Introduction of Innovation- & Knowledge Management

COMPANY

  • Automotive TIER1 supplier, global market leader in their domain / business
  • Producer of classical mechanical components in the area of powertrain and chassis

SITUATION & CHALLENGES

  • Company Objective: Establishment of a systematic Innovation- & Knowledge Management System
  • Challenges:
    • No systematic storing of “company know-how
    • Missing Innovation-Processes, -Methods and –Tools
    • Unstructured IP-Processes & Rules
    • Market- and Customer Pressure for fast-track introduction of new products, systems and services

TARGETS

  • Implementation of systematic Innovation Methods & Tools (TRIZ, QFD, DfSS, Lean Innovation, Open Innovation)
  • Establishment of a Knowledge-Database („Wiki“)
  • Establishment of a „Innovations-Pipeline“, continuous improvement of current product- and service portfolio
  • Competitive Patent-Portfolio, 20% more patent submissions / year
  • Introduction of monthly „Innovation Days“ for all employees across all functions and business areas

RESULTS & SUCCESSES

  • „Lean Innovation Award“ from the WZL der RWTH Aachen in 2011
  • „Bad Homburger Innovation Prize“ in 2014
  • Continuous product cost reduction of annually 10% through systematic application of DtC and QFD
  • Introdution of Technology Readiness Levels (TRL) before release of Innovations to the market
  • Secured, ring-fenced Patent-Portfolio, increase of patent submissions of >10% / year over 4 years

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Further References

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