You are on page 1of 9

Profile: Gentex Corporation

2017
Dale J. Raar Manufacturing & Supply Chain Business Analyst

Confidential | 2017 Gentex Corporation


Safe Harbor
Safe Harbor for Forward-Looking Statements
This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. The statements contained in this communication that are not purely historical are forward-looking
statements. Forward-looking statements give the Companys current expectations or forecasts of future events. These forward-
looking statements generally can be identified by the use of words such as anticipate, believe, could, estimate, expect,
fore- cast, goal, hope, may, plan, project, will, and variations of such words and similar expressions. Such statements
are subject to risks and uncertainties that are often difficult to predict and beyond the Companys control, and could cause the
Companys results to differ materially from those described. These risks and uncertainties include, without limitation, changes in
general industry or regional market conditions; changes in consumer and customer preferences for our products; our ability to be
awarded new business; continued uncertainty in pricing negotiations with customers; loss of business from increased competition;
customer bankruptcies or divestiture of customer brands; fluctuation in vehicle production schedules; changes in product mix; raw
material shortages; higher raw material, fuel, energy and other costs; unfavorable fluctuations in currencies or interest rates in the
regions in which we operate; costs or difficulties related to the integration of any new or acquired technologies and businesses;
changes in regulatory conditions; warranty and recall claims and other litigation and customer reactions thereto; possible adverse
results of pending or future litigation or infringement claims; negative impact of any governmental investigations and associated
litigations including securities litigations relating to the conduct of our business. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to
publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except
as required by law or the rules of the Nasdaq Global Select Market. Accordingly, any forward-looking statement should be read in
conjunction with the additional information about risks and uncertainties identified under the heading Risk Factors in the
Companys latest Form 10-K and Form 10-Q filed with the SEC.

Confidential | 2017 Gentex Corporation 2


What is Gentex Corporation?
Electro-Optical Products

Electro-optical products for automotive, aerospace and fire protection


markets
Best known for turning the mirror into a sophisticated electronic module
for enhanced rear vision and the custom delivery of emerging
automotive technology Aerospace
Electronically
Primary Market Dimmable Windows
Automotive Electronics (EDWs)

Fire Protection
Smoke detectors and
signaling devices

Confidential | 2017 Gentex Corporation 3


Gentex Corporation - Overview
Fast Facts

Revenues (in millions)


2,000
Established: 1974
Ownership: GNTX NASDQ Global Select Market 1,500
Operations:
1,000
Headquarters & Manufacturing - Zeeland, MI
Sales & Logistics England, France, Sweden, Germany, Japan, 500
Korea, China
Products: 0

2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
Automotive Automatic-Dimming Rearview Mirrors
Automotive Electronics
EC Mirror Unit Shipments
Dimmable Aircraft Windows 40,000,000
Fire Protection Devices
30,000,000
Employees: 5,000
Sales (2016): $1.68 billion 20,000,000
Mirrors Shipped (2016): 36 million 10,000,000
Forecast 2017: $1.78-$1.85 billion
0

2010
2002
2003
2004
2005
2006
2007
2008
2009

2011
2012
2013
2014
2015
2016
Confidential | 2017 Gentex Corporation 4
Core Competencies
Vertically Integrated to Control Quality and Leverage Innovation

Electronics

Microelectronics

Engineering

Chemistry and Coatings

Automated Assembly

Software Design

Microphone Development

Displays

Glass Processing

Vision Systems & Cameras

Confidential | 2017 Gentex Corporation 5


Gentex Headquarters Zeeland, MI USA

Confidential | 2017 Gentex Corporation 6


Oracle Footprint

Current
12.2.4.1 Source (Full Suite OM/RLM, INV, PUR, FIN, ENG, WMS)
12.2.5.2 - APCC
12.2.5.2 ASCP
12.2.5 Build C612 - PS
12.2.4.1 - FLOW
SCOM, MFG, INV & Custom OBIA
Evaluating
ASCP 12.2.6.1 with 12C database - Evaluation
IO Evaluation

Confidential | 2017 Gentex Corporation 7


Wins vs. Opportunities
WINS since 2011 Opportunities
Improved Customer Service - Upper 4th Quartile Plan Size, Accuracy, and Frequency
Performance Plan performance / run time
Improved Responsiveness Reduced FG globally Adoption usage through the Gentex Value
while improving service levels (Internally and Stream
Externally) Vertical integration causes High PAB and logical
reflection of demand/supply plan thru the
Scheduling - Improved Value Stream
2011 Scheduled by pull Better usage of Constraints
2015 Discrete with PS & rapid ASCP plans Running multiple constrained plans in a day
Weekly planning horizon to a rolling daily plan Improved Scheduling Visualization
horizon
Systematic standard scheduling Cause and effect impacts in the vertical value
stream plan to plan
Optimize resources and changeovers
Better offloading to alternate lines
Where best to place buffer stock in value
stream to absorb nervousness and mitigate
Different usage rates based on line
risk
Visualization - Improved Overall data and quality to effectively develop
BI, Custom Reports, MES, and MAST Dashboard a plan through all levels of the value stream
Overall - Improved
Data Quality Calendars, Usage Rates, Inventory, job
sizes

Confidential | 2017 Gentex Corporation 8


Thank you!

Confidential | 2017 Gentex Corporation 9

You might also like