Case Study: Driving Schaeffler's Digital Maturity Strategy in the Automotive Industry
Introduction
Schaeffler AG, a global leader in the automotive and industrial sectors, embarked on a strategic digital transformation journey with a clear focus on digitalization and sustainability. Understanding the importance of measuring digital progress, Schaeffler established a Digital Maturity Index (DMI), designed to quantify and steer their digital initiatives across diverse business objectives. Lang & Fragmeier Consulting joined Schaeffler in implementing this vision by developing a robust data model within Power BI, creating visual reports that reflected Schaeffler’s established DMI metrics. This case study unveils the remarkable transformation brought about by the collaboration.
Client Overview
Company: Schaeffler AG
Industry: Automotive, Industrial
Challenge: Implementing a data model to represent Schaeffler’s Digital Maturity Index metrics, with interactive reports to support decision-making and transparency.
Empowering Digitalization
At Lang & Fragmeier Consulting, we are thrilled to empower Schaeffler with advanced business intelligence technology. Our commitment to simplifying our clients' journeys and adding value to their businesses through data and intelligence solutions is a testament to our passion for transformative digitalization.
The Offered Solution
Strategic Alignment with Schaeffler’s Digitalization Roadmap
Our primary objective was to ensure that the Power BI model we developed faithfully represented Schaeffler's DMI framework, providing a reliable and transparent view of their digitalization.
Digitalization Maturity Index (DMI)
Schaeffler’s Digital Maturity Index was designed around three core elements to measure digitalization progress and impact:
Bespoke DMI Framework: A custom framework created by Schaeffler to address their strategic needs in digital transformation.
DMI Scorecard: A comprehensive blend of financial and non-financial metrics, providing insights into Schaeffler's digitalization progress.
DMI Steering Model: Enabling cascading of overarching targets on respective hierarchical levels, monitoring progress and deriving counter measures.
Implementation Details
Agile Methodology: We leveraged Azure DevOps for a flexible, sprint-based approach, ensuring rapid iterations and alignment with project requirements.
Early Stakeholder Engagement: Developed a Minimum Viable Product (MVP)
of the Digital Maturity Index solution, providing stakeholders with a practical reference for feedback. This early engagement ensured the final product was finely tuned to Schaeffler's specific needs and objectives.
Transformative Components
Power BI Reports: Enabled Schaeffler to track and analyze their digitalization progress with clear, intuitive visualizations of the DMI.
Power Apps: Streamlined data entry, enhancing user experience and data accuracy.
Azure Data Factory & Azure SQL: Enabled robust data integration and management, supporting the DMI with a strong data architecture.
This comprehensive solution empowered Schaeffler to embark on a transformative journey towards digitalization excellence.
Benefits and Impact
Enhanced Visibility of Digitalization Progress: The Power BI model offered a consolidated view of digital transformation metrics, aligned with Schaeffler’s strategy.
Data-Driven Decision-Making: Real-time, user-friendly insights enhanced operational efficiency and informed strategic decisions.
Secure Data Environment: Designed with access controls and organizational hierarchies, ensuring data confidentiality and integrity.
Client Testimonial
LF Consulting’s expertise in implementing our Digital Maturity Index in Power BI was instrumental. Their technical capabilities brought our DMI framework to life with actionable insights that support executing, managing and steering of our digital roadmap.
– Florian Motzke, Vice President Digitalization Strategy & Management, Schaeffler AG
Conclusion
This collaboration demonstrates the impact of effectively implementing a well-defined digital strategy. By aligning with Schaeffler’s established DMI framework, Lang & Fragmeier Consulting facilitated a solution that brought clarity and visibility to Schaeffler’s digital transformation journey.
Lang & Fragmeier Consulting is dedicated to delivering data-driven solutions that support organizations in realizing their digital strategies. Contact us to explore custom implementation strategies for your digital initiatives.
Contact Information
Oliver Lang at LF Consulting: olang@lfconsulting.eu
Website: www.lfconsulting.eu