SHANGHAI, Dec. 21, 2019 /PRNewswire-PRWeb/ -- Sourcing machine parts online is now more prevalent than ever before. Online manufacturing is on the rise, as witnessed by the year on year expansion at Haizol. This year, 2019, has topped the previous years and the projections for 2020 are expected to reach new heights.
Throughout the year, the company has sourced new product additions, and partnered with new sourcing platforms around the globe to add to its portfolio. The development of new technology has been driven by customer demand, and the company is amidst a conscious effort to deliver more services that fulfil the end-use requirements of customers.
Jennifer touched on Haizol's 2020 strategy being to spread their unique selling point, namely the lower time and cost implications associated with using Haizol Vs individually sourcing suppliers. Haizol removes the need to locate manufacturers online independently, as well as the need to visit the factory and communicate with the manufacturers. At Haizol, customers receive quotes within hours, and have Haizol's quality and specification guarantee on the order. This guarantee allows the customer to order online with confidence and at speed.
Jennifer discussed the nature of the industry, where the manufacturing industry is heading in the next few years, and how Haizol is adapting to this. She states "the role of manufacturing is changing, as the world grows, the way it benefits the economy alters. In today's development economies, manufacturing stimulates efficiency, creativity and trade, compared to earlier economies where it contributed more to growth and employment." We are moving into an active stage where the world is becoming more and more innovative, and this triggers increased demand, with global manufacturers having extensive new opportunities. However with this comes uncertainty. By 2025, a new global consuming class will have arisen, and the need to cater to this class and produce greater variation and increased after-sales care and processes will put pressure on established markets.
This is why Haizol aim to stay at the forefront of innovation, introducing new tools, processes, and secondary process options. The goal is to generate new demand and improve productivity throughout different industries and countries. In the manufacturing industry, companies need to have a deep grasp of evolving markets, to fully understand the needs of both existing and new customers. Developing new avenues, capabilities, and turning static forecasts into responsive and agile solutions is a must. Jennifer suggests that strategy needs to optimized on entering new markets in developing economies, introducing new materials, and being reactive to the changing market, whilst also being cautious of risk.
Haizol perceive these changes as an indicator of a new global manufacturing market emerging, a market which maximises usage of big data and analytics to react with speed and decisiveness to changing conditions.
About HAIZOL
Headquartered in Shanghai, HAIZOL was founded in 2015 and was initially funded by the Haier Group of Companies, a market share leader for major appliances and consumer electronics. HAIZOL is one of the largest online OEM manufacturers in the world, specializing in CNC Machining, Die Casting, Injection Molding, Casting, Mold Making, Fabrication, and Metal Stamping. Follow them on LinkedIn today to keep up with the latest news.
SOURCE Haizol
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