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Your location: Home > Related Articles > Textile testing instrument companies should avoid common mistakes in the industry to avoid elimination

Textile testing instrument companies should avoid common mistakes in the industry to avoid elimination

Author:QINSUN Released in:2023-07 Click:84

With the sluggishness of the global economy and the slowdown in China\'s economic growth since 2014, the once turbulent textile industry is facing a moment of life and death. Yesterday\'s rapid growth and today\'s life and death seem to come too suddenly, but many textile companies have to face that every industry or country will have a ceiling and slowdown, and companies that can only adapt to rapid growth but not delay, will inevitably be eliminated. Standard Group pays attention to the dynamics of the textile industry. After more than ten years of development, we have witnessed the outbreak of the textile industry and the gloom of recent years.

Where is the competition in the textile industry? What problems do textile companies face?
The textile instrument industry is also accompanied by the rapid development of the textile industry, and is also accompanied by the stagnatione of the growth of the textile industry. At present, many domestic textile instrument companies are struggling. In the continuous increase, and this kind of continuous growth, competition will inevitably become more and more fierce in the future. In these fierce environments, it is especially important to improve their own problems in order to survive. This article standard group solves the existing problems and needs of textile instrument companies Flexible nodes, the following problems are common problems in the industry and are at risk of being eliminated if not corrected in time.

Ignoring the importance of big data analysis
Big data technology is not about mastering huge data information, but about professionally processing this meaningful data. In other words, if big data is compared to an industry, the key to achieving profitability in this industry is to improve the\"processing capacity\" of data and realizing the \"added value\" of data through \"processing\". Textile companies can analyze customer behavior, needs and trends based on the big data of transactions and support certain data and make predictions for their own product directions. Without the support of big data, that is, unable to understand customer needs, it will eventually be eliminated in the customer-centric era.

Single structure, messy varieties, unable to produce on a large scale
Inexpensive lead products are the main source of income and profit for any enterprise, but many enterprises have to try to develop a variety of complementary products in order to attract customers, resulting in There are many and messy production varieties, small production scale and high production cost, which affects the profit of enterprisesseverely reduced. Therefore, it is necessary to continuously optimize and adjust the product structure and move production to the market. For example, when other small and medium-sized textile enterprises were in trouble, Wuxi No. large-scale technical transformation to produce high-quality, high-value-added compact spinning in large quantities. , Cut off low-end products, and the high-quality yarns are exported to European and American markets in large quantities, and are not affected by market changes.

Outdated concepts, rigid thinking and no desire to change
The world is changing every day and the speed of change is beyond our imagination. As a traditional industry with a high degree of foreign dependence in China, the textile industry should also change quickly to follow the trend and keep pace with social developmentkelling. However, there are stillMost textile companies, according to ancient customs, remain in the so-called safe and comfortable zone. They do not recognize and are unwilling to face the impact and challenges of the internet. They fool themselves and insist on the oldest management and sales model. . There are many industry leaders among them. While some companies have recognized this new business model, they still refuse to make changes that will directly benefit them. However, Internet + is an inevitable trend, if we do not adjust our operational thinking, we will inevitably be turned off.

Ignore the needs of customers and stay away from your own consumers
Customers are a company\'s most valuable resources and the importance of all other resources of a company\'s existence is to meet the meet customer needs, otherwise, the value of existence will be lost. Therefore iSatisfying customer needs is the sole purpose of the company\'s survival and profit is only the result of the process of meeting customer needs. In addition, traditional textile factories should be established with consumers to reach the end customer directly. If a factory doesn\'t even know who the consumers it serves and can only do OEM, it\'s in danger of being replaced and eliminated at any time.

The textile industry has overcapacity, serious product homogeneity and lack of characteristics
If you look for products in a textile industry, you will see that every company has obvious overcapacity, and the most fatal is serious product homogeneity. In the current fierce competition in the domestic market, some enterprises with weak technology, indiscriminate products, low grades and low labor productivity can no longer survive in the current situation.
Insufficientunderinvestment in technology, lack of research and development opportunities, no innovation and independent property rights market trends and customer needs, then it is easy to be affected by the domestic and general environment, and the living space will be compressed. Such enterprises not only have low profits, but also have a very weak ability to withstand risk. As soon as the environment deteriorates, they will be destroyed. For example, in May this year, Weiqiao Textile launched an intelligent spinning project to promote the transformation and upgrading of enterprises.

To win orders, the price is slashed, creating confusion in market prices.
To survive, companies use lowre prices to force competitors out of the market. To achieve this goal, they have to pay a price. No hesitation. Some even went beyond normal inter-company price competition and gradually evolved into vicious inter-company price competition, making the market chaotic. This not only harms the interests of small and medium-sized enterprises, but also seriously hinders the development of the textile industry

In short, regardless of traditional enterprises or emerging enterprises in textile equipment, they have to make their own shortcomings and do their best to exploit their own strengths to adapt.Product structure, understand the development direction of the industry, and keep pace with social development trends, to be invincible and achieve sustainable development. Standard Group (Hong Kong) Co., Ltd. believes that my country\'s textile instrument companies have their own development bottlenecks on the critical pretextent of the reform and timely adapt to the development of the market situation.