In the face of cost fluctuations, how can brass plate hardware processing companies optimize their cost structure?
Publish Time: 2024-12-18
In the hardware processing industry, brass plate is a common material, and its cost is often affected by factors such as fluctuations in the international metal market and the supply and demand relationship of raw materials. Faced with fluctuating costs, it is urgent for companies to optimize their cost structure.
The procurement link is a key breakthrough. Companies need to pay close attention to the dynamics of the brass market, use hedging tools in the futures market, lock in the purchase price of raw materials within a certain period, and avoid the risk of sharp price increases. At the same time, expand procurement channels, establish long-term cooperation with a number of high-quality suppliers, and strive for more favorable prices and flexible account periods through bulk procurement and centralized bargaining. For example, group procurement with small and medium-sized enterprises in the industry can enhance bargaining chips and reduce the purchase price of brass plate per unit.
Production process optimization is also indispensable. Introduce advanced digital production management systems, accurately arrange production plans, reasonably allocate brass plate materials according to order volume and delivery date, reduce inventory backlog capital occupation, and prevent costs from falling with prices due to excessive stockpiling. Innovate processing technology, use high-precision CNC equipment, reduce scrap rate, improve brass plate material utilization rate, move from original extensive cutting and forming to refined and zero-waste processing, and save every inch of expensive brass raw materials.
In terms of labor cost control, abandon the human sea tactics, strengthen employee skills training, cultivate versatile talents, enable employees to skillfully operate multiple equipment and be competent for multiple processes, use one for ten, improve production efficiency and avoid redundant personnel expenses. And establish a reasonable performance incentive mechanism, give rewards according to production and quality indicators, stimulate employee enthusiasm, and harvest higher output with less manpower input.
In addition, pay attention to the increase of product added value. Enterprises increase R&D investment, based on the excellent conductivity and corrosion resistance of brass plates, develop high-value-added customized hardware parts to meet the needs of high-precision fields such as aerospace and high-end electronics, and use product upgrades to increase profit margins and buffer the impact of cost fluctuations. Comprehensive measures from procurement to production, manpower and product dimensions can ensure that brass plate hardware processing companies can steer steadily in the cost wave and ensure that their competitiveness and profitability are enduring.
