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Explore how one manufacturer shifted away from metal to improve products and save.
How to Perfect Thermal Management in LED Lighting Applications
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See how Avient opens up possibilities for the world through plastics
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Operational%2520Excellence.pdf
Kedrowski Page 38 Operational Excellence • Operational Excellence is a never-ending quest for improvement in response to the voice of our customers and shareholders • It is all about strengthening our capabilities to deliver value flawlessly to our customers deliver value flawlessly to our customers • It challenges us to enhance our productivity, profitability, and efficiency in all phases of our business, from safety to quality to waste elimination to environmental stewardship Page 39 Lean Six Sigma Initiative • In 2009, Lean Six Sigma was launched to improve execution skills across all businesses, functions, and global regions • A company-wide diagnostic was conducted, resulting in identification of six conducted, resulting in identification of six strategic improvement platforms • Financial targets were estimated, resources identified and trained results delivered , Page 40 PolyOne OSHA Recordable Incidence Rate 4 5 6 5.1 Safety Performance *Rubber And Plastics Manufacturing Industry (2010 Bureau of Labor Statistics). 0 1 2 3 2005 2006 2007 2008 2009 2010 2011 Industry Average 1.4 1.3 1.1 1.1 0.85 0.65 0.57 Page 41 • Exemplary on-time delivery • Best-in-class working capital % of sales 81% 87% 88% 95% 93% 92% 94% 2005 2006 2007 2008 2009 2010 2011 On-Time Delivery* Lean Six Sigma Delivering Results • Approximately $200M in cash driven by working capital improvements 16.2% 14.4% 18.9% 11.7% 9.6% 9.6% 2006 2007 2008 2009 2010 2011 WC % of Sales 2005 2006 2007 2008 2009 2010 2011 *As measured to customer request date Page 42 40.0% Percent of Associates Trained in LSS World’s Best Start-up Program in 2009* World’s Best Business Process Excellence Program in 2012* Award-Winning Lean Six Sigma Program *Both awards received from International Quality and Productivity Center 16.5% 40.0% 2009 2011 Page 43 • Globally leverage strategic supplier management best practices • Implement world class demand management processes Critical Imperatives • Improve operational reliability and efficiencies • Optimize global freight management Drive 50 – 100 basis points of gross margin expansion per year Page 44 Page 45
https://www.avient.com/resource-center/knowledge-base/article/starting-point-intrinsic-design?rtype%5B0%5D=1164
Find out how you can strengthen your design game with this principle.
We've interviewed Chris Lefteri, Marshall Hamachi, and Owen Foster to glean their insights on materials-centric design, plus rounded up some success stories from the Avient Design team to illustrate how this concept plays out in the real world.
https://www.avient.com/resource-center/knowledge-base/article/starting-point-intrinsic-design
Find out how you can strengthen your design game with this principle.
We've interviewed Chris Lefteri, Marshall Hamachi, and Owen Foster to glean their insights on materials-centric design, plus rounded up some success stories from the Avient Design team to illustrate how this concept plays out in the real world.
https://www.avient.com/investor-center/news/polyone-board-directors-declares-quarterly-dividend-expands-share-repurchase-authorization
Since we initiated our dividend in 2011, we have increased it at a compound annual growth rate of 25%, and over that same period of time we have also repurchased
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Copyright 2011-2023 ABS Quality Evaluations, Inc.
Copyright 2011-2023 ABS Quality Evaluations, Inc.
Copyright 2011-2023 ABS Quality Evaluations, Inc.
https://www.avient.com/investor-center/news/polyone-declares-quarterly-dividend-increase-30-announces-three-year-dividend-increase-plan
We initiated our dividend in 2011, and we have increased it annually ever since," Mr.