strategic
supplier relationships
Value engineering focused on cost reduction
activities
MAP 2025 focus
Expand MS-168 to additional facilities
•
Continue to optimize footprint
.
Execute new approaches to plant efficiency
Grow strategic supplier relationships
•
Expand categories of centralized
procurement
•
Commodity cycle recovery
Sales force effectiveness
Commercial
(CS-168)
•
Established commercial system process
•
.
Implemented tools needed for data capture
Expanded data analysis capabilities
☐ Value added selling
Improve margin management through mix
and innovation
$465 M in Total Targeted Annualized Savings by May 31, 2025
RPM
Investor Presentation | Jan. 11, 2024
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