The Urgent Need for Change and The Superior Path Forward slide image

The Urgent Need for Change and The Superior Path Forward

PRIORITY #2: OPERATIONAL PROFIT ENHANCEMENTS Our multi-faceted plan will allow Synalloy to realize considerable manufacturing efficiencies Manufacturing Efficiencies Lean manufacturing ■ - Full analysis of production planning and scheduling to optimize labor Strict productivity per employee guidelines to ensure we are meeting best practices Site organization and plant utilization PRIVET FUND Process flow baselines and oversight in order to remove bottlenecks Overall equipment effectiveness ("OEE") Lowering cycle times while also decreasing the costs associated with poor quality People management and performance governance Investing in training and continued education for manufacturing leaders + – UPG STRONGER TOGETHER 01. 02. 03. 04. 05. Our Plan To Strengthen Synalloy We are confident in our ability to achieve ~$12 million in operational savings by leveraging industry best practices that Chris Hutter has successfully implemented $11.5 million in savings 86
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