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DETECTING THE BARRIERS OF INCREASING PROFITABILITY OF THE INDUSTRIAL PLANT’S PRODUCTION

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PDF: Author(s): Belousova N. V.,
Number of journal: 1(46) Date: February 2019
Annotation:

In this article, there is introduced the experience of creating the philosophy of the lean production in order to reduce the barriers of raising the effective strength. The theoretical essentials of terms, such as kaizen, lean production and value stream, are also considered here. The history of this process’ development around the world is inspected. There is described the practice of applying the lean production’s methods abroad and using them in the domestic engineering. There are shown the results of this project’s implementation in Kostroma region’s enterprises as the basics of the lean production. For this, there were distinguished the fundamental and practical steps the enterprise should follow during the economic globalization, and there were determined the main ways to prevent the barriers of raising the effective strength. As the research has shown, the poor effectiveness of the equipment, high level of the unfinished goods, the absence of structuring for high capability and bad management on selected branches can be the barriers. At first, to find out about the forthcoming barriers, the analytical calculations of the PDCA (Plan-Do-Check-Act) type, making the scheme of delays, and complete visualization (like colorful stickers, pictures, instructions) at the official places are advised. Then, it’s recommended to divide the production into separate business units (separate branches of value stream) and operatively and marginally analyze each of them.

Keywords:

lean production, detecting the barriers, loss reduction, production efficiency, management accounting, value- stream costing, material costs, marginal profit, factor analysis.

For citation:

Belousova N. V. Detecting the barriers of increasing profitability of the industrial plant’s production // Business. Education. Law. 2019. No. 1 (46). Pp. 329–335. DOI: 10.25683/VOLBI.2019.46.155.