Author Helps Kick-Off Delco Remy International's Lean Thinking Initiative
14 September 1999
World-Renowned Author Helps Kick-Off Delco Remy International's Lean Thinking InitiativeANDERSON, Ind., Sept. 14 -- Delco Remy International, Inc. , has brought world-class Lean Thinking to central Indiana. Delco Remy America, a subsidiary of Delco Remy International (DRI), was the site of DRI's launch of Lean Thinking(SM) Initiative. Attending the kick-off as featured guest speaker was world-renowned author of "The Machine That Change The World," James P. Womack, founder and president of the Lean Enterprise Institute(SM.) A two-day workshop using a Lean Manufacturing Technique was conducted by co-author of "Learning to See," Mike Rother, and Rick Harris, president of Harris Lean Systems, in preparation for the completion of their new book to be published by Womack's Lean Enterprise Institute. Attendees included all DRI general managers from DRI national and international units. "Lean Thinking(SM) is a strategy for growth by focusing on customer value. It is revolutionizing industries across the world as global competition intensifies," said DRI Chairman, Harold K. Sperlich. "We have over 35 operations around the country and around the world. To expand successfully, we must use one common approach to running our businesses -- that is, Lean Thinking." Dr. Womack is the crusader for Lean Thinking in North America and co- author of two best sellers on lean enterprise including "The Machine that Changed the World." The Lean Enterprise Institute(SM) is a non-profit educational and research organization formed to advance a set of ideas known as Lean Production and Lean Thinking(SM). In addition, Dr. Womack has had a research affiliation with MIT since 1975 where he studied the Toyota Production System. Lean techniques, pioneered by Toyota, have been successfully implemented by companies such as Harley-Davidson, Pratt Whitney and Dell Computers. "Lean Enterprise is built on two fundamental principles: accelerated value flow and the elimination of waste. The hallmarks of Lean Enterprise are teamwork, communication, and efficient use of resources," said Thomas J. Snyder, president and COO of DRI. "We've completed much of our internal restructuring so to reach the next level of productivity and cost improvement, we will implement Lean Enterprise Thinking across the board." Delco Remy International, Inc., headquartered in Anderson, Indiana (USA), became a public company with an initial public offering of stock in December 1997. The company designs, manufactures, remanufactures and distributes electrical, powertrain/drivetrain and related components for automobiles and light trucks, medium- and heavy-duty trucks and other heavy-duty, off-road vehicles. Products include starter motors, alternators, engines, transmissions, torque converters, fuel systems, and traction control systems. The Company serves the aftermarket and original equipment manufacturer market principally in North America, as well as in Europe, Latin America and Asia Pacific. DRI can be found on the Internet at http://www.delcoremy.com . Statements in this press announcement, which are not historical facts, are forward-looking statements that involve certain risks and uncertainties including, but not limited to risks associated with the uncertainty of future financial results, acquisition, additional financing requirements, development of new products and services, the effect of competitive products or pricing, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.