SKF has 115 manufacturing plants in 24 countries worldwide with about half of the Groups workforce directly involved in manufacturing. The large majority of SKF’s assets in property, plant and equipment are directly deployed in manufacturing. The Group mission: To be the undisputed leader in the bearing business requires SKF’s manufacturing operations to be second to none.
This is the rationale behind SKF’s World-class manufacturing strategy, which is one of SKF's five strategic priorities. The strategy describes how SKF will achieve a more flexible, responsive, safe and sustainable manufacturing process with zero defects at the lowest possible cost.
The strategy comprises four main programmes:
SKF's approach is to be close to the customers. This has led to a change of the geographical distribution in the last ten years which is illustrated by the map below.