Operational Excellence

Operational excellence is an important factor for securing a sustainable profitability for the Group. The work with operational excellence includes lowering the manufacturing costs and the cost of sales and administration as well as making product development and other processes more efficient.

Volvo Production System (VPS) is an important tool in the effort to increase operational excellence. It contains methods to make operations more efficient and reduce productivity losses. Competence development is a key part of VPS. Great effort is placed on developing employees in new, future technological competencies.