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How can the injection moulding sector in manufacturing plants transform?


Release Date:

2021-07-16

Author:

In recent years, a wave of smart manufacturing has swept across China, with major economies worldwide vigorously promoting the revitalisation of their manufacturing sectors, and numerous manufacturing enterprises embarking on the construction of smart factories.

In recent years, a wave of smart manufacturing has swept across China, with major economies worldwide vigorously promoting the revitalisation of their manufacturing sectors, and numerous manufacturing enterprises embarking on the construction of smart factories. Trends such as Industry 4.0, the Industrial Internet, the Internet of Things and cloud computing have become key measures in advancing the national strategy of ‘Made in China 2025’, which includes the transformation of enterprises in the injection moulding industry. It is important to recognise that manufacturing enterprises in China’s injection moulding sector are facing immense pressure to transform. Factors such as rapidly rising labour costs, overcapacity, fierce competition and growing demand for customised solutions from customers are forcing injection moulding firms to shift from low-cost competition strategies towards establishing differentiated competitive advantages. At the factory level, these firms face significant challenges in recruiting staff and a shortage of skilled technicians; to achieve staff reductions whilst boosting efficiency, there is an urgent need to advance the development of smart factories.

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