-- To achieve a minimum €4.3 billion annual synergy goal,
the Alliance is implementing convergence plans in four key
areas: Engineering, Manufacturing & Supply Chain Management,
Purchasing, and Human Resources.
-- Converged business functions become official 1 April and are
expected to have an immediate positive effect on operational
-- Newly appointed Alliance Executive Vice Presidents will take
charge of increasing integration in each function.
AMSTERDAM, March 17, 2014 /CNW/ - The Renault-Nissan Alliance today announced
it will begin implementing convergence initiatives in four key operational
areas starting 1 April, with the goal of achieving at least €4.3 billion in
annualized synergies by 2016.
(Logo: http://photos.prnewswire.com/prnh/20140130/666713-a )
Management teams and the boards of Renault and Nissan finalized the
convergence plans following consultations with employee representatives. The
Alliance initially launched convergence study projects in late January in four
key areas: Engineering, Manufacturing & Supply Chain Management, Purchasing,
and Human Resources.
Under the plan, these functions will be jointly managed by Renault and Nissan,
with a newly appointed Alliance Executive Vice President leading each
function, and a new management committee to oversee implementation.
"Convergence within these four key business functions will result in an
immediate increase in efficiency and leverage our size to achieve competitive
economies of scale," said Renault-Nissan Chairman and CEO Carlos Ghosn. "The
synergies will then enable us to deliver higher-value vehicles to customers
and stay at the leading edge of innovation."
Four Converged Alliance Functions with New Leaders
-- Engineering: Renault and Nissan will combine Common Module
Family engineering, advanced research, powertrain development
(including electric vehicles), systems engineering and testing
facilities and services. Tsuyoshi Yamaguchi, Alliance Director
of Platforms and Parts, is appointed Alliance Executive Vice
President, Alliance Technology Development, for the new
converged Alliance function.
-- Manufacturing Engineering & Supply Chain Management: The new
Alliance converged manufacturing function will cover global
industrial strategy (including sourcing), production process
engineering, production control and supply chain management.
Shohei Kimura, Nissan Corporate Vice President for Vehicle
Production Engineering, is appointed Alliance Executive Vice
President, Manufacturing Engineering and Supply Chain
-- Purchasing: Renault and Nissan have enjoyed an integrated
purchasing organization for more than a decade. But convergence
of major engineering and manufacturing activities will drive
greater purchasing synergies and more economies of scale.
Christian Vandenhende, Managing Director of the Renault-Nissan
Purchasing Organization, is appointed Alliance Executive Vice
President, Alliance Purchasing.
Full release available here:
Bios available here: http://blog.alliance-renault-nissan.com/users/all
SOURCE Renault-Nissan Alliance
MEDIA CONTACT:Mia Nielsen, Renault-Nissan Alliance Communications,
To view this news release in HTML formatting, please use the following URL:
CO: Renault-Nissan Alliance
NI: AUT MNA
-0- Mar/17/2014 10:39 GMT
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