How to Lower Costs in the Interlining Industry
There are so many strategies go in to making your company run and be successful. One aspect that is very important in a successful business model is making sure that your company is being run efficiently, so is that in the interlining industry. When talking about lowering the costs in the company, many executives only focus on procurement costs and operational costs. For example, from the view of the director in the procurement team, a balanced budget control on base fabrics for products of woven interlining, non-woven interlining and fusible interlining is essential, but mine are focusing on the strategic planning. One of them is efficiency in the business model. Efficiency is a tool to run the company successfully, but at the same time we must make sure the total costs are not increasing. Here are some tips on how to increase efficiency while lowering costs, which are applicable for the manufacturers of woven interlining, non-woven interlining and fusible interlining.
The first tip to increase efficiency while lowering costs is to have contingency measures to keep the employees busy during machine down time. The machine down time is a part of interlining manufacturing as the production lines need to be switched for products of woven interlining, non-woven interlining and fusible interlining, or have maintenance done to the machines. Making full use of the machine down time will certainly make a positive effect on increasing the efficiency. For instance, having the production lines organized and working space clean during the machine down time will help saving costs on housekeeping and have less time wasted, as everything is well-organized and available for the employees to use.
The second tip to increase efficiency while lowering costs is to provide the excellent customer service. It is already the era to provide excellent service rather than only merchandises like woven interlining, non-woven interlining and fusible interlining in the interlining industry. Pioneer interlining suppliers like us are striving for providing the best customer service. This will help us have efficiency when dealing with clients as they tend to keep coming back. On the contrary, the companies might not get very far without excellent customer service even if they spend a lot on advertising.
The third tip to increase efficiency while lowering costs is to control the defect rate. There should be some strategies to control the defect rate on the manufacturing process of woven interlining, non-woven interlining and fusible interlining, to have as little waste as possible. This will help save money on the materials and time on the manufacturing procedures, as you dont need to use as many resources as before. This defect rate control, in other words, contributes to increasing the efficiency.
The fourth tip to increase efficiency while lowering costs is to remove the middle man. You should go into details of each single part of the supply chain to see whether there is a middle man. This will not only help save money, but guarantee the quality of your supplies for woven interlining, non-woven interlining and fusible interlining, to remove the inefficiency caused by re-ordering in the supply chain; also conduct at least one check around each year to see whether you are still getting the best price on the supplies.