Ddef

In: Business and Management

Submitted By monicaa
Words 1275
Pages 6
Manufacturing footprint, outsourcing and cost out by Jean-Marc Lechêne, COO

Agenda

1. Personal background
2. New Manufacturing and Global Sourcing setup in place
3. Key priorities and achievements

2

Vestas’ capital markets day 2012

Introducing your speaker
Jean-Marc Lechêne



Executive Vice President of Manufacturing and
Global Sourcing (COO).



Member of Vestas’ Executive Management team. •

Joined Vestas in July 2012.



MBA from INSEAD and Master’s degree from
École des Mines de Paris.



15 years of experience managing multi billion business units with Lafarge and Michelin in
China, North America and Europe.



Live in Denmark with my wife.

3

Vestas’ capital markets day 2012

What I bring to the table
Past experience

Today´s challenges



Major cost reduction and restructuring programs in global companies. •

Implementing a lean, flexible and asset light production setup without compromising safety and quality.



General management in process and manufacturing industries.



Eliminating unnecessary costs and complexity out of products and the whole value chain.



Strategist and doer: Delivering change to the bottom line.



Reinforcing the alignment between
Sales, R&D, Manufacturing,
Sourcing and Service.

4

Vestas’ capital markets day 2012

Key priorities
Shipment from factories
GW

1. 5 GW shipment run rate in 2013

6.3

2. Product cost out

-21%

5.0

3. Identification of outsourcing opportunities
4. Global sourcing

2012E

5

Vestas’ capital markets day 2012

2013E

New Manufacturing and Global Sourcing setup in place
A streamlined organisation

Manufacturing and
Global Sourcing

Global Sourcing

Quality

Supply Chain

Finance

PEX

People & Culture

Blades

6

Vestas’ capital markets day 2012…...

Similar Documents

Fama and French 1993

...an overall story for the common variation in returns. 1. I. Bond-market fktors Table 3 shows that, used alone as the explanatory variables in the time-series regressions, TERM and DEF capture common variation in stock and bond returns. The 25 stock portfolios produce slopes on TERM that are all more than five standard errors above 0; the smallest TER.Cf slope for the seven bond portfolios is 18 standard errors from 0. The slopes on DEF are all more than 7.8 standard errors from 0 for bonds, and more than 3.5 standard errors from 0 for stocks. Table Regressions 3 returns. TER.\/ and of excess stock and bond returns (in percent) on the bond-market DEf: July 1963 to December 1991. 342 months.” R(t) - RF(t) = a + mTERJf(t) + dDEF(r) formed -t e(t) Dependent variable: Excess returns on 25 stock portfolios equity on size and book-to-market Book-to-market Size quintile Low 2 3 m Small 2 3 4 Big 0.93 0.99 0.99 0.92 0.82 0.90 0.96 0.94 0.95 0.82 0.89 0.99 0.94 0.97 0.80 d Small z 3 4 Big 1.39 1.26 1.21 0.96 0.78 1.31 1.28 1.19 1.01 0.73 1.33 1.35 1.45 1.38 1.24 1.21 0.83 0.86 1.01 0.95 1.05 0.80 4 equity (BE, ME) qumtiles High Low 2 3 r(m) 0.89 0.98 0.99 1.03 0.77 5.02 5.71 6.25 6.58 7.14 5.50 6.32 7.10 7.57 7.60 5.95 7.29 7.80 a.53 8.09 rid) 1.X 1.41 1.21 1.22 0.89 3.96 3.84 4.05 3.65 3.59 4.27 4.47 4.74 1.28 3.60 4.73 5.28 5-19 5.25 4.18 SW 5.45 6.05 5.89 5.89 4.56 6.08 8.3-t 8.50 9.64 8.26 6.0 1 6.92 7.60 7.83 6.84 -_ 5.45 5.29 4.98 4.91 4.15......

Words: 16818 - Pages: 68

Swqeq

...an overall story for the common variation in returns. 1. I. Bond-market fktors Table 3 shows that, used alone as the explanatory variables in the time-series regressions, TERM and DEF capture common variation in stock and bond returns. The 25 stock portfolios produce slopes on TERM that are all more than five standard errors above 0; the smallest TER.Cf slope for the seven bond portfolios is 18 standard errors from 0. The slopes on DEF are all more than 7.8 standard errors from 0 for bonds, and more than 3.5 standard errors from 0 for stocks. Table Regressions 3 returns. TER.\/ and of excess stock and bond returns (in percent) on the bond-market DEf: July 1963 to December 1991. 342 months.” R(t) - RF(t) = a + mTERJf(t) + dDEF(r) formed -t e(t) Dependent variable: Excess returns on 25 stock portfolios equity on size and book-to-market Book-to-market Size quintile Low 2 3 m Small 2 3 4 Big 0.93 0.99 0.99 0.92 0.82 0.90 0.96 0.94 0.95 0.82 0.89 0.99 0.94 0.97 0.80 d Small z 3 4 Big 1.39 1.26 1.21 0.96 0.78 1.31 1.28 1.19 1.01 0.73 1.33 1.35 1.45 1.38 1.24 1.21 0.83 0.86 1.01 0.95 1.05 0.80 4 equity (BE, ME) qumtiles High Low 2 3 r(m) 0.89 0.98 0.99 1.03 0.77 5.02 5.71 6.25 6.58 7.14 5.50 6.32 7.10 7.57 7.60 5.95 7.29 7.80 a.53 8.09 rid) 1.X 1.41 1.21 1.22 0.89 3.96 3.84 4.05 3.65 3.59 4.27 4.47 4.74 1.28 3.60 4.73 5.28 5-19 5.25 4.18 SW 5.45 6.05 5.89 5.89 4.56 6.08 8.3-t 8.50 9.64 8.26 6.0 1 6.92 7.60 7.83 6.84 -_ 5.45 5.29 4.98 4.91 4.15......

