Leading lock and security company Assa Abloy has unveiled its '2010' strategy for future success – and it says the company's experiences in the UK "will become an important part in informing future strategies … elsewhere in the world".

The strategy will seek to build upon Assa Abloy's global success during recent years, including five per cent organic growth throughout the business during 2004. The company says that success was achieved despite tough trading conditions in an ever more competitive marketplace.

"The company recognises the importance of local knowledge and will continue to support the implementation of local and regional strategies at national level. This will be particularly true in the UK, which was amongst the first to come face-to-face with current challenging global market conditions," Assa Abloy says.

In the UK the company has restructured the sales process of the UNION, Yale and Chubb brands whilst investing more then £14m into a streamlining of manufacturing processes. Last year it opened a new central distribution centre to improve logistics and customer service, and continues to invest heavily in R&D. Changes to the executive board and a 'shared services' concept have also been implemented.

Source

Security Installer