Focus on operational excellence
Vision
Outokumpu's vision is to become the undisputed number one in stainless steel with success based on operational excellence. Being the undisputed number one in stainless steel requires:
- the best financial performance in the industry,
- being an industry benchmark in customer relationship management,
- production operations that are the most efficient in the industry, and
- being viewed as the most attractive employer.
Actions taken by Outokumpu to achieve this vision include improving stability over the business cycle, ensuring the competitiveness of the Group's European assets, focusing on management of the customer interface and moving towards growth and a readiness for global consolidation.
Operational excellence
Outokumpu focuses on operational excellence by developing and adopting best practices in all of its operations.
- Commercial Excellence: making Outokumpu the industry benchmark in customer relationships
- Production Excellence: optimising production of both standard and special grades
- Supply Chain Management: seeking reliability and predictability throughout the supply chain, securing on-time deliveries and reducing costs via procurement management.
Outokumpu has a strong position in stainless steel. The Group's Tornio Works, a fully-integrated and globally cost-efficient production site in northern Finland, makes Outokumpu one of the global leaders in standard grades. Read more about Tornio Works. Outokumpu also has a leading position in the special grades and products sector and is widely recognised for the high quality of its product and process development. Read more about special grades.