Also today, Dr. Helmuth Ludwig, our president, shared his thoughts on productivity in this economy. He discussed key drivers of optimization:
- Reducing cost
- Increasing productivity
- Increasing quality
- Removing waste and non-value processes
- 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.