Elcoteq’s vision is to be the world’s leading provider of integrated electronics manufacturing services to communications technology companies. The cornerstones for the implementation of the strategy are a service offering that meets the needs of the global customer base, profitable growth in selected market areas and continuous improvement of operational efficiency.
Strategy
Elcoteq has three core strategic themes: expanding the service offering, focused growth and operational excellence. Expanding the service offering plays a key role in the IEMS strategy. Customers expect their partners to take on a larger role in the management of complex product structures throughout the entire supply chain. As competition tightens and product lifecycles shorten, especially in the Personal Communications Business Area, Elcoteq targets to offer its customers a broader service offering globally. Elcoteq seeks to bolster the company’s ability to generate added value with a top-quality service offering that optimizes the total costs of customers’ supply chains.
Focused growth aims to balance the company’s customer base and at the same time optimize the use of plants and service units. Several plants will be either closed or consolidated during the first half of 2009 as part of the restructuring plan, but Elcoteq will retain its global manufacturing capability in spite of these measures.
Operational excellence and its continuous improvement are key priorities for Elcoteq’s success. To establish a firm foundation, personnel expertise, organizational structures and processes must be tailor-made and properly dimensioned to business needs.
