TDK | Case Study Evolutionizer

Digitalization of Company-wide Strategic Planning Process

Company

TDK Electronics (formerly EPCOS) develops, manufactures and sells electronic components and systems under the product brands TDK, EPCOS, Tronics and relyon plasma, focusing on fast-growing markets such as automotive, industrial and consumer electronics as well as information and communication technology.

TDK Europe is the European sales company of the TDK Group for European business. Headquartered in Munich, TDK Europe operates a nationwide sales network with 17 sales offices in Europe.

~13 billion € revenue

~100.00 employees

Objectives & Scope

The cumbersome, manual strategic planning process for all planning units (4 business companies, 15 business groups and 80 business units) is to be replaced by a digitized process that is adapted to TDK's specific requirements.

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Benefits delivered

Transforming the manual strategic planning process into a simplified, optimized and reliable digitized process – in close collaboration with the organization to ensure acceptance and reduce process inefficiencies and inconsistencies
Integration of TDK-specific requirements into the standard EVO-Cloud standard configuration
Development of a pilot version for testing and refinement
Successful go-live/rollout to all planning units including (key) user trainings and targeted support over a defined period of time
Using the “crowd intelligence” of the entire organization for corporate development purposes
Deploying advanced analytics and AI-powered text clustering technology: Create structured strategic hybrid data sets to gain deeper insights and support strategic decisions

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