“and putting us on track to deliver more than 350 new products this year.”

In context

“ars ago is delivering results and we are building momentum in executing against our strategic priorities. Commercial excellence initiatives continue to drive results through improved sales force effectiveness and stronger account execution. Supported by AI enabled tools that enhance planning, prioritize opportunities, and accelerate productivity. Cross selling continues to outperform expectations with $110 million of opportunities booked and $120 million in the pipeline up over 40% quarter over quarter and putting us ahead of the goal we set at our Investor Day. We are rebuilding the innovation engine at 3M and significantly accelerating our pace of new product introductions. In the quarter, we launched 92 new products, up 44% versus last year bringing our first half total to 176 launches and putting us on track to deliver more than 350 new products this year. The benefits are showing up in our results, and I will talk more about our innovation journey in a moment. Our focus on operational discipline productivity improvement continues to create value across the enterprise. Cost of poor quality improved 60 basis points year over year while overall equipment effectiveness improved 140 basis points. As asset utilization improves, we are able to consolidate production into fewer assets optimize our manufacturing footprint and retire older and less efficient equipment. While overall utilization remains a long term opportunity, there are pockets in our manufacturing network today where capacity is constrained and short of demand. 1 example is our New Ulm facility, which produces cable accessories for electrical markets. A product that is facing high”