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/avient-announces-commencement-725-million-senior-notes-offering
DSM Protective Materials International B.V.
https://www.avient.com/investor-center/news/avient-announces-pricing-725-million-7125-senior-notes-due-2030
DSM Protective Materials International B.V.
https://www.avient.com/products/engineered-polymer-formulations/chemical-corrosion-resistant-formulations/edgetek-pke-polyketone-formulations
Internally Lubricated Formulations: LubriOne™
https://www.avient.com/company/policies-and-governance/it-systems-use-policy
Employees found to have violated this policy will be subject to internal disciplinary action by Avient in appropriate cases, up to and including immediate termination of employment.
https://www.avient.com/industries/consumer/consumer-discretionary/home-household/consumer-electronic-accessories
LubriOne™ Internally Lubricated Formulations
https://www.avient.com/news/plastics-and-rubber-thailand-2024-include-avients-showcase-specialty-and-sustainable-materials
This event is one of the leading trade shows for plastics and rubber and will be held at the Bangkok International Trade & Exhibition Center (BITEC) in Thailand from today until May 18.
https://www.avient.com/news/avient-highlight-achievements-global-growth-latest-innovations-plastindia-2023
PlastIndia has grown into a global experience, covering the entire gamut of plastics producers, processors, and users of plastics, and it witnesses intense participation by both the Indian and International Plastics Fraternity.
https://www.avient.com/news/specialty-and-sustainable-healthcare-material-solutions-avient-medtec-china-2023
Avient will exhibit at Medtec China 2023 at the Suzhou International Expo Center in Hall C1, Stand V402, on June 1-3, 2023.
https://www.avient.com/products/long-fiber-technology/complet-pke-formulations
Internally Lubricated Formulations: LubriOne™