Universal Registration Document 2019

125 LISI 2019 UNIVERSAL REGISTRATION DOCUMENT Corporate Social Responsibility 4 These tools improve the quality of products based on one of the key principles of this program “doing it right the first time.” Manufacturing time is also improved by the SMED (Single Method Exchange Die) tool which optimizes the amount of time for changes in series to reduce the size of lots and thus improves the flexibility of production tools. The LISA project management tool reviews customer requirements through standardizedmilestones. These stages are essential before any manufacturing can begin. 8  /  Committing to a responsible supply chain 8.1  /  Purchasing policy and supplier charter LISI has implemented a purchasing policy that sets the fundamental principles and practices to be followed in this area. LISI emphasizes the importance of taking into account a supplier’s commitment to corporate social responsibility in the selection process. Drafted in 2018, the LISI supplier charter is provided to all its suppliers: i.e. over 10,000 partners. LISI reminds these partners of the importance of complying with the principles of ISO 14001 and OHSAS 18001, reducing their environmental footprint, designing eco-friendly products, developing human potential and complying with regulations regarding “Conflict Minerals.” 8.2  /  Purchasing governance In compliance with its values, LISI has long built ethical and CSR criteria into its supplier selection process. The project for the transformation of purchasing currently being rolled out at LISI also encompasses two additional stages focused on two key priorities: ■ improving the performance of purchases, ■ incorporating into the purchasing organization and process, the necessary functions and tools to enable the Group to more precisely measure the non-financial risk posed by each supplier and the potential consequences for the company. This rollout is fully aligned with the Group’s CSR work and the 2020 and 2023 objectives linked to securing our supply chain. LISI Group target organization DIVISION LISI MEDICAL LISI AUTOMOTIVE LISI AEROSPACE GROUP PURCHASING COORDINATION • • • • • • • • Creation of a zone coordination for the American sites 1 people Plant Procurement manager/buyer PD Plant Procurement manager/buyer PD Plant Procurement manager/buyer PD Purchasing & industrial Director 0.25 people (tbc) Purchasing Director 1 people Purchasing Director 1 people Purchasing Coordination 1 people Deputy Purchasing Director 0.5 people Lead Buyers 12.75 people Lead Buyers 4.75 people Supplier Performance Management 3 people Supplier Performance Management Supplier Performance Management 2 people Methods, Tools and Performance Méthodes, Outils et Performances 3 people 1 people ZONE PLANT 1 people Lead Buyers : new scope with responsibilities at Group level / Deployment between 2020 and 2021 Supplier Performance management developed within the divisions Group Purchasing Coordination manager Reinforcement of Group Purchasing coordination for: Pilot TOP project deployment across the group Animate and coordinate the function Reporting to the Industrial and Group Purchasing Director Site purchasing guarantees the deployment of the purchasing strategies/agreements developed by the leadbuyers. Site Purchasing manages site-specific purchases site purchasing reports hierarchically to the plant managers and functionally to the purchasing coordination of their zone (coordination of the purchasing community, relaying leadbuyers in their zone, responsible for the purchasing performance of their zone) NAR Purchasing coordination New purchasing organization