Creating a globally competitive industry GE Healthcare-Lindesnes Ian Dale, General Manager, Global Supply Chain Life Science – Core Imaging General Electric Healthcare Global Outlook, Arendal Norway, August 17th 2015 Norway is well positioned to compete World Economic Forum • Education / Competence Global Competiveness Index (relevant for Industry) and generally high technology acceptance • Geopolitical stability (e.g. low strike frequency) • Predictable financial conditions (e.g. stable and not too strong NOK and competitive tax levels) • Local company cultures Collegial spirit based on social equality and high employer loyalty • Culture to hunt productivity Based on high willingness to support change, supported by high social security. http://reports.weforum.org/global-competitiveness-report-2014-2015/the-measurement-of-sustainable-competitiveness/ Winning culture…sometimes the margins are small GE 2014 form 10k This is GE Industrial (GE – GE Capital) Fast Facts GE Healthcare GE 2014 form 10k Footprint Moving Powering Curing Building Major Nordic locations General Electric in the Nordic Region GE has been active in the Nordic region for 50 years. 6,000 employees Revenue $2.3B (2013) Exports of $2.9B (2013) CoE CoE CoE CoE CoE GE Healthcare Life Science Our vision & mission is to accelerate molecular & precision medicine … enable precise clinical decisions We by providing advanced in-vivo & in-vitro diagnostics … drive end-to-end We customer productivity & capacity in global biopharmaceutical manufacturing Precision Diagnostics We empower researchers with innovative tools & analytics for protein, genetic & cellbased research & development Regenerative medicine We create the future of regenerative medicine & cell therapy with customers by providing novel technologies & methods Life Sciences Core Imaging Imaging Agent Portfolio Contrast Media X-Ray/CT MRI Molecular-Imaging SPECT SPECT Molecular-Imaging PET Targeted SPECT PET * Ultrasound Targeted SPECT Contrast Media Supply Chain Production Process Flow Primary Chemical API Production Lindesnes (1974) Distribution Secondary Production (Pharmaceutical) Cork (1993) Raw Materials Synthesis Purification Drug Substance Shanghai (1994) Oslo (1917) GE Distribution Centers Wholesaler / Dealer Drug Substance Water Excipients Hospital Mix Filtration Sterilization Label & Packaging Patient Let’s get back to winning Creating a globally competitive industry …..Is the Global Supply Chain a Competitive Advantage? …..or just a cost? Understand Reality…. Need to look in the mirror to evaluate 13 Understand Reality…. Look in the mirror…. Do we need to improve and what needs to change to compete globally? 15 Understand Reality…. Look in the mirror How can we improve? Are we beating the competition? ....its a global game To Compete Globally from Lindesnes • As well as looking at how we compare to the competition • Use a suite of tools and GE processes • • • • • • • • • Operational Excellence (lean 6 & sigma) Frameworks and best practices EHS/maintenance/materials/quality Focus on Reducing Waste/Energy Cycle time reduction Capacity/efficiency Operating mechanisms & closed loop mgmt Brilliant factory approach Utilise networks eg Eyde Create a Purpose • • Ecomagination…….50% less energy by 2005-2015 Healthymagination……at work for a healthier world GE Healthcare Lindesnes – An Industrial Adventure 1974 - The Worlds largest producer of drug substances for Contrast Agents , 30% of X-ray world market. - Products are injected into 2 patients every single second (~170 000 per day !) GE Healthcare Manufacturing Landscape Plants 80 Plants 3 Categories System Assembly Component MFG Chemical Process 45 20 15 The GE Brilliant Factory Approach Machine and Line Optimization Factory Optimization Machine Health Data Quality Yield Visualization Productivity Control Fulfillment Optimization Supply Chain Optimization Foundational Elements (Level 0) Central data store – Data Warehouse and/or Data Lake Operational Excellence @Lindesnes …….Delivering Results ……world leading cost of goods ……key competitive advantage by GEHC Mfg Cost vs Competition Fill & finish API GE Branded Competitor Generic Competitive Ambition + Culture of Productivity + Sense of Unease +Sense of Purpose =Competitiveness Thanks for listening …and don’t be afraid to look in the mirror 23
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