Good products and high-quality service concept are the key to the development of power cable enterprises. From various factors affecting the competitiveness of power cable enterprises at present, quality and technology, raw materials and internal management are the most important factors determining the competitiveness of enterprises.
(1) Quality and technology
Driven by the demand of various industries, the development of power cable products towards high quality and high technology has become an inevitable trend. Which enterprise can obtain advantages in product technology, then it can stand out in the low-level price war.
(2) Raw materials
In the case of a substantial increase in the price of raw materials, which enterprise can reasonably avoid the risk of the price rise of raw materials, it can obtain a huge advantage in the production cost, which has a very important impact on the competitiveness of enterprises. The methods to avoid the risk of raw material price rise include hedging, signing flexible contracts with customers and so on.
(3) Internal management
In the case of similar cost of raw materials, which enterprise can make efforts in internal management, reduce production cost and improve product performance and quality by improving management level, then it can gain advantages in the fierce market competition.
At present, the competition of power cable industry is still in the primary stage. It can be predicted that with the gradual development of the industry and the improvement of some rules and regulations, the concentration of production and market distribution of wire and cable industry will gradually improve.