THE FOUR DIMENSIONS OF COMPETITIVENESS
Becoming digital, efficient, sustainable, and resilient all at once is a major challenge for many companies today.
However, the Staufen “Future Industry” study shows that boards and management teams in industry have clearly set their strategic compass. The foundation for a sustainable, change-ready and resilient business is and will remain operational and digital excellence. When set up in this way, a multi-faceted challenge for a company can become a multi-faceted opportunity.
ABOUT THE STUDY
For the “Future Industry” study, Staufen AG surveyed more than 400 industrial companies in Germany, Austria, and Switzerland in the first quarter of 2023.
DIGITALIZATION REMAINS THE NUMBER ONE ISSUE FOR THE INDUSTRY
When it comes to digitalization, it’s no longer a question of if – it’s only a question of how. The majority of companies still answer this question for themselves with measures to increase efficiency.
key-Insights
- Current economic developments continue to drive digitalization.
- Lean Management makes companies efficient and fit for the future.
- One in two companies is still struggling to determine its footprint.
- Four out of ten companies now only award contracts to green suppliers.
- A resilient supply chain network: Digitalizing processes is a priority.
LEAN MANAGEMENT AS A SOLID FOUNDATION
Lean Management is a very effective lever for companies to reduce costs, achieve their own growth goals, and improve their competitive capability in the long run. A cooperative leadership style and goal-oriented communication are indispensable here.
However, many companies are still leaving a lot of lean potential untapped on the road to efficient value creation.
SUPPLY CHAIN NETWORKS WITH POTENTIAL
Since the painful experiences of the past few years of multiple crises, it has become clear that the supply chain networks of the vast majority of companies still have a great deal of efficiency potential. In order to survive in the face of international competition, it is essential to raise the level of communication with customers and suppliers to a new level – for example, with the help of digitalization.
However, many organizations have yet to take full advantage of digital opportunities.
WE LEARN IN THESE CRISES THAT TAKING A LONG LOOK BACK IS NOT VERY SUCCESSFUL. INSTEAD, CHANGE SHOULD BE DRIVEN BY RAPID ADAPTATION.
Michael Glieden
Vice President Production & Supply Chain, SCHOTTEL GmbH
HOLISTIC DESIGN OF END-TO-END PROCESS EXCELLENCE
THE FOUR ELEMENTS LEAN, DIGITAL, GREEN, AND RESILIENCE
The framework provides a sensible regulatory framework that helps companies set the right priorities to remain competitive in the future. The figure introduces our holistic approach to consulting and shows the wide range of topics where and how we can support our customers. The focus is on our mission: excellent processes, excellent leadership, and, as a result, excellent results. The four elements Lean, Digital, Green and Resilient play a central role as both drivers and tools for optimally configured end-to-end processes.
HAVE QUESTIONS? CONTACT US!
We hope that this study will provide you with some valuable ideas on how your company can successfully continue on this path, and we look forward to speaking with you.
Michael Feldmeth
PrincipalSTAUFEN.AG
As an experienced consultant and project manager in the fields of operational excellence and Lean Management, Dr. Michael Feldmeth holds a doctorate in engineering and is a trainer at Staufen Academy. He specializes in mechanical and plant engineering, automotive and vehicle construction, and medical technology. He has extensive expertise in plant development, factory design and in optimizing direct and indirect business processes.
Michael has experience of restructuring in the areas of production (manufacturing and assembly), logistics and order fulfillment, practical Shop Floor experience and a sound technical understanding of production processes.