Volvo 2009 Annual Report Download - page 8

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A GLOBAL GROUP 2009
63% (67)
Close to customers
– with underlying synergies
The Volvo Group’s product-related
companies in the six different
segments work closely together
with customers while Group-wide
resources are efciently utilized.
Approximately 70% of the Group’s
90,000 employees work in the
product-related companies and
30% work in the business units.
Trucks
The truck operations consist of Volvo Trucks, Renault Trucks, UD Trucks,
Mack Trucks and VE Commercial Vehicles (50%) in India. The product
offer stretches from heavy-duty trucks for long-haulage and construction
work to light-duty trucks for distribution.
Number of employees: 37,575.
Number of delivered trucks: 127,681.
The business units are organized globally and
combine expertise in key areas. They have the
overall responsibility for product planning and
purchasing and for developing and delivering
components, subsystems, services, and ser-
vice and support to the Group’s business
areas. The structure creates economies of
scale in product development, production, parts
supply, logistics, administration and support
functions.
In addition to the business units in the over-
view to the right, there is Volvo Technology that
develops new technology and new concepts
for “hard” and “soft” products and processes in
the transportation and automotive industries.
Volvo Group Real Estate conducts property
management and development. Volvo Tech-
nology Transfer invests in companies with
projects of technical and commercial interest.
Volvo Treasury coordinates the Group’s global
nancing and is also responsible for managing
all interest-bearing assets and liabilities. Volvo
Group NAP (Non-Automotive Purchasing) is a
global procurement organization sourcing
indirect goods and services.
BUSINESS UNITS SHARE OF GROUP’S
NET SALES SEGMENTS
Volvo 3P
Volvo 3P is responsible for product planning, product development and purchasing for the Group’s truck compa-
nies. Product planning involves having the right products over the longer term. Product development focuses
on chassis, cabins and electrical systems. In purchasing, Volvo 3P offers signicant size and negotiating
strength.
Number of employees: 4,022.
Volvo Powertrain
Volvo Powertrain coordinates the Volvo Group’s driveline operations and is responsible for the development and
manufacturing of medium-duty and heavy-duty diesel engines, gearbox and driveshafts. Volvo Powertrain also
manufactures light-duty engines for external customers and is responsible for ensuring that the Volvo Group is
supplied with drivelines for medium-duty applications from external manufacturers.
Number of employees: 8,143.
Volvo Parts
Volvo Parts provides services and tools for the aftermarket. The services start with the suppliers and proceed
via the dealers all the way to the end-customers. This entails planning, purchasing, shipping and storing parts,
as well as inventory management, order management, and tools and services for the aftermarket.
Number of employees: 4,133.
Volvo Logistics
Volvo Logistics develops and provides transport and logistics solutions to the automotive and aerospace
industries worldwide. Its customers come from both inside and outside the Volvo Group. Volvo Logistics pro-
vides customer-adapted services throughout the logistics chain – everything from the design of complex logis-
tics systems to packaging, insurance and distribution solutions for nished products.
Number of employees: 1,157.
Volvo Business Services
Volvo Business Services provides administrative services to Volvo Group companies. Its operations include
accounts payable, accounts receivable, accounting and human resources administration.
Number of employees: 910.
Volvo Information Technology
Volvo IT’s business concept is to manage complex IT systems. Volvo IT delivers solutions for all segments of the
industrial process and provides unique expertise in product lifecycle management, SAP solutions and IT opera-
tion. Its customers include the Volvo Group, Ford-owned Volvo Cars, and other large industrial companies.
Number of employees: 4,984.
Volvo Group Real Estate, Volvo Technology
4