Business of Machining - Episode 72

Where in the world is Saunders now? Stockholm, Sweden! And it’s “life-changing” How could it not be when it's this beautiful? This episode is a shorty but a goodie as our two favourite John’s talk production and management at the Sandvick Coromant headquarters, and how it relates to their businesses. Link to Sandvick Coromant: https://www.sandvik.coromant.com/en-gb/pages/default.aspx Saunders was allowed to film, so keep an eye peeled for a video about his adventure in Sweden. It’ll come out in the net few months on his channel. Highlights of the tour: Sandvick implements lean machining into everything, and the company is always improving (sounds familiar) They are hungry for quality and are always pushing themselves Focus on skilled labourers SO much Emphasis on profitability and the bottom line Grimsmo is awed by how they’re still doing this on a grand scale...and keeping up with production! Major themes that Saunders noticed: They have an “ability to stay focused, and ability to say no” - Saunders “Having that hyper driven focus of what you do, doesn’t mean you can’t do other things later. It just means you shouldn’t do them now” - Saunders How to be a “legacy company” Fun fact: Sandvick started having autonomous forklifts in their company in 1989! That’s been normal to them for the past 30 years! Get ready for some soul searching in future episodes! Hint: it might happen sooner rather than later because Saunders is coming to Canada to hang out with Grimsmo!

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