Tag Archives: metal parts

Haizol: New export business in China has seen its largest increase since 2017

LONDON, 19-Oct-2020 — /EPR INDUSTRIAL NEWS/ — The Caixin China General Manufacturing Purchasing Managers’ Index (PMI) measures the performance within the manufacturing sector, and is based on over 400 private industrial companies in China. The PMI shows a steady figure of 53.0 for September 2020, suggesting manufacturing growth remains robust, and factory activity continued their recovery path since COVID-19 hit.

China’s manufacturing industry this last quarter has exceeded last years readings, aided by a COVID-19 measures being relaxed. There was a new rise in orders, and buying levels were at an all time high since 2018.

New export business in China has seen its largest increase since 2017, alongside purchasing activity reaching its highest level of the last decade. This year has also seen the highest number of new orders since the beginning of 2011. Haizol has witnessed continued growth from the middle of the year until now, finding an increased number of buyers want to move to digital manufacturing, and find value in Haizol’s hands off, online sourcing offering.

China manufacturing has also demonstrated its resilience through employment figures, which have now stabilized after a turbulent couple of months of job shedding. Key manufacturing companies showed growth in input costs have risen, yet there has been no significant rise in selling prices due to tough market competition. Haizol, who have experienced continual growth to their customer base, have also maintained that keeping their prices low is imperative to their customer centered approach, and remaining the most competitive in the market.

The economy in China has demonstrated it has got its momentum back post epidemic, with manufacturing expanding the most since 2011, according to the Caixin index. In 2020, it has beaten the market consensus month on month, with successive growth in factory activity and the sharpest in almost a decade, as consumer demand continued to expand after the pandemic. With index figures at a 6-month high, and with a renewed increase in orders month on month, buyers worldwide can order parts with confidence.

Whether a company is looking to outsource a prototype, or full-scale production, Haizol are experts in metal and plastic custom part production. Companies of all sizes receive a tailor made, customer focused service.

SOURCE: EuropaWire

OEM Sourcings: Eliminate risks associated with possible geographical closures with Haizol’s 200,000+ suppliers across Asia

LONDON, 28-Sep-2020 — /EPR INDUSTRIAL NEWS/ — Operational Agility refers to one’s ability to discover and seize opportunities to improve operations and processes, within a focused business model. For the vast majority of companies, increasing agility is a board room objective.

With the world becoming increasingly fragile, who wouldn’t want to be in a position where they are able to react quickly to opportunities or adapt in time to evade possible difficulty? What used to be a focus on goals delivering tangible and short term returns, 2020 has brought operational agility to the forefront of business strategy and objectives.

Small, medium and large manufacturers, are all looking into what exactly their operations are and how efficiently they run them. A priority is to be well prepared to respond to future events, and this begins with improved analysis and management.

For industrial businesses in particular, agility enables flexibility and responsiveness, which can be critical for businesses preparation facing unpredictable situations. With these tools, a business can alter their direction with assurance and adjust to emerging challenges worldwide.
How can a company become more agile? Utilizing digital tools and analytics alongside AI and automation can aid in gaining insights and data. This data creates a better picture of the current situation, allowing for improved planning for the future. Adopting digital technologies, in conjunction with more data intelligence is key to prosper and advance supply chain relationships.

Outsourcing your supply chain can result in more efficient and streamlined operations. Having a supplier base which is widespread and can withstand the possibility of geographical closures which may limit production is beneficial. Haizol has a diverse supply chain in place, which can bring stability and confidence to businesses of all sizes. Haizol leverages a database of over 200,000 suppliers across Asia specializing in all kinds of manufacturing processes to cater to the most stringent requirements.

Diversify your existing strategy today and try outsourcing your parts production.

SOURCE: EuropaWire