COVER STORY

Our strategy
for 2022

Speed up and simplify our processes to reduce lead times.

Driven by high performance teams with excellent people.

Understanding and managing our markets and customers will drive our business and innovations.

Hunting for business opportunities and lead market share.

Be brave, take initiative, take responsibility. That could also be the headline on this page. Because without employees who are convinced of a company’s goals and who want to take responsibility, even the best strategy is useless. That is why “people” will be anchored even more deeply within our strategy. For 2022 and beyond, our joint alignment will be based above all on three pillars: Growth, Efficiency and People.

OUR GOAL

The goal always remains the same for us: “Back to the Top”. That is how we have already proclaimed it in 2019. We want to return to the top of the best suppliers – in the automotive industry and beyond. This year and last year, we suffered some tough setbacks due to the COVID pandemic. Nevertheless, many initiatives and projects are helping us to move closer to our goal every day – driven by employees at all levels. The three most important components of our strategy are:

GROWTH

Growth includes both, new innovations and the successful distribution of our products in new markets and to new customers. We want to know our customers’ needs as best possible and develop new technologies based on this. As many fasteners for the combustion engine no longer have a long-term future, the e-mobility sector in particular is an important growth area for all KAMAX regions. There are already many successes in this field [Taking roots]. In Europe, the Technology team is also driving innovations for markets outside of the vehicle business.

EFFICIENCY

Recapped, efficiency means simplifying and accelerating all our processes in order to shorten the throughput time of our products from delivery of the wire to collection by the customer. For example, our machine operators should spend less time setting up, our plants should no longer compete with each other, and we want to optimize our tools. The most important efficiency projects are PPA and OPEX. PPA involves the specialization of all European plants on different products. This initiative is extremely important and it is the reason why many machines are currently being relocated between the locations [One of the biggest KAMAX projects …].

People

In the end, we all are the ones who develop and implement all the ideas, projects and initiatives. The strategy can only work if there are motivated employees, teams and plants hungry for success to drive it. To encourage this, the goal is to communicate better, make employees more accountable, and celebrate those who perform exceptionally well [The KAMAX Awards 2021].

How do you like this article?

KXpress · 2021 | 02