economy

The Tanchon Smeltery is the one and only business that has been selected as one of the top ten enterprises for three consecutive years since the title was instituted in the country.

It is becoming a matter of interest among economic officials that the smeltery, a leading nonferrous metal production base of the country, is retaining the honour of a top enterprise despite its large size and numerous technical management indices.

The secret of success lies in the proactive and creative introduction of the socialist system of responsible business operation into the practice of business management.

There had been little change in the management method of the smeltery until a few years ago and, therefore, its production was greatly affected by external factors.

In order to overcome such circumstances, they sought for ways to make the most of the management right given by the state according to the requirements of the socialist system of responsible business operation, conducted in-depth research into the rights of organizing production, planning, adjusting management structure and labour and developing new products, and tried to find methods to apply them in keeping with their actual conditions.

In the course of this, they put efforts to grasping and managing the production and operation comprehensively and numerically.

They set up a structural system for grasping the equipment, labour and norms for the consumption of materials per unit, the main elements of production, in a unified way and analyzing them on a scientific basis and controlling them. Therefore, they put business management on a more effective footing by relying on the management analysis department that works as the “brain” analyzing the factors affecting the accomplishment of production tasks both in quality and quantity and according to indexes and making rational use of labour, equipment and funds.

The smeltery also focused its attention on the production sites.

It newly appointed technical process engineers and let them take charge of the production processes in each workshop, thus putting the technical management on a stable and scientific basis.

The leading and decisive factor in business management is the thoroughgoing and creative initiatives of officials and employees who are masters of the business and, in particular, the scientific guidance and management. It is another noteworthy point in the experience of the smeltery.

It paid due attention to lowering the per unit material consumption which is becoming even more significant among the factors for achieving production growth.

As the efficiency of its business management has increased, it has pushed ahead with the readjustment and reinforcement project on a large scale along with the implementation of the national economic plan.

At present, the smeltery has a bright prospect for nearly doubling the production capacity from the next year.