EC INSULATOR takes multiple measures to promote business cost reduction and efficiency increase

The export orders in EC insulators for the entire insulator in 2022 have increased significantly compared with last year. In order to meet the increasing demand for orders and solve the problem of rising raw material prices, the company has established a separate cost control team for insulator orders, focusing on the three themes of “improving quality and increasing efficiency” – efficiency, upgrading and transformation, and innovation and intelligence”. Promote cost reduction and efficiency increase.

Establish a mechanism to seek benefits from refined management. The cost control team conducted on-the-spot investigations on raw material production enterprises in Chongqing, Jiangxi and other places. Through research, they fully understood the market information of raw materials such as glass fiber and raw rubber, and put forward development ideas. At the same time, they suggested that purchasing should go outside more in a timely manner. Understand the market information and avoid the phenomenon that the bidding enterprises are generally high. Otherwise, even if the bid is won at the lowest price, the cost will be higher than the market price. Through face-to-face negotiations with various manufacturers, the purchase price of raw materials has been significantly reduced, and some materials have been reduced by 5%.

Accelerate technological transformation and seek benefits from innovation and creation. Together with the technical department, by improving the existing technical level, optimizing product design, improving material utilization, reducing unit product materials, and achieving the purpose of reducing costs and increasing efficiency.

In order to increase revenue and reduce expenditure, we must benefit from process control. Led by the finance department, the entire production process is sorted out together with the production workshop, and the production efficiency and cost of each process are reviewed. Through equipment transformation and process re-optimization, the production efficiency is gradually improved and the cost is kept at the lowest level. Through a series of measures, the overall cost of insulators has been reduced by more than 8%.

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Post time: Dec-12-2022