On this foundation and its underlying strategy and following the creation of an internal global network that operates in accordance with recognized rules and commands all necessary levers, further savings potential is to be realized within the framework of Siemens 2014 by integrating SCM activities more closely into the company's businesses. One goal is to further intensify cross-function cooperation, for example, between SCM and product development by using the design-to-cost method. Applying this comprehensive approach, the company aims to achieve a contribution to profit of at least €3 billion in 2013 and 2014.
The impending further development and the integration of the SCM function into business operations that Barbara Kux has proposed, will be prepared and established under her leadership in the months ahead, in collaboration with the four Sector CEOs. When this transition process has been completed, Barbara Kux will leave the company on the expiration of her contract. All other related personnel and organizational matters will be settled at a later date.