Improving the experience of a world in motion slide image

Improving the experience of a world in motion

Focused on commercial excellence ADIENT Early Successes CEO-level direct customer interactions to align product economics with the high quality of seating solutions being delivered Increased commercial focus through product lifecycle Initiate face-to-face dialogue with customers in critically strained relationships Disciplined bidding approach - Focus on EBITDA, ROI and cash flow ➤ Resolved / renegotiated pricing agreements with three critical customers in last 3 months - expected to generate significant run-rate EBITDA savings ➤ Continue to see strength in new and replacement business conversion (~60% new business and ~90% replacement conversion rates for FY19 through Q2) Seating Americas and Seating Europe have recently road- mapped material Value Add / Value Engineering (VA/VE) initiatives, realizable in the next two years Turn around underperforming plants; consolidate production facilities to improve competitiveness Change management - ensure adequate pricing for customer changes Re-establish VA/VE activities to drive material costs down and expand margins 19 Adient Improving the experience of a world in motion
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