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Material cost control strategy of rotary lock

source: time:2024-08-29 hot:5

Material cost control strategy of rotary lock

Rotary lock is a common fastener, which is widely used in many industries. Due to the fierce market competition, how to effectively control the material cost under the premise of ensuring the product quality has become one of the focuses of manufacturers. This paper will discuss the material cost control strategy of rotary lock from three aspects: raw material selection, production process optimization and supply chain management.

I. Selection of raw materials

1. Procurement channels: establish cooperative relations with many suppliers, and reduce the procurement price through price comparison and negotiation; At the same time pay attention to quality control.

2. material selection: use high-quality but cost-effective materials, such as 45 steel instead of some parts.Use stainless steel materials under less strict working conditions.

3. Recycling: classify waste materials and recycle reusable materials into new products or semi-finished products to reduce waste and save costs.

Second, the production process optimization

1. Equipment upgrading: the introduction of advanced production equipment and testing instruments can improve work efficiency and reduce the defective rate, thus indirectly reducing the manufacturing cost of unit products;

2. Process improvement: comprehensively sort out and analyze the existing process to find out the bottleneck and improve it. For example, using auto production line instead of manual operation can greatly shorten the production cycle;

3. Technical training: regularly organize employees to participate in skills training activities to improve their professional skills, and encourage innovative thinking and inspire employees to put forward improvement suggestions.

Third, supply chain management

1. Diversified procurement strategy: implement differentiated procurement mode (long-term contract/spot market) for different materials to cope with the risks brought by price fluctuation in raw material market;

2. Inventory control: avoid the problem of excessive capital occupation caused by backlog by accurately forecasting demand and reasonably setting safety inventory quantity;

3. Construction of a cooperative sharing mechanism: form a close strategic alliance with upstream and downstream enterprises, and realize the goal of complementary and win-win resource sharing.

In short, under the current severe economic situation, only by constantly looking for new ideas and methods to reduce costs and increase efficiency can the manufacturing industry be based on long-term development. For traditional industries such as rotary locks, it is more necessary to pay attention to detail management and innovation drive to get out of their own unique path.


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