Are you ready for the price increase hardware company?

Along with the continuous rise in the price of eggs and pork, a new round of price hikes has once again swept our daily lives. As a barometer of the market economy, every change in the price of agricultural by-products will trigger a "butterfly effect."

Under the pressure of “garlic you” and “pig strong”, the price of a series of hardware such as door handles, locks, aluminum alloy doors and windows, bathroom hardware and so on are rising. At the same time, the price of hardware and raw materials also showed an upward trend, with a rise of more than 20%.

Whether it is market people, hardware manufacturers, or home hardware operators, there is no timetable for when the hardware of "up" sounds can come down. How to deal with narrow profit margins, hardware manufacturers are the first to bear the brunt. .

Create a joint internal and external law to reduce costs
The prices of metal raw materials continue to rise, pulling the nerves of hardware companies. Relying on suppliers to reduce costs, improve quality, and surpass competitors in developing new processes and new products has become an industry trend.

Yu Yi, chairman of Yongkang Yili Vehicle Industry Co., Ltd., said that the price increase of materials will have an impact on the entire hardware and electrical industry. “The key issue is that metal raw materials have risen in price, and most companies still have to find ways to survive. It depends on how companies change their business ideas.”

Internal architecture adjustments. In the production process, we must carry out technical reforms, improve production processes, strengthen management, and reduce internal consumption. We must find better sales channels and logistics channels in the circulation, change the tactics of people everywhere, and reduce the marketing costs and logistics costs of enterprises. From a perspective, it is a good idea to rely on a large-scale professional market platform with large scale, wide market radiation and good traffic and logistics conditions.

Seeking foreign aid cooperation. It is a quick way for manufacturers to establish contact with suppliers. In the United States and Japan, there is a “union system” of closely connected supplier networks, which enables suppliers and manufacturers to establish long-term cooperative relationships, learn from each other, improve and grow together. .

Enterprises that rely heavily on metal raw materials, especially those that produce household hardware, share resources with upstream suppliers and reach a fixed trade cooperation, which can control costs and reduce initial investment at the source.

In addition, hardware and electrical enterprises should strengthen the construction of information platform, timely grasp market information such as raw material price trends, new technology and new product information, logistics dynamics, timely respond to possible crises, and improve their ability to resist market risks.

Black Single Hole Basin Faucet

What does single hole faucet mean?

Unlike a three-hole mounting configuration, a single-hole mounting configuration combines the spout and faucet's handle or handles through the mounting hole. This faucet has two separate inlet tubes, one for hot water and another for cold water. Both fit down through the single-mounting hole.

What is a single-hole bathroom faucet?

Single-hole faucets provide more precise volume and temperature control. ... When you want to use a single-hole faucet on a basin with a three-hole installation layout, use an escutcheon, or a deck plate, to hide the other two holes.

Are black fixtures out of style?

It seems like the trend is proving popular: according to interior design bloggers at Lusso, sales for black faucets increased twelvefold in 2019 compared to chrome-plated fixtures. ... And black fixtures are having more than just a moment - they are here to stay.


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