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BASF Saves €60 Million Globally from Employee Ideas

Approximately 21,000 proposals were implemented in 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

By implementing improvement proposals from employees, BASF was able to save nearly €60 million globally last year. A computer program for labeling samples, a concept for efficient distillation of a solvent and a new approach to the energy-saving melting of waxes – these and 21,000 other improvement proposals were implemented in 2016, maintaining the high level of ideas of the previous year. BASF rewarded the ingenuity of its employees with bonuses totaling €4.4 million.   There was also a host...

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