Industry News, Suppliers News

Employee Ideas Save BASF Around €58 Million Globally

BASF awarded €4.3 million in bonuses to employees.

Author Image

By: Anthony Locicero

Copy editor, New York Post

Even the smallest of changes can have a big impact. BASF’s initiative “Idea Management” proves this time and again, with employees submitting suggestions that make every day work safer, easier and more efficient. By implementing improvements initiated by employees, BASF was able to save around €58 million globally last year. For example, pressure and temperature were specifically adapted in a chemical production process. The result is an economic benefit in the seven-digit range. These and more ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters