Standardization of business processes
Over the past five years
DSM has successfully introduced and implemented Operational Excellence
programs. So far, the focus has been mainly on standardization of business
processes in manufacturing, order fulfillment, finance and costing and ICT
infrastructure. These programs will be further extended to include more parts
of DSM’s business portfolio.
Strategic review of Vision 2010 in September 2007
DSM remains
wholly committed to the pursuit of Operational Excellence and intends to
continue and further strengthen the program with new initiatives in Advanced
Manufacturing (for example, yield improvements and energy savings),
Commercialization (product launch) and Excellerate (pricing program).
DSM has already announced two new programs in June 2007 to improve the
performance and profitability of two businesses, DSM Anti-Infectives and the
Aspire to Win program for DSM Nutritional Products, the latter of which is
expected to deliver an annual minimum of EUR 100 million of improved
profitability by 2010 and enable the Nutrition cluster to meet its Vision 2010
growth targets.