Volvo, which recently launched a personnel cut affecting 4,400 employees globally, plans to increase the usage of BI within the Volvo Trucks division.
Volvo Trucks is in the midst of a far-reaching investment in decision support. The truck manufacturer is under intense pressure to increase sales and cut costs, thereby increasing profitability after weak financial statements, released in early February.
Volvo has tested Qlikview on a small scale over a few years, but now has planned for a major extension. The decision support tool could play a key role as a business and efficiency enabler within the company. According to sources familiar with the plans, the company will use a more data-driven approach for decision making.
Volvo is also using SAP's decision support tool, Business Objects.
Qlikview's businesss intelligence tool Qliktech has been used in a pilot project to implement the profitability-related analysis. The company is planning to conduct more extensive analysis across the Volvo Group. The plan is to create reporting tools that can be used by management to analyze the business continuously. The goal is also to create a better environment for collective management decisions and group planning, as well as strategic control.
At the same time, the company is reorganizing within Volvo Trucks to create efficiency gains. The planned cuts could affect Group Trucks Operations, as well as the research and development subsidiary Group Truck Technology. Cuts are also planned within sales, marketing, IT and administration.
Because of the cuts and the ongoing reorganization, Volvo is not making any official comments about planned IT investments.