Future-Proof Product Portfolio with Automated Processes and High-Quality Decision Making
70+
Years on market
4.000+
Employees
60+
Countries
Challenge
The rapid expansion and growth of Lenze’s diverse portfolio in the manufacturing industry required the company to adapt to new industry norms quickly and in an agile way.
As is the case with many industrial companies, new products are being developed constantly, which naturally leads to obsolete products being phased out. Lenze needed to quickly identify which products to keep, assess potential risks and cross-selling effects down the line, and decide which products to phase out in order to level their expenditure.
Lenze’s key focus was to improve their data quality curation, process execution, decision making, and product portfolio structure, to continue to stay ahead of the competition in the manufacturing industry.
Approach
Understanding Lenze’s operational structure revealed opportunities to streamline and interweave processes, creating a link between people, processes, and data.
FireStart, together with Soley and on top of SAP, built a pragmatic decision and process execution framework, optimized product portfolio lifecycle management, and simplified overall processes across the organization. These data-driven solutions allowed for more pragmatic decision-making and execution, resilience in crisis situations, and a leaner supply chain.
The complete solution is now Lenze’s transformation strategy for the next 5 years. Now, Lenze is geared towards being a future-proof, future-thinking company, able to cater to the next generation of digital capabilities.
Result
Now, Lenze is set up for success.
With FireStart and Soley, Lenze has real-time data to show how processes are performing end-to-end on a strategic, tactical, and operational level. Better synergy between humans and technology means that strategic evaluation and phase-out of underperforming product lines can be implemented seamlessly.
Managers can now execute more precise decision-making, with a clear, simple overview of all operations. Lenze is set up for success in years to come with a future-proofed, expandable digital process ecosystem.
50%
reduced product complexity
10%
more output due to optimized resources
75%
more resilience in crisis situations
