THEORY APPLICATION 6.1
As the worldwide leader in automotive
safety, Autoliv sells to all major car
manufacturers globally. Staying close to
customers, Autoliv has a superior global
presence and operate in 29 countries. Each
year, their products save more than 30,000
lives and prevent ten times as many injuries.
AUTOLIV BACKGROUND
The company I choose for this theory application is Autoliv. A Fortune 500 company founded in
1997 in Stockholm, Sweden, Autoliv was incorporated in the state of Delaware, U.S., and is the
result of a 1997 merger of the Swedish company Autoliv AB and the U.S. company Morton ASP.
It has become one of the world’s foremost lean manufacturers of automotive safety
components that consist of seat belts, airbags, and steering wheels. The organization operates
in 29 countries and has over 85 plants with a reported revenue exceeding $10 billion in 2016.
Autoliv’s Vision, Mission and Values are:
• Autoliv’s vision: Saving More Lives
• Autoliv’s mission: Providing World Class Life-saving Solutions for Mobility and Society
• Autoliv’s values – One Autoliv, transparent, innovative and agile.
LEAN SYSTEMS AND MUDA
Lean Systems are operations systems that maximize the value
added by each of a company’s activities by removing waste and
delays from them. They encompass the company’s operations
strategy, process design, quality management, constraint
management, layout design, supply chain design, and technology
and inventory management and can be used by both service and
manufacturing firms. Like a manufacturer, each service business
