Ludwig Meister GmbH &Co KG
Max Meister, After completing his studies in manufacturing systems engineering in 2009, Meister took over central responsibilities at Dachau, Germany-based Ludwig Meister GmbH & Co. In 2012, he became CEO and managing partner in charge of procurement, IT and logistics.
Meister delivers fascinating insights on how his family-owned business utilized data-driven analytics in a five-year continuous innovation process to actively improve their present performance and provide for future success. “Industry 4.0, digitalization, disruption, etc. — the challenges in B2B distribution are enormous. Not just since the rise of Amazon Business and the like. Waiting to respond is not an option,” he says.
Ludwig Meister GmbH & Co KG is a technical distributor with 300 employees in 11 locations based in Southern Germany and Austria. With almost 80 years and three generations in the market, sales are consistently growing, reaching $120 million in 2017.
Read Max Meister's recent blog "The Race for Digital Innovation" on mdm.com.
Case Study: How a $120-million German power transmission distributor transformed with analytics
Session Date: September 19, 2018