How to turn a loss-making plant into a profitable production in Russia. Development and growth durin
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We visited Roman Kondratyev, the CEO of the drilling technology plant in Kursk Oblast. The company specializes in designing and manufacturing drilling equipment and tools for various types of drilling operations. In 2006, Roman, a student, started his own business and bought his first machine, and that's where his story began. During a tour of GEOMASH, one of the oldest Russian drilling equipment manufacturing plants, which is almost 140 years old, WE WILL SHOW YOU: What the once unprofitable plant looks like now How the best drilling rigs in the country are manufactured Our own steel foundry, the only one in Russia, where all winches, gearbox housings, etc. are cast for the machines manufactured for the drilling industry and geological exploration WE WILL DISCUSS: Where to get money to buy a plant Difficult decisions that a manager has to make Lean manufacturing The situation in the industry and development options This interview will be a real find for entrepreneurs who are looking not just for advice, but for real examples in practice of how to implement lean manufacturing, how to resurrect an unprofitable enterprise and make it profitable. Timecode 00:00 What is this video about 02:13 How it all began 05:14 The first workshop, not beautiful, but our own 05:54 How long do factory owners work 06:24 The process of pouring steel into molds 08:24 There is no luck - there is only labor 09:02 How steel is poured 10:32 Scaling 17:08 In the foundry 18:28 About lean manufacturing 19:51 Resurrection of the plant 22:41 Cooperation between IZGT and GEOMASH 23:39 The process of chrome plating a part 24:32 An example of lean manufacturing at a large enterprise 27:02 Embedding quality in the production process 28:39 About machine tools 30:43 About production 33:30 Know-how, simple and cheap solutions 39:16 Welding shop, how do you like that, Wedge Musk? 42:28 shot blasting chamber 43:10 analysis of output 45:42 production process 46:56 ready machines for shipment 47:50 difficult decision, situation in the industry 51:15 about the market and service 52:58 assembly and testing 58:19 history of the plant, social significance
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