Jost Werke Se · XETR:JST
Jost Werke — Investor Day (November 2021)
21 slides from Jost Werke's investor day presentation, Nov 23, 2021
Slide 1: Driving Flexibility
JOST WERKE AG – CAPITAL MARKETS DAY 2021 – DR. RALF EICHLER DRIVING FLEXIBILITY DR. RALF EICHLER – COO OF JOST WERKE AG
Slide 2: Driving Growth, Flexibility, Sustainable Performance, Innovations
1 Driving Growth 2 Driving Flexibility Driving Value 3 Driving Sustainable Performance 4 Driving Innovations 2 JOST Werke AG JOST CAPITAL MARKETS DAY 2021 – DRIVING FLEXIBILITY – 23 NOVEMBER 2021
Slide 3: Keys for Success – Global Footprint and Flexible Operation Processes
Keys for Success – Global Footprint and Flexible Operation Processes GLOBAL • Global presence with „local for local“ approach PRODUCTION • Lean & flexible production layout FOOTPRINT • Modular production process OPERATIONAL • JOST operational excellence program = JOPEX EXCELLENCE & • Performance mon
Slide 4: Global Production Footprint JOST ("Hardware")
Global Production Footprint JOST (“Hardware”) 21 plants in 15 countries +3.000 employees 150 robots 15 coating facilities BL transport production plants BL agriculture production plants Logistic hubs and final assembly 4 JOST Werke AG JOST CAPITAL MARKETS DAY 2021 – DRIVING FLEXIBILITY – 23 NOVEMBER
Slide 5: Production Flow with Modular Processes
Production Flow with Modular Processes VARIANTS DEVELOPED LATE IN ASSET LIGHT & HIGH FLEXIBLE MODULARITY & HIGHLY STANDARDIZED PRODUCTION PROCESS Number of variants1 20 100 1.500 on demand Purchased Design/ Forging and Machining Quality Logistics Vehicle materials/ Coating Assembly Painting engineer
Slide 6: Production Flow with Modular Processes: Machining & Welding
Production Flow with Modular Processes Machining & Welding Purchased Design/ Forging and Machining Quality Logistics Vehicle materials/ Coating Assembly Painting engineering casting & Welding control integration assembly pre-products 6 JOST Werke AG JOST CAPITAL MARKETS DAY 2021 – DRIVING FLEXIBILIT
Slide 7: Production Flow with Modular Processes: Coating
Production Flow with Modular Processes Coating Purchased Design/ Forging and Machining Quality Logistics Vehicle materials/ Coating Assembly Painting engineering casting & Welding control integration assembly pre-products 7 JOST Werke AG JOST CAPITAL MARKETS DAY 2021 – DRIVING FLEXIBILITY – 23 NOVEM
Slide 8: Production Flow with Modular Processes: Assembly
Production Flow with Modular Processes Assembly Purchased Design/ Forging and Machining Quality Logistics Vehicle materials/ Coating Assembly Painting engineering casting & Welding control integration assembly pre-products Automation & Robotics applied 8 JOST Werke AG JOST CAPITAL MARKETS DAY 2021 –
Slide 9: Production Flow with Modular Processes: Painting, Quality Control & Logistics
Production Flow with Modular Processes Painting, Quality Control & Logistics integration Purchased Design/ Forging and Machining Quality Logistics Vehicle materials/ Coating Assembly Painting engineering casting & Welding control integration assembly pre-products 9 JOST Werke AG JOST CAPITAL MARKETS
Slide 10: Flexible and Asset Light Business Model
Flexible and Asset Light Business Model 1 2 3 MODULAR FLEXIBLE GLOBAL PRODUCTION NETWORK PRODUCTION PROCESS WORKFORCE CONCEPT • Low number of input variants resulting • Competences distributed • Temporary worker concept with established in high number of output variants throughout the world on-site
Slide 11: Keys for Success – Operational Excellence & Flexibility
Keys for Success – Global Footprint and Flexible Operation Processes GLOBAL PRODUCTION FOOTPRINT OPERATIONAL • JOST operational excellence program = JOPEX EXCELLENCE & • Performance monitoring and efficiency programs for FLEXIBILITY production, purchasing and logistics ACCELERATING EFFICIENCY 11 JOS
Slide 12: JOPEX: JOST Operational Excellence Program
JOPEX: JOST Operational Excellence Program GOAL: Create an environment in which we prepare JOST for current and future trends, technologies and create internal standards OPERATIONAL EXCELLENCE & DIGITALIZATION & ROBOTIC ROLLOUT OF BEST PRACTICE STANDARDS TECHNOLOGIES MONITORING & CONTROL PRODUCTION
Slide 13: Strategical Purchasing
Strategical Purchasing GLOBAL PURCHASING STRATEGY MAIN COMMODITY SHARES Casting; 19% • CM for all commodities within a global sourcing network Others*; 32% • Strategic multi-sourcing for key commodities Sheet Metal; 22% • Global supplier decision meeting • Proactive supplier qualification and monito
Slide 14: Logistics
Logistics GLOBAL LOGISTICS Rapid lead times and high availability of products due to our NETWORK Global Logistic Center and 24 local warehouses DIGITAL CONNECTION Integrated JOST supply chain serves OE customer directly and WITH CUSTOMER & Aftermarket customers via global logistic network SUPPLIER I
Slide 15: Proof of Flexibility in Volatile Market Environments
Proof of Flexibility in Volatile Market Environments Logistics: Purchasing: PRODUCTION COSTS* AND TURNOVER VS. Ø 2019 Securing the supply Ensuring material chain on supplier and supply and 150% customer side under generating savings at rapidly changing the same time 130% conditions 110% 90% Producti
Slide 16: Keys for Success – Accelerating Efficiency
Keys for Success – Global Footprint and Flexible Operation Processes GLOBAL PRODUCTION FOOTPRINT OPERATIONAL EXCELLENCE & FLEXIBILITY • Applying more digital solutions ACCELERATING • Investments in automated machining and digitalized logistics EFFICIENCY solutions • Operational development synchroni
Slide 17: More Investments in Digitalization and Automation
More Investments in Digitalization and Automation • 43% of CAPEX has been invested in automation Others; 7% in the last 3 years JOPEX: Automation & Robotics; 43% Projects & Savings; 12% • Focused use of the CAPEX budget to support growth and New Products R&D & Expansion; efficiency gains 10% Quality
Slide 18: Capturing the Potential – the Geographical View
Capturing the Potential – the Geographical View Operations strategy synchronized with business line and region TRANSPORT AGRICULTURE STRATEGY OPERATIONAL ALIGNMENT STRATEGY OPERATIONAL ALIGNMENT Upselling and expand product High tech industrialization of Market share potential Capacity increase and
Slide 19: Driving Flexibility – Executive Summary
Driving Flexibility – Executive Summary Our flexible and asset light business model allow us to master the challenges of volatile market environments Our local-for-local-footprint guarantees high availability and short lead time for JOST products We continue to improve our operational excellence and
Slide 20: Q&A
Q&A 20 JOST Werke AG – JOST CAPITAL MARKETS DAY 2021 – DRIVING GROWTH – 23 NOVEMBER 2021
Slide 21: Disclaimer
Disclaimer THIS PRESENTATION IS CONFIDENTIAL AND MUST NOT BE RELEASED, PUBLISHED, TRANSMITTED OR DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY JURISDICTION WHERE SUCH DISTRIBUTION IS UNLAWFUL. This presentation