BMW: saves E62m thanks to employees
(CercleFinance.com) - On Friday the BMW group announced that its "Idea Management" program, which gives its employees the possibility of suggesting ideas to optimise costs, should enable it to make about 62 million euros in annual savings.
Over 8,000 ideas for improvements were submitted by employees in 2019.
"One proposal - submitted by two employees from Munich - stood out financially from all the others. Together, the two were able to increase the functional efficiency of the head unit, the central electronic control unit in every current BMW vehicle - with potential savings of 39 million E in the very first year," the German car maker said.
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