Words: 16818 - Pages: 68

Essay

... Maths In Focus Mathematics Extension 1 Preliminary Course Exercises 4.3 1. (a) x = 60c (b) y = 36c (c) m = 71c (e) x = 30c (f) x = 20c (g) x = 67c (d) x = 37c (h) a = 73c 10. +OQP = 180 - ] 75 + 73 g (angle sum of triangle) = 32c ` +MNO = +OQP = 32c These are equal alternate angles. (i) a = 75c , b = 27c , c = 46c ` MN ; QP (j) a = 36c , b = 126c , c = 23c (k) x = 67c , y = z = 59c , w = 121c 2. Exercises 4.4 All angles are equal. Let them be x. (angle sum of D) Then x + x + x = 180 3x = 180 x = 60 1. (a) Yes 4. (given) (given) So all angles in an equilateral triangle are 60c. 3. AB = EF = 5cm BC = DF = 6 cm AC = DE = 8 cm (given) ] 90 - x g c ` D ABC / DDEF (SSS) (b)Yes (vertically opposite angles) +ACB = 50c +ABC = 180c - (50c + 45c) (angle sum of D) = 85c ` +DEC = +ABC = 85c These are equal alternate angles. XY = BC = 4.7 m (given) +XYZ = +BCA = 110c (given) 5. YZ = AC = 2.3 m (given) ` AB < DE ` D XYZ / DABC (SAS) +ACB = 180c - 124c = 56c +CBA + 68c = 124c +CBA = 124c - 68c = 56c ` +CBA = +ACB = 56c ` D ABC is isosceles (c) No 6. (a) x = 64c (d) Yes (exterior angle of D) +PQR = +SUT = 49c +PRQ = +STU = 52c (b) x = 64c , y = 57c +HJI = 180c - (35c + 25c) = 120c +IJL = 180c - 120c = 60c +JIL = 180c - (90c + 30c) = 60c +ILJ = 180 - (60c + 60c) = 60c 2. (angle sum of D HJI) (angle sum of D IKL) (angle......

Words: 45070 - Pages: 181

Fama French Work

...an overall story for the common variation in returns. 1. I. Bond-market fktors Table 3 shows that, used alone as the explanatory variables in the time-series regressions, TERM and DEF capture common variation in stock and bond returns. The 25 stock portfolios produce slopes on TERM that are all more than five standard errors above 0; the smallest TER.Cf slope for the seven bond portfolios is 18 standard errors from 0. The slopes on DEF are all more than 7.8 standard errors from 0 for bonds, and more than 3.5 standard errors from 0 for stocks. Table Regressions 3 returns. TER.\/ and of excess stock and bond returns (in percent) on the bond-market DEf: July 1963 to December 1991. 342 months.” R(t) - RF(t) = a + mTERJf(t) + dDEF(r) formed -t e(t) Dependent variable: Excess returns on 25 stock portfolios equity on size and book-to-market Book-to-market Size quintile Low 2 3 m Small 2 3 4 Big 0.93 0.99 0.99 0.92 0.82 0.90 0.96 0.94 0.95 0.82 0.89 0.99 0.94 0.97 0.80 d Small z 3 4 Big 1.39 1.26 1.21 0.96 0.78 1.31 1.28 1.19 1.01 0.73 1.33 1.35 1.45 1.38 1.24 1.21 0.83 0.86 1.01 0.95 1.05 0.80 4 equity (BE, ME) qumtiles High Low 2 3 r(m) 0.89 0.98 0.99 1.03 0.77 5.02 5.71 6.25 6.58 7.14 5.50 6.32 7.10 7.57 7.60 5.95 7.29 7.80 a.53 8.09 rid) 1.X 1.41 1.21 1.22 0.89 3.96 3.84 4.05 3.65 3.59 4.27 4.47 4.74 1.28 3.60 4.73 5.28 5-19 5.25 4.18 SW 5.45 6.05 5.89 5.89 4.56 6.08 8.3-t 8.50 9.64 8.26 6.0 1 6.92 7.60 7.83 6.84 -_ 5.45 5.29 4.98 4.91 4.15......

Words: 16818 - Pages: 68

1x78 Dragon Ball Super | Arlo Pro - 3 Camera System, Work with... | Chaussures à talons