2. TOWER BACKGROUND Tower Automotive is a leading integrated global manufacturer of engineered structural metal components and assemblies. The company supplies the automotive industry with body-structure stampings, frames and other chassis structures, as well as complex welded assemblies for small and large cars, crossovers, pickups and SUVs. In the early decade of 2000, the company was declared bankrupt. It was bought by an investment fund, the new owners immediately defined Tower’s main problems, those were high inventory levels and low profitability so they started a corporate program in order to improve the company’s performance. The transformation program included 6 Sigma and continuous improvement LVC was hired by Tower in 2008 to support it’s new continuous improvement program and bring fast and sustainable results to the company. For this purpose, LVC has intervened in the following Tower plants : one in Belgium, three in Germany, three in Italy, one in Slovakia, one in Poland, two in Brazil, one in China, one in Korea and the development of a new factory in the US.
3. TOWER OBJECTIVE Stop the leakage of negative profitability and largely reduce the inventory through a Lean Enterprise Transformation in order to provide: Support for the strategy of EBT*combined with inventory reduction and market share growth. * Earningbeforetax
