Antai Technology: Deepen the cost reduction and efficiency increase to improve performance

On September 12th , the company held a special management and promotion work arrangement and exchange meeting for cost reduction and efficiency enhancement. More than 40 people including Vice President Zhou Wuping, Assistant President Bi Linsheng, members of the Corporate Management Promotion Activities Working Group and Activity Office, and financial leaders of various units participated. The meeting was chaired by Vice President Zhou Wuping.    The work meeting invited the refractory materials branch and the two units of Heye Technology to exchange experiences on the cost reduction and efficiency enhancement activities. The refractory materials branch began to reduce costs and increase efficiency in February this year, based on the 2011 data, to clarify the index reduction and efficiency control system. By analyzing the composition of costs, finding the key points of cost control, formulating annual cost reduction and efficiency goals and corresponding measures, we signed a letter of responsibility for lowering the cost, so that the objectives were clear and the responsibilities were in place. At the same time, in the process of operation, through monthly business management, we will monitor the performance indicators of key concerns from the perspective of quality and finance, and start from small, from easy to difficult, solidify the results, and continue to improve through the PDCA cycle. Xia Jianjun, Minister of Finance and Technology of Heye Technology, introduced the experience of Hezhi Science and Technology in carrying out cost reduction and efficiency improvement activities from three aspects: material cost control, production process control and supporting comprehensive management measures. Through procurement of material cost performance, utilization of waste resources, rational ingredients, control of pre-furnace components, optimization of process flow, improvement of finished product rate, reduction of processing fees, reduction of intangible loss, improvement of self-returning scrap recycling, economic responsibility system, cost reduction, technical transformation Measures, energy conservation and consumption reduction, QC activities to improve performance and other aspects of the product realization process in all aspects of the cost reduction and efficiency work, the effect is significant. The two units have made a good introduction from the ideas, methods and practical measures of cost reduction and efficiency improvement, and everyone has benefited a lot.    At the meeting, Minister Lu Mingzheng of the Enterprise Management Department issued the “Working Requirements for the Special Management Improvement Activities of Capital Reduction and Efficiency Improvement” on behalf of the Management Promotion Activities Office, and arranged the work schedule. Assistant Bi Linsheng emphasized that all units should conduct rigid analysis and control over the existing cost and expense budgets. There must be specific and corresponding measures for management refinement. Fine management should be implemented and risk management should be strengthened.    Vice President Zhou Wuping finally stressed that cost reduction and efficiency increase is a long-term, systematic, full-featured, and continuous work, and is a systematic project. Mr. Zhou requires all units to combine their own characteristics, according to the requirements of standardization, standardization and fine management, to implement all staff, full process, all-round improvement work, and reduce costs and efficiency, inventory receivables, procurement management, safety production, etc. Management improvement work should be carried out from different angles, fully integrated, long-term combination, continuous optimization and solidification. “Each savings per pen means a profit of one penny.” The company is currently facing an arduous internal and external environment. All employees must make efforts to reduce costs and increase efficiency through production, management and management with a hundredfold effort. In all aspects, we will do everything possible to reduce the cost, to benefit from management, to ensure the quality of operations, and to strive for performance!

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