Corporate

Helmuth Ludwig on Productivity

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.

Dora Smith

Dora Smith is the senior director of the global academic program for Siemens PLM Software. The program empowers the next generation of digital talent through project-based learning, STEM competitions and industrial strength software and curriculum to support students and academic institutions worldwide.

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