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Today is 2021-11-27 Saturday,Welcome to this site 

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How to improve the competitiveness of products is the key to the competition of cutting tool industry

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  After long-term development, the cutting tool industry is now in a rising period. In such a stage, what kind of development mode should tool enterprises adopt has become a problem for major tool enterprises to actively think about.
  The cutting tool industry is at the low end of the mold industry, which is related to the low level of science and technology and the continuous price war of the whole industry. If the cutting tool industry wants to develop, it needs to increase research and development funds, increase the content of science and technology, and produce more competitive products. Only by strengthening the research and development of products can we really change the current mode of competition.
  Why has the cutting tool industry been fighting a price war? At present, there are many enterprises engaged in the production of cutting tools, but the scale is relatively small. They are basically small workshops, and there is no scientific and technological content at all. The products produced by small cutting tool enterprises are basically imitated, which leads to more and more low-end homogeneous cutting tools. Cutting tool enterprises are facing the problems of overcapacity and overstock. In order to improve sales, cutting tool enterprises will reduce the price of products. Several cutting tool enterprises have cut prices, leading to the whole industry in trouble, the profit of enterprises is less and less. When profits continue to compress, enterprises have no surplus funds for product development.
  The long-term price war within the industry will affect the whole industry. Cutting tool enterprises should enhance the scientific and technological content of their products, and turn from the current price war to the competition of science and technology. From simply seizing market share is not profitable at present, to sharing market and making profits together. I believe that after the transformation of the mode of competition, the production level of enterprises can be greatly improved, effectively get rid of vicious competition, and let the cutting tool industry to a higher level.

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