Volvo 2008 Annual Report Download - page 25

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number of large companies work according to
this model and many suppliers have introduced
similar systems and approaches. The acquisi-
tion-driven growth of recent years has made
the work with VPS even more important. At the
same time, it has created new opportunities
and broadened the competence base. There
are a great many good examples within the
Group. Instead of everyone developing their
own systems and toolboxes, the co-operation
within the Group has developed considerably.
å The VPS is based on The Volvo Way: the Volvo Group’s values, culture and leadership. The system
then comprises fi ve principles or guidelines which will characterize the work. ç Teamwork: target- oriented
teams that work to bring about cross-border improvements. Everyone is aware of his/her role and in volvement.
é Process stability: eliminate disruptions to processes and ensure good organization. è Built-in
quality: get things right from the start. ê Continuous improvement: a long-term program to develop the
process. ë Just-in-time: get the right things done at the right time. í The focus for the whole of VPS,
the top of the pyramid: is the customer and value for the customer.
Customer
Continuous
improvement
Built-in
quality
Just-in-
time
Teamwork Process stability
The Volvo Way
VPS
å
ç
è
ê
ë
í
é
A global group 2008
21