Purchasing by Volvo Group

We are Volvo Group Purchasing, and we’re interested in starting a
conversation – about how we navigate the challenging, exciting and
constantly changing landscape of purchasing.

Our Purpose

Purchasing is becoming increasingly complex and is of growing strategic importance to companies’ success. As regulations proliferate and geopolitical challenges escalate, purchasing organizations feel the weight of their responsibility. And as companies strive to establish sustainable models in various areas – mitigating climate effects, preserving resources and protecting human rights – it is abundantly clear that we need to work together.

We must share resources, learnings and methodologies.

We must join in conversations about how to navigate the changing landscape together.

That is what this page is all about – how we work, what we focus on, what guides our direction. We want to share Purchasing by Volvo Group.

Let’s start with our Compass.

 

 

 

About the Compass

We created the Volvo Group Purchasing Compass to complement our strategic roadmap. The Compass breaks down our strategic focus areas into more granular subtopics that help us focus our work and execute on our end-to-end responsibility as a purchasing organization, using a common language and approach. Individually, in teams, in regions and as a whole, we use the compass to map our strengths and areas for improvement. This enables an ownership mentality among our team members. 

Using the Compass

    Responsible Purchasing 

    Our Responsible Purchasing strategy builds on our three pillars of Climate, Resources and People to drive positive progress for people, our customers, and society. 

    Climate

    We aim to achieve a net-zero supply
    network by 2040

    Resources

    Convert from a linear to a circular business model & a reduced environmental impact

    People

    Focused on health, empowerment, business ethics, and respect for human rights

     

     

    Digitalization

    Our digitalization roadmap comprises four key areas: User Experience, Processes & Ways of Working, Digital Tools & Platforms, and the Data Ecosystem.  

    User Experience

    Access to information and the user journey

    Processes & ways of working

    Governance, processes and optimization

    Digital tools & platforms

    Eliminating manual processes, enabling collaboration, supporting decision making

    Data ecosystem

    Data availability, accuracy and quality, cybersecurity

     

     

    Resilient Supply Network

    To secure a flexible and agile supply network, we focus on four areas: Cross-functional Planning, Readiness at Launch, Supply Network Development, and Risk and Crisis Management.  

    Proactive cross-functional planning

    From project initiation through the entire life cycle of the product

    Readiness at launch

    Resilience part of project prerequisites, assess and ensure supplier readiness

    Supply network development

    Map network, track and improve performance

    Risk & crisis management

    Identify and mitigate risks, manage crises and gleaning lessons

Education and Learning Center

Supply Partner Code of Conduct

Defines sustainability requirements and expectations for suppliers

Be Aware

Be Aware is a Volvo Group initiative, which lets you take charge of your security journey

Our Corporate Standards

Including standards for eliminating harmful substances from our products 

Incident Response Plan

Overview of our Incident Response Plan, tailored to protect our supply chain operations and safeguard our stakeholders

Managing Risks

How we leverage internal and external data to address risks

Learn about the Supply Partner Code of Conduct

Overview of the code of conduct and what we expect from supply partners.

 

Latest news

Latest Press Release

Latest Press Release

Terms of Use

Access to and use of Purchasing by Volvo Group is governed by our Purchasing by Volvo Group Terms of Use.  Users agree that by accessing Purchasing by Volvo Group, such access shall be deemed their acknowledgement of and agreement to the Purchasing by Volvo Group Terms of Use, which are accessible at the following link: 

Terms of Use