SKF Vertevo’s strategy is built on three strategic pillars, structured in seven strategic levers intended to drive growth, profitability and speed.
Growth
Continue to win in core categories
Focus on delivering profitable growth in core categories and key end-markets across PVs, including SUVs and EVs, CVs and VA, by leveraging SKF Vertevo’s established position in automotive bearing applications, broad automotive portfolio and continued portfolio improvement.
Expand addressable market
Broaden the serviceable addressable market by expanding the product and service offering in growing and profitable automotive categories, including EVs, CVs and VA, as well as selected adjacent automotive applications where SKF Vertevo can leverage existing knowledge, technology and customer access.
Maintain and strengthen position in innovation
Continue to advance bearing and motion technologies based on century-long engineering expertise, deep application knowledge and close customer collaboration, supported by digital tools, application know-how and customer co-development, to accelerate time-to-market and address evolving customer requirements.
Efficiency
A lean company setup
Operate as a leaner and more focused automotive business, supported by dedicated functions, clearer accountabilities and decentralised decision-making close to customers and other stakeholders. This setup is intended to reduce complexity, limit duplication and enable faster execution across engineering, industrialisation, procurement, manufacturing, logistics and commercial operations.
Automotive-adapted value chain
Continue to adapt the value chain to the specific requirements of the automotive industry, including cost competitiveness, high-volume reliability, launch discipline, quality consistency and responsiveness to changing customer demand. The manufacturing and logistics network is being transformed to increase capacity utilisation, reduce complexity and improve cost efficiency.
Best competences in the best place
Deploy specialised engineering, industrialisation and manufacturing capabilities where they create the most value, while regional teams remain close to customers for localisation, launches and service requirements. This geo-flexible approach is intended to support cost efficiency, resilience and responsiveness without compromising customer delivery or product quality.
Speed
Faster processes and decision-making
SKF Vertevo is focused on faster execution, shorter time-to-market and more responsive customer service across both OE and VA. As a dedicated automotive organisation, the Group is expected to benefit from clearer accountability, shorter decision paths and a fully focused management agenda. Faster processes and decision-making enable SKF Vertevo to do more with less while also providing a competitive advantage in meeting customer expectations. Digital tools, automation, AI, data analytics and machine learning are expected to be key enablers of this speed agenda.