The Knowledge Base: The Transformative Role of AI and ML
Standard of Excellence: Collaboration—The Right Path to Innovation
Global Sourcing Spotlight: Golf, Friedman, and the Benefits of Global SourcingGPV Holds Site Engagement Meeting in Estonia
May 21, 2024 | GPVEstimated reading time: 1 minute
GPV’s Executive Leadership Team met with the local management teams from our Operating Business Units (OBUs) located in best-cost Europe, Mexico and Austria for the third and final Site Engagement Meeting (SEM) this year.
The meeting was hosted by Veiko Vaher, MD at GPV Electronics EE in Elva, Estonia, and gathered our electronics sites from Estonia, Mexico, and Slovakia as well as our cables sites from Austria and Slovakia. Apart from CEO Bo Lybaek, CFO Henrik Tornbjerg and COO Martin Kjærbo participated in the SEM.
“A recurring topic at this year’s Site Engagement Meetings is our updated strategy – M.O.R.E. 28, – where we have set ambitious targets to continue our strong growth journey. By clustering our OBUs facing similar challenges and opportunities, we create the best chances for them to share experiences, best practices, and discuss challenges across sites. During the last couple of days, we have discussed the next four quarters, engaged with, and learned from each other on the tasks that lie ahead in each of the participating OBUs. The meeting has been very productive, and it has been a pleasure to meet with our colleagues from Estonia, Austria, Mexico, and Slovakia,” says Bo Lybaek, CEO at GPV.
At all Site Engagement Meetings this year, our OBUs have been clustered in groups so that the OBUs facing similar opportunities and challenges can better share experiences, discuss challenges, and learn from each other on recurring topics across the sites.
Due to an increased demand for additional production in best-cost Europe, GPV is currently expanding with an additional electronics factory in Slovakia in close proximity to the two existing factories. The additional factory will strengthen the global footprint and is set to be ready for production in Q2 2024.
Share on:
Suggested Items
GPV's Site Engagement Meeting in Asia
03/12/2024 | GPVDuring this week, the GPV Executive Leadership Team conducted the first in a row of Site Engagement Meetings to take place during spring 2024.
Real Time with... SMTAI 2023: BTU International Optimizes New Products and Manufacturing
10/24/2023 | Real Time with...SMTAINolan Johnson recently interviewed Bob Bouchard from BTU International at the SMTAI 2023 event. There's been a lot of activity at BTU International in the last twelve months, all of it aimed at improving customer cost of ownership, and adding even more robustness to BTU's customer order fulfillment. Listen to the interview to learn more.
Bowman's New XRF Measurement System Satisfies Need for Multi-Use Flexibility and Precision
10/10/2023 | Bowman XRFQuality departments and contract shops that test many different plated parts need an XRF analyzer with an expansive measurement area, selectable spot sizes, and high levels of both precision - and speed. Bowman's K Series benchtop XRF meets all of these requirements. It has a 12″x 12″ measurable area for parts up to 9″ tall. Selectable spot sizes accommodate a wide range of features; focal distances from .25″ to 3.5″.
DARPA Seeks to Transition Precision Optical Atomic Clocks from Laboratory to Warfighter
02/01/2022 | DARPASynchronizing time in modern warfare – down to billionths and trillionths of a second – is critical for mission success. High-tech missiles, sensors, aircraft, ships, and artillery all rely on atomic clocks on GPS satellites for nanosecond timing accuracy.
Plexus Announces Preliminary Fiscal Q1 Results
01/20/2022 | Plexus Corp.Plexus Corp. announced that it will not meet its fiscal first quarter revenue guidance of $825 to $865 million with GAAP diluted EPS of $1.01 to $1.17, as issued October 27, 2021, due to unanticipated supply chain challenges that accelerated in the final weeks of the quarter.