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TriMas Announces Winner of Its Annual Kaizen Challenge

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TriMas (NASDAQ: TRS) has announced the winner of its 2024 TriMas Kaizen Challenge. Allfast Fastening Systems, part of TriMas Aerospace in California, won with a project focused on improving aerospace customers' quoting experiences through streamlined ordering processes and a new interactive customer portal. The annual enterprise-wide competition, running for seven years, has received over 210 projects from 27 locations across 10 countries. The winning team used value stream mapping to reduce quote lead-time and enhance customer service. Additional finalists included facilities from TriMas Packaging in Ohio and Mexico, TriMas Life Sciences in Colorado, and TriMas Aerospace in California.

TriMas (NASDAQ: TRS) ha annunciato il vincitore del suo TriMas Kaizen Challenge 2024. Allfast Fastening Systems, parte di TriMas Aerospace in California, ha vinto con un progetto incentrato sul miglioramento delle esperienze di preventivo dei clienti nel settore aerospaziale, attraverso processi di ordinazione semplificati e un nuovo portale interattivo per i clienti. La competizione annuale, attiva da sette anni, ha ricevuto oltre 210 progetti da 27 sedi in 10 paesi. Il team vincitore ha utilizzato la mappatura del flusso di valore per ridurre i tempi di attesa per i preventivi e migliorare il servizio clienti. Tra i finalisti aggiuntivi c'erano strutture di TriMas Packaging in Ohio e Messico, TriMas Life Sciences in Colorado, e TriMas Aerospace in California.

TriMas (NASDAQ: TRS) ha anunciado al ganador de su TriMas Kaizen Challenge 2024. Allfast Fastening Systems, parte de TriMas Aerospace en California, ganó con un proyecto centrado en mejorar la experiencia de cotización de los clientes en la industria aeroespacial mediante procesos de pedido simplificados y un nuevo portal interactivo para clientes. La competencia anual, que se ha llevado a cabo durante siete años, ha recibido más de 210 proyectos de 27 ubicaciones en 10 países. El equipo ganador utilizó mapeo de flujo de valor para reducir el tiempo de entrega de cotizaciones y mejorar el servicio al cliente. Otros finalistas incluyeron instalaciones de TriMas Packaging en Ohio y México, TriMas Life Sciences en Colorado, y TriMas Aerospace en California.

TriMas (NASDAQ: TRS)는 2024년 TriMas Kaizen Challenge의 우승자를 발표했습니다. 캘리포니아에 있는 TriMas Aerospace의 일부인 Allfast Fastening Systems는 간소화된 주문 프로세스와 새로운 인터랙티브 고객 포털을 통한 항공 우주 고객의 견적 경험 개선에 중점을 둔 프로젝트로 우승했습니다. 7년 동안 진행된 이 연례 기업 대회는 10개국 27개 위치에서 210개 이상의 프로젝트를 수령했습니다. 우승 팀은 가치 흐름 맵핑을 사용하여 견적 리드 타임을 줄이고 고객 서비스를 향상시켰습니다. 추가 결선 진출자는 오하이오와 멕시코의 TriMas Packaging, 콜로라도의 TriMas Life Sciences, 그리고 캘리포니아의 TriMas Aerospace 시설이 포함되었습니다.

TriMas (NASDAQ: TRS) a annoncé le gagnant de son TriMas Kaizen Challenge 2024. Allfast Fastening Systems, partie de TriMas Aerospace en Californie, a remporté le prix avec un projet axé sur l'amélioration de l'expérience de devis des clients dans l'aérospatiale, grâce à des processus de commande simplifiés et un nouveau portail client interactif. Ce concours annuel, qui se déroule depuis sept ans, a reçu plus de 210 projets de 27 sites dans 10 pays. L'équipe gagnante a utilisé le mapping de flux de valeur pour réduire les délais de devis et améliorer le service client. Parmi les finalistes supplémentaires figuraient des installations de TriMas Packaging dans l'Ohio et au Mexique, TriMas Life Sciences au Colorado, et TriMas Aerospace en Californie.

TriMas (NASDAQ: TRS) hat die Gewinner des TriMas Kaizen Challenge 2024 bekanntgegeben. Allfast Fastening Systems, ein Teil von TriMas Aerospace in Kalifornien, gewann mit einem Projekt, das sich auf die Verbesserung der Angebotsanfragen von Kunden im Luft- und Raumfahrtbereich konzentriert, durch optimierte Bestellprozesse und ein neues interaktives Kundenportal. Der jährliche Unternehmenswettbewerb, der seit sieben Jahren läuft, hat über 210 Projekte aus 27 Standorten in 10 Ländern erhalten. Das gewinnende Team nutzte die Wertstromanalyse, um die Vorlaufzeit für Angebote zu verkürzen und den Kundenservice zu verbessern. Weitere Finalisten waren Einrichtungen von TriMas Packaging in Ohio und Mexiko, TriMas Life Sciences in Colorado und TriMas Aerospace in Kalifornien.

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Internal Competition Drives the Company’s Continuous Improvement Culture

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced the winner of its 2024 TriMas Kaizen Challenge. The winning project was submitted by a dedicated team at Allfast Fastening Systems, part of the TriMas Aerospace group and based in the City of Industry, California. Allfast’s Kaizen project focused on improving aerospace customers’ quoting experiences by streamlining the ordering process and implementing a new interactive customer portal.

TriMas implemented its annual, enterprise-wide Kaizen Challenge, a core component of its TriMas Business Model, to promote its relentless commitment to continuous improvement. Since its introduction seven years ago, more than 210 of the Company’s top product, process and service-related projects from 27 different locations in 10 countries have been submitted to its internal competition. Each year, the Company evaluates its most impactful Kaizen projects, selecting winning teams based on specific criteria that include positive and sustainable impacts on performance, along with a demonstrated use of employee engagement and Kaizen tools.

“This year, we received a record number of submissions for the 2024 TriMas Kaizen Challenge, each demonstrating an exceptional level of employee engagement and quality,” stated Thomas Amato, TriMas President and Chief Executive Officer. “I want to thank all of our project teams worldwide for their unwavering dedication to using the tools of Kaizen to improve. Embracing a culture of Kaizen continues to remain a cornerstone of TriMas, empowering our employees to drive improvements in our processes, products and customer service.”

Allfast Fastening Systems’ project was a cross-functional team effort, culminating in the presentation delivered by Dale Carruthers, Vice President of Sales and Marketing. The team focused on improving its customers’ quoting experience, including the ordering process, while reducing waste in process steps. Using value stream mapping, the team was able to reduce the quote lead-time, provide real-time information, enhance consistency and improve customer service.

The following locations were also named Finalists in the 2024 TriMas Kaizen Challenge:

  • TriMas Packaging group: New Albany, Ohio, and San Miguel de Allende, Mexico
  • TriMas Life Sciences group: Denver, Colorado
  • TriMas Aerospace group: Simi Valley, California

"Congratulations once again to our 2024 Kaizen Challenge winner, top finalists and all participating teams. I look forward to another year of our leadership driving a culture of continuous improvement across our businesses," concluded Amato.

About TriMas

TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,400 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimas.com.

Sherry Lauderback

VP, Investor Relations & Communications

(248) 631-5506

Sherry.lauderback@trimas.com

Source: TriMas

FAQ

Who won the 2024 TriMas (TRS) Kaizen Challenge?

Allfast Fastening Systems, part of TriMas Aerospace based in City of Industry, California, won the 2024 TriMas Kaizen Challenge with their project on improving aerospace customer quoting experiences.

How many projects have been submitted to the TriMas (TRS) Kaizen Challenge since its inception?

Over 210 product, process, and service-related projects from 27 different locations in 10 countries have been submitted since the challenge began seven years ago.

What improvements did the winning Kaizen project achieve for TriMas (TRS)?

The winning project streamlined the ordering process, implemented a new interactive customer portal, reduced quote lead-time, provided real-time information, and enhanced consistency in customer service.

Which TriMas (TRS) facilities were named finalists in the 2024 Kaizen Challenge?

Finalists included TriMas Packaging in New Albany, Ohio and San Miguel de Allende, Mexico; TriMas Life Sciences in Denver, Colorado; and TriMas Aerospace in Simi Valley, California.

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