ZWZ Automobile Bearing Division promotes cost reduction and efficiency improvement in multiple dimensions

In 2025, the ZWZ Automobile Bearing Division will take turning losses into profits as its core goal, and will fully promote cost reduction and efficiency improvement through a number of measures such as market expansion, order acquisition, management optimization and quality improvement.

In terms of product structure optimization, the division focuses on core customers and key products, gradually reduces investment in low-profit markets, and implements a supply restriction strategy for some low-quality markets to increase gross profit margins. At present, 32 new projects have been locked in, which are expected to bring in 24.65 million yuan in incremental revenue. At the same time, the leaders of the division personally led the team to open up new markets, strive for more orders, and strive to reshape market competitiveness through high-quality automobile bearings.

In order to reduce procurement costs, the division makes full use of the centralized procurement platform, combined with the raw material price information provided by the company's strategic procurement department, especially the dynamic data of the steel industry, to guide actual operations. The logistics department publishes a comprehensive price analysis report every month to ensure that the procurement price is reasonable and transparent. Auxiliary materials and packaging materials rely on the unified procurement platform of the Heavy Industry Group to give play to the advantages of centralized procurement. For export products, a quarterly price linkage mechanism is adopted to replace suppliers or develop low-cost options; for domestic products, the most cost-effective steel supplier is selected through multi-party price comparison bidding.

In addition, the division has fully implemented the lean management model, striving to achieve cost reduction and efficiency improvement in all links. In production management, the rolling plan is strictly implemented to improve the execution rate of the plan. After completing the equipment transformation in the front grinding area last year, the centralized water supply system in the northern area was further closed this year to save kinetic energy costs. In terms of equipment maintenance, a reasonable maintenance plan is formulated to encourage the repair of old and waste equipment and strictly control external maintenance costs. In the logistics link, unnecessary expenses are further reduced by merging transportation batches and optimizing vehicle fuel consumption. It is estimated that management costs can be saved by more than 1 million yuan throughout the year.

The ZWZ Automobile Bearing Division adheres to the business philosophy of "quality first", seeks innovative breakthroughs in technology improvement, process research and development, quality improvement and personnel optimization, and strives to increase revenue and reduce costs. All employees work together to achieve the goal of turning losses into profits and inject new momentum into the high-quality development of the group company.

Related: ZWZ steel ball and roller  www.zwzroller.com