Posts Tagged Value Creation
BDI demands stronger research support for businesses
May 14th, 2012 | Thema: News
The Bundesverband der Deutschen Industrie (BDI, or Federation of German Industry) is demanding stronger support for innovations in companies from the public authorities in Europe. The proportion of European research support for companies had fallen for years, according to the BDI. German industry therefore welcomed the target of the EU Commission to strengthen competitiveness in Europe with the new EU framework programme “Horizon 2020 Innovations in Europe”.
The Federation is linking this appeal with the publication of the BDI study “Germany 2030 – Future perspectives for value creation”. This comes to the conclusion that in the upcoming decades abrupt changes in the economic environment and particularly in new technologies and also the political framework will increase. BDI experts assume that companies will form alliances and cross sector cooperation agreements to co-design change through innovations. According to the BDI the “Horizon 2020” programme had to reverse the trend while European support for research is falling.
Automotive Lean Production 2011 on 22-23 November in Munich
“Learn from the best!” – that’s the motto of the Automotive Lean Production Awards, presented every year by the trade journal Automobilproduktion in cooperation with Agamus Consult, a subsidiary of the ConMoto Consultung Group. Prizes are awarded to the best performers in the five categories “International SME”, “International Group”, “OEM”, “Excellent Overall System” and “Best Value Creation Chain”. The winners of the prestigious prize are the victors from a field of businesses that have adopted the European benchmark in lean production.
This year the awards ceremony and accompanying congress Automotive Lean Production 2011 is taking place in the BMW World Munich on 22 and 23 November 2011. Dr. Herbert Diess, the BMW member of the board responsible for purchasing and supplier networks, will open the conference. Dr. Shuhei Toyoda, CEO & President Toyota Boshoku Corporation, will speak as the main supplier lecturer.
70 Billion Euro Wastage Due to Maintenance
September 26th, 2011 | Thema: Publications
by Nils Blechschmidt
Companies waste billions due to inefficient maintenance management. Projected onto the direct maintenance costs of 450 billion Euros in all European production plants, a savings potential arises of around 70 billion Euros a year. Alone in Germany 14 billion Euros are spent too much on maintenance every year. This is proved by the current ConMoto study “Value Oriented Maintenance – The strategic dimension of the spanner”. Considering only business assets in production facilities and related machinery, out of all investment goods in Europe, a value of around 9.7 trillion Euros in 2008 is reached. Alone in Germany the equipment replacement value amounted to about 1.9 trillion Euros. Calculating cross sector maintenance cost rate of 4.8 %, direct maintenance costs in European production locations add up to over 4.5 billion Euros per year. This study confirms impressively that quick and sustainable successes are realizable. One of the central cost effectiveness Key Performance Indicators (KPIs), the maintenance cost rate, was on average reduced by 23 % for all projects. Projected onto the influenceable maintenance cost of 300 billion Euros a savings potential of circa 70 billion Euros would arise in Europe. Thus alone in Germany 14 billion Euros are spent too much on maintenance services. And in this, the drastically falling costs of production down-time are not considered. read more [...]
Optimise supply networks with logistics service providers
July 29th, 2011 | Thema: News
by Prof. Dr.-Ing. Andreas R. Voegele
“Forecasts are difficult, especially when they’re about the future” – is a popular one-liner, originally attributed to Mark Twain. Nevertheless: knowledge of future trends and challenges in logistics decisively contributes to companies being able optimally to prepare. This does not involve exact predictions of future developments. Instead, the emphasis is on basing the necessary assessments for all decisions methodically, weighing up risks, recognising opportunities innovatively and deriving a strategic vision for best practice supply network management, which is understood to be a further development of supply chain management.
But what trends can we expect in supply network management over the next few years? In addition to the well known trends, such as global logistics, customer integration, collaboration management (including value creation partnerships), agile/flexible processes and visibility, companies have to adjust to upcoming strategic development trends. These include value based logistics, infrastructure management and financing concepts, network maturity (performance/training, product ramp-up, total cost of ownership), IT integration (logistics IT and telematics solutions) as well as knowledge management and eBusiness. read more [...]
Rising working time at higher productivity
July 11th, 2011 | Thema: News
Macroeconomic working volumes increased by 2.8 per cent in the first quarter of 2011 in comparison with the previous year. This is the result of an investigation by the Institut für Arbeitsmarkt- und Berufsforschung (IAB, or the Institute for Employment Research). In the first quarter of 2011 the labour force produced 364.5 working hours on average, which is 5.1 hours or 1.4 per cent more than one year ago. At the same time the labour force also rose by 1.4 per cent. According to the results of the IAB – a research institute of the German Federal Employment Agency – productivity per working hour rose strongly again for the first time in five years and was 2.3 per cent above the previous year’s value. In total macroeconomic production was 5.2 per cent higher in the first quarter of 2011 than in 2010.
At 38.23 hours per week full time employees’ working time was somewhat higher in the first quarter of 2011 than in the first quarter of 2010. Credits in working hours accounts grew because more paid overtime was worked than in the corresponding quarter in the previous year. The number of workers on short time was only around 300,000 per month on average in the first quarter of 2011 – after 933,000 in the first quarter of the previous year.