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Annual Report 2008

The work with VPS is never finished

More colleagues, more facilities and a broader cultural diversity strengthen the need for common values and goals to pursue. This is one of the reasons why the Volvo Group in spring 2008 began to establish the common Group-wide Volvo Production System (VPS). The first to implement were the production units, but VPS is also successively being incorporated in the administrative functions.

VPS is based on the values presented in The Volvo Way. It involves a common approach to reduce production costs and increase quality through identifying what creates customer value, doing it even better and avoiding unnecessary work. Already today, the Volvo Group has a good productivity, but with the stiff competition in the market place a continuos work with productivity-increasing measures is needed to further increase competitiveness.   
Volvo Construction Equipment
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