LensCrafters 2005 Annual Report Download - page 23
Download and view the complete annual report
Please find page 23 of the 2005 LensCrafters annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13 -
14 -
15 -
16 -
17 -
18 -
19 -
20 -
21 -
22 -
23 -
24 -
25 -
26 -
27 -
28 -
29 -
30 -
31 -
32 -
33 -
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
 |
 |
> 22 | ANNUAL REPORT 2005
The drive to improve production flexibility and management efficiency continued in 2005 to offset
increases in working capital despite constant growth of production capacity and without compromising
the service excellence that has always been a Group hallmark. In particular, the engineering department
and its workshops were strengthened to stay abreast of an increasingly dynamic market and the
resulting shortening of the average life cycle of models, Measures were also taken to achieve closer
coordination between the engineering and product departments. The new sampling unit, which came
into service in June 2005, has a staff of 120 and is managed by engineering department. By the end of
2006 it will have to produce new samples as well as making and testing all the production equipment
for new models. These activities are continuously improving the Group’s capacity to plan new collection
launches. Precise knowledge of the engineering department’s capacity to make new models for each
season enables the product development department to more effectively organize its own study,
choosing and launching of new collections.
Research and development of processes and materials continued. A team of engineers was set up to
work on a series of new projects in collaboration with major Italian universities.
Regarding processes, research efforts focused on the automation of certain key production phases,
already in place by year end, and on new technology machinery delivering improved quality, process
consistency and reduction of waste.
On the materials front, research activities addressed the application of nanotechnology to metal and
polymer surface finishing processes. Other activities centered on processes to improve the mechanical
and aesthetic characteristics of products and research into new materials as alternatives to those
normally used.
.