https://www.avient.com/news/keep-deep-colors-vivid-outdoor-environments-geon-bold-vinyl-solutions
Outdoor living spaces are especially popular, and consumer tastes lean toward dark, rustic colors.
https://www.avient.com/industries/transportation/automotive/automotive-electronics
With every vehicle, you have less room to fit more electronic components – lean on us to help you choose materials and design parts that optimize space
https://www.avient.com/company/sustainability/people/training-and-development
Our Lean Six Sigma programs increase LSS technical skills, focus on leadership and change management competencies, and provide visible assignments to implement sustainable solutions for Avient.
https://www.avient.com/news/gobie®-h2o-boosts-competitive-advantage-filtered-water-bottle-polyone
The company was featured on Shark Tank and received the award for "Lean, Green and Mean Startup” at San Diego Entrepreneur Day.
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/investor-center/news/polyone-announces-leadership-appointments
since 2015 and has successfully led the company's EH&S, Operations, Sourcing, Logistics and Lean Six Sigma efforts.
https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_John Midea.pdf
Midea joined Avient in February 2015 and leads the company’s award-winning global
operational excellence initiatives, including manufacturing process improvement,
environmental health and safety, global sourcing and logistics, Lean Six Sigma training and
deployment, and acquisition integration.
https://www.avient.com/sites/default/files/2022-07/Versaflex-coffee machine seal-Application snapshot.pdf
AVIENT SOLUTION
BONDING + SEALING PERFORMANCE
LEAN MORE
Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2020-07/johnmidea_0.pdf
Midea joined Avient in February 2015 and leads the company’s award-winning global
operational excellence initiatives, including manufacturing process improvement,
environmental health and safety, global sourcing and logistics, Lean Six Sigma training and
deployment, and acquisition integration.
https://www.avient.com/sites/default/files/2024-10/Mike Irwin Bio - 2024.pdf
A cerfitied Lean Six Sigma Black Belt, Mr.