Trends Of Labor Productivity Increase Of Car Components Manufacturers

Abstract

The aim of the study is to determine the factors that cause the productivity lag of Russian and foreign manufacturers of automotive components and ways to improve it. In general, the level of labor productivity of Russian enterprises lags behind the leading global companies approximately twice. To achieve this goal, the national project Labor Productivity and Employment Support was studied, which is aimed at the development of labor productivity of domestic enterprises and employment. The article is relevant due to the fact that Russian auto components manufacturers lag significantly behind the world leaders. This research is devoted to the analysis of Russian manufacturers' activity at the auto components market, in particular, labor productivity as the main characteristic of competitiveness. The paper identifies the problems of domestic manufacturers of auto components, identifies the main reasons for the lag between Russian and foreign companies' labor productivity, and suggests ways to improve it through the introduction of lean production tools or product differentiation. The data for the calculation were the materials of enterprises participating in the national project Labor Productivity. The article formulates the main problems of Russian auto components manufacturers and suggests solutions. The results on increasing productivity should be used in the development strategies of economic entities which are engaged into the production of automotive components.