Dongguan intelligent toy PCBA factory reduces inventory based on three principles
Release time: 2025/9/26 Source: Hongchuangda Electronic Technology
In the face of an external downturn in 2024, the competitiveness of factories in the market is insufficient, and orders are decreasing. Therefore, sales are prone to receiving miscellaneous and small orders. How to reduce the inventory of smart toy PCBA factories? Many factories will encounter this problem. There are three principles for reducing inventory:
1. The product categories are complex and not focused enough
At this time, there are a large number of PCBA categories in Dongