The hottest innovation to improve the profitabilit

2022-08-17
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Innovation to improve the profitability of hardware tools

the number of hardware tools has jumped to the first in the world. In the era of planned economy, all industries have a tendency to expand in quantity, but the tool industry is more prominent. The number of hardware tools has leapt to the first in the world. In the era of planned economy, all walks of life have a tendency of quantitative expansion, but the tool industry is more prominent. By the end of the 1980s, the basic team composed of more than 100 key backbone enterprises and designated enterprises in the tool industry had formed an annual output of 300million high-speed steel cutting tools and more than 10 million measuring tools, ranking first in the world. At the same time, the annual output of high-speed steel cutting tools in Japan, a large tool manufacturing country close to us, only reached a record of 120million. Since then, due to the upgrading of the manufacturing industry, the demand for standard cutting tools has decreased, The output gradually fell to the level of 90million pieces

hardware tools have entered the golden sales period

in recent years, China's hardware tools have entered the golden sales period. Previously, miscellaneous hardware tools were favored by African consumers. Nowadays, with the increasing number of wealthy people in Africa, the popularity of hardware tools is simply unimaginable. Hardware tools have won a large market share in the domestic and foreign markets with their affordable prices and excellent quality

after investigation, we found that in the design of the whole kitchen, the market demand will increase by 16% every year, which shows that there is still a lot of room for the development of the hardware industry. The survey of the hardware market shows that about 70% of the demand for hardware products comes from house decoration, and 40% of the products depend on the supply capacity of some domestic hardware suppliers. Worldwide, the consumption of hardware industry focuses on more choices such as personalization, quality and reasonable price. Hardware is changing from the traditional tool industry to the fashion industry

innovation to improve their profitability

as retailers, they must understand the needs of the market and customers, and then formulate solutions according to their needs. According to the survey of 80000 consumers, retail industry and hardware market, about 70% of the demand for hardware products comes from house decoration, and 40% of the products depend on the supply capacity of some domestic hardware suppliers. More families hope to see more hardware products provided by retailers. Unfortunately, our market research is still very limited

following the trend, hardware retail enterprises have no choice. 1. At the end of the experiment, we should provide customers with creative tools to meet their personalized needs. In the world, when the hardware industry is used as materials, high-molecular polymers are required to have the necessary mechanical properties, from the traditional tool industry to the fashion industry. Consumption is becoming personalized, quality oriented, reasonable price and more choices. It is a realistic choice for hardware retailers to improve their profitability through innovation. Some profitable retailers have begun to expand their businesses in different markets around the world in order to establish a very healthy and stable system

improve the structural grade of products and services

although the number is large, the sales volume only accounts for about 30% of the gross domestic market value. Although these products have not entered the tool sales system of formal manufacturing industry at home and abroad due to brand and quality reasons, they have caused a great impact on China's tool export market. Industrial strategic development mistakes have led to weak market structure. The second major mistake in the development strategy of the hardware tool industry is its slow response to the tide of the scientific and technological revolution and the great transformation and improvement of the international manufacturing industry. We failed to seize the opportunity to improve the structural level of China's tool products and services in a timely manner

in the transition to modernization, China's hardware tool industry should also give full play to its characteristics, starting from a small and special step pressed vertically into the surface of the sample under the action of experimental force. In particular, the current large and medium-sized tool enterprises should not overestimate their own strength. In the process of scientific and technological innovation and improving the competitiveness of enterprises, they should also pay attention to highlighting the key points, concentrate on fighting the war of annihilation, and avoid making the mistake of spreading large stalls and blindly developing. This practical and realistic positioning of enterprises will instead give play to the overall advantages of the whole industry and accelerate the pace of modernization

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