At present, the European mold industry has increasingly felt the impact and pressure from its Chinese counterparts. It is expected that by 2018, China will become one of the largest mold manufacturing bases in the world. Professor Alexandria of the Aachen University of Technology in Germany recently expressed such a sigh when he visited the mold manufacturing base in Ninghai.
According to relevant research departments, the time for mold design and production in Europe is 44% and 61% faster than that of China, but the cost of mold design and production in China is only 91% of that of European counterparts, because China’s labor costs are low, Some foreign customers have a strong appeal. In the past few years, 58% of the world’s molds were produced by Western European countries such as Germany. The proportion basket moulding of Asian countries such as China only accounted for 1%, but in the future, molds in Eastern European countries will have a large increase, while the production ratio of Asian countries will be Increase to about 22%. Given the advantages of China’s cheap labor costs and the good momentum of sustained and rapid economic development, the prospects for China’s mold development will be very broad. ’But this does not mean that everything in China’s development is so ideal and perfect.’ Alexandra believes that because China’s market is prematurely caught in the misunderstanding of price wars, it lacks the ability to innovate independently and has not been established accordingly.
Integrity and reliable market system, especially 65% of European customers feel that the price of Chinese molds is low but the quality is not good. An ideal solution is to strengthen the cooperation between China and the EU, and to place orders and drawings from European countries. The Chinese mold companies are specifically responsible for completing the design and processing, and in the process, they continue to learn European advanced technology and management concepts and accelerate Industrial transformation, efforts to improve the company’s own core strengths and competitiveness. For example, in terms of improving customer satisfaction, companies are not only making a fuss about low prices, but also more importantly, requiring short delivery times, good product quality, and high integrity. Let them know as much as possible about product development, design and production. Process companies must clarify their main direction, strengthen mutual cooperation, and respond to customer needs in a timely and effective manner.
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