GE 2020 Earnings Call - Digital Grid

GE Digital Grid 2020 Earnings Call.jpg

7:50

“In digital grid for example our team used problem solving and daily management to reduce quality defects by 25%.

This helped drive savings that enabled the business to grow operating profit by 60% in 2020.

As this team shows, you can apply lean in any part of the business, NOT just in manufacturing.”

 

“all leaders have action plans to run their businesses leaner with lower inventory levels. In aggregate, our focus and actions to improve working capital are starting to pay off.”