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In this issue...

   1    CEMEX, Volvo CE
        and VFS

   3    VFS in Volvo
        Group celebration
        of 20 years in
        China                    Lean Six Sigma implementation at VFSE
   4    Insurance – the
        train is running                                                       It uses a set of quality management                             Problem solving hierarchy (according to VPS)
                                    Isak Olevic                                methods, including statistical methods
   5    2012 VFS Global             is Director of                             and creates an infrastructure of people         Complexity
        Leadership                  Quality, VFS                                                                               of problem
        Summit
                                                                               within the organization (“Black Belts”,
                                    Europe. Here he                            “Green Belts”, etc) that are experts in these
   6    VFS workshop
                                    writes about the                           methods.
                                    Lean Six Sigma
                                                                                                                                                                                               ADVANCED
        for Canada and
        USA Dealers                                                            Each Six Sigma project carried out within                                                                        KAIZEN
                                    methodology that                                                                                                                                           (6 SIGMA)
                                    is being used to                           an organization follows a defined sequence
   6    European
                                                                                                                                                                                   MAJOR
                                    help improve quality across the board      of steps and has quantified financial targets                                                       KAIZEN
        Leadership
        Summit                      within Region Europe.                      (cost reduction and/or profit increase).                                               STANDARD
                                                                                                                                                                       KAIZEN
                                                                                                                                                             QUICK
   6    How to make VFS
                                 In 2011, the quality organization was           “We all work in processes every                                             KAIZEN
        Violin your home
                                                                                 day,” explains Isak. “85 % of                                     QR
        page                     launched by Doug Tilden, VP Process                                                                                    QC
                                 and IT, to set a framework for a                the reasons for failure to meet                                                              KAIZEN means IMPROVEMENT.
   7    Tabitha Carpenter                                                        customer expectations are related                                                       When applied to the workplace Kaizen
                                 systematic and continuous improvement                                                                       5W                               means continuing improvement
        on integration &                                                         to deficiencies in processes and                               HY
        flexibility              of financial services processes. This                                                                                                          involving everyone – from top
                                 was carried out through the deployment          systems. At VFS Europe we seek to                                                      management to managers and workers.

   7    VFS                      of Lean Six Sigma methodology across            satisfy our customer needs profitably.
        Communication                                                            The Lean Six Sigma training allows                         5W2H
                                 the Volvo Financial Services European
        Skills forums                                                            us to do this through our focuses on                                   One week                                Three months
                                 organization.
                                                                                 the voice of the customer for every                                                                                            Time taken
   8    The Big Question         Process improvement is one of the three         process.”
                                 pillars on which the VFS Europe quality
                                 organization was built, the other two
                                                                               When talking about Six Sigma it is
                                 being process management and project
                                                                               important to emphasize the connection
                                 management.
                                                                               to VPS (Volvo Production System). VPS
                                 Six Sigma is a business management            is still the framework and the overarching
                                 strategy and is today widely used in many     philosophy by which we work and align
                                 sectors of the industry, amongst many top     our business, Six Sigma is part of VPS
                                 companies such as; ABB, General Electric,     and is used for improving complex cross
                                 IBM, Nokia, Ericsson, SKF, AstraZeneca,       functional processes.
                                 Bank of America, Merrill Lynch, Samsung,
                                                                               A series of successful Six Sigma workshops
                                 Siemens, Boeing and many more.
                                                                               has been taking place around Region
                                 Lean Six Sigma seeks to improve the           Europe from March to June. Certificates
                                 quality of process outputs by identifying     of achievement were awarded to the
                                 and removing the causes of defects (errors)   graduating candidates.
                                 and minimizing variability in manufacturing
                                 and business processes.
                                                                               Contact:   Isak Olevic


       VFS Focus The on-line newsletter of VFS 07/2012                                                                                                                                                              page 7

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Volvo Financial Services Focus Magazine v4 p5

  • 1. In this issue... 1 CEMEX, Volvo CE and VFS 3 VFS in Volvo Group celebration of 20 years in China Lean Six Sigma implementation at VFSE 4 Insurance – the train is running It uses a set of quality management Problem solving hierarchy (according to VPS) Isak Olevic methods, including statistical methods 5 2012 VFS Global is Director of and creates an infrastructure of people Complexity Leadership Quality, VFS of problem Summit within the organization (“Black Belts”, Europe. Here he “Green Belts”, etc) that are experts in these 6 VFS workshop writes about the methods. Lean Six Sigma ADVANCED for Canada and USA Dealers Each Six Sigma project carried out within KAIZEN methodology that (6 SIGMA) is being used to an organization follows a defined sequence 6 European MAJOR help improve quality across the board of steps and has quantified financial targets KAIZEN Leadership Summit within Region Europe. (cost reduction and/or profit increase). STANDARD KAIZEN QUICK 6 How to make VFS In 2011, the quality organization was “We all work in processes every KAIZEN Violin your home day,” explains Isak. “85 % of QR page launched by Doug Tilden, VP Process QC and IT, to set a framework for a the reasons for failure to meet KAIZEN means IMPROVEMENT. 7 Tabitha Carpenter customer expectations are related When applied to the workplace Kaizen systematic and continuous improvement 5W means continuing improvement on integration & to deficiencies in processes and HY flexibility of financial services processes. This involving everyone – from top was carried out through the deployment systems. At VFS Europe we seek to management to managers and workers. 7 VFS of Lean Six Sigma methodology across satisfy our customer needs profitably. Communication The Lean Six Sigma training allows 5W2H the Volvo Financial Services European Skills forums us to do this through our focuses on One week Three months organization. the voice of the customer for every Time taken 8 The Big Question Process improvement is one of the three process.” pillars on which the VFS Europe quality organization was built, the other two When talking about Six Sigma it is being process management and project important to emphasize the connection management. to VPS (Volvo Production System). VPS Six Sigma is a business management is still the framework and the overarching strategy and is today widely used in many philosophy by which we work and align sectors of the industry, amongst many top our business, Six Sigma is part of VPS companies such as; ABB, General Electric, and is used for improving complex cross IBM, Nokia, Ericsson, SKF, AstraZeneca, functional processes. Bank of America, Merrill Lynch, Samsung, A series of successful Six Sigma workshops Siemens, Boeing and many more. has been taking place around Region Lean Six Sigma seeks to improve the Europe from March to June. Certificates quality of process outputs by identifying of achievement were awarded to the and removing the causes of defects (errors) graduating candidates. and minimizing variability in manufacturing and business processes. Contact: Isak Olevic VFS Focus The on-line newsletter of VFS 07/2012 page 7