Corporate

Helmuth Ludwig on Productivity

By Dora Smith

Also today, Dr. Helmuth Ludwig, our president, shared his thoughts on productivity in this economy. He discussed key drivers of optimization:

     
  • Reducing cost
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  • Increasing productivity
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  • Increasing quality
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  • Removing waste and non-value processes
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  • Optimizing product portfolio
 

He also shared some research results on waste from MIT’s Lean Advancement Initiative, where they still find 77% waste and only 12% in value-add activities.

He gave a customer example which happened to be Siemens itself as it looks to increase productivity with an integrated PLM-IT toolset to unify product and production platforms.

His challenge to our customers was to be champions of change in their organizations.

I asked what feedback he has gotten from our customers the past two days and he said he was impressed with the positive feedback on the power in our toolset.

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This article first appeared on the Siemens Digital Industries Software blog at https://blogs.sw.siemens.com/news/helmuth-ludwig-on-productivity/