24 November 2015

"We have previously run tests to compare the new tool from conventional suppliers and the tool from new suppliers, but the depreciation of the ruble in late 2014 pushed us to make more consistent and extensive efforts in this regard," said Leonid Khalfun, CEO of Machine-Building Corporation MPO-Rumyantsev (part of Technodinamika Holding). "Since the start of the year, our experts have been testing the tool from "low-budget" suppliers to compare it with the one already in use."

The comparison is based on existing processing conditions for commercial parts. The evaluation criteria include the processing cost per part. As a result, during the first 10 months of 2015, the number of tools purchased from leading suppliers has remained at the 2014 level, despite the fact that the demand for tools has grown by 20% due to the introduction of new products, tooling of newly purchased machines, and a higher product output. The company says that these efforts managed to keep the costs of tools purchased from foreign suppliers within the budget, despite higher exchange rates.

The Kotlas Electromechanical Plant (KEMZ), also part of Technodinamika Holding, has introduced a similar approach. The plant has developed a new evaluation technique to compare products from several manufacturers and to see which tools are more suitable for particular uses.

"We are committed to increasing our operational efficiency, expanding manufacturing capabilities, and lowering production costs," said Egor Solovyev, CEO of KEMZ. "MPO-Rumyantsev has been providing us with methodological support."

As a result of these measures, the company expects to lower tool costs by 20% or more and increase operational efficiency 1.3 fold in certain areas.

Technodinamika Holding offers design, engineering, manufacturing, and after-sales services of aircraft systems and components. The Holding also produces parts and components for the oil and gas, automotive, transport, and power generation industries. Technodinamika comprises 36 enterprises located all over Russia: in Moscow, Moscow Region, Ufa, Samara, Ekaterinburg, Arkhangelsk Region, and other Russian regions. The Holding is part of Rostec State Corporation.

Rostec State Corporation is a Russian corporation established in 2007 to assist industries in the development, production, and export of high-technology military and civil products and services. The corporation comprises more than 700 organizations that are currently part of 9 holding companies operating in the military-industrial complex and 5 companies operating in civilian sectors, along with 22 direct management organizations. Rostec's portfolio includes many well-known brands such as AVTOVAZ, KAMAZ, Russian Helicopters, VSMPO-AVISMA, etc. Rostec has subsidiaries in 60 regions of the Russian Federation that export their products to over 70 countries worldwide. Rostec's revenue in 2013 amounted to RUB 1.04 trillion. The corporation payed a total of RUB 138 billion in taxes.