What is Sandviks mission?
Sandvik’s mission is to be the first choice for businesses and provide the best possible value for its main stakeholders: customers, shareholders and employees. Sandvik is a global industrial group with advanced products and equipment with world-leading positions in selected areas. As of 2014, the Group has around 49,000 employees and representation in 130 countries, with annual sales of about 99 billion SEK, which is around 15 billion U.S dollars. Sandvik provides it customers with a unique expertise in materials technology and extensive insight into customer processes. This combination has provided world-leading positions in three primary areas: tools for metal cutting in cemented carbide and high-speed steel as well as components in cemented carbide and other hard materials, equipment and tools for the mining and construction industries and products in advanced stainless materials, special alloys, metallic and ceramic resistance materials and process systems.
Who are Sandviks Customers?
The Sandvik Group conducts operations in five business areas with responsibility for research and development (R&D), production and sales of their respective products: Sandvik Mining, Sandvik Machining Solutions, Sandvik Materials Technology, Sandvik Construction and Sandvik Venture. Sandvik’s customers appear all around the board, including the automotive and aerospace industries, mining and construction operations, chemicals, oil and gas, power, pulp and paper, household appliances, electronics, medical technology and pharmaceuticals industries. Approximately two thirds of the products are industrial-consumption products and one third consists of investment goods.
What Do Sandvik Customers Value?
Customer’s value the fact that Sandvik grows by growing its customers and by improving business quality for their main stakeholders. Customers value the fact that Sandvik is operating based off of 150 years of experience and they drive innovation and generate market-leading products which adds value to their customers’ business development and makes their challenges easier to conquer and resulting to great success.
What Are Sandvik’s Results?
The results from Sandvik’s business strategy is that they have become one of the best high-technology engineering group with operations in 130 countries, 49,000 employees and annual sales of about SEK 99 billion. The Group occupies a world-leading position in selected areas and they are able to achieve maximum value creation through higher growth and profitability. Making Sandvik an even more attractive company in their market and for their main stakeholders. Sandvik provides its customers with the best quality products with the best quality materials and services.
What Is Sandvik’s Plan?
With understanding Sandvik long history in the manufacturing market, one can understand that simply, their plans for the future will always meet tradition values that their company has instilled since the beginning. When the company was first created by Göran Fredrik Göransson in 1862, they established two basic values that they still believe and stick by. These values consist of keeping up with constant technological development and keeping close contact with their customers. Sandvik plans on keeping up with being sustainable and keeping the customers and employees satisfied. With the great success that the company has achieved, they will never stop thriving. Sandvik plans on creating a new standard for their products and plans to keep on expanding their company and increase its wealth, industrial innovation and decrease its energy consumption. Sandvik corporation has made a reputation for themselves and plans of being the leader for their ever growing market.
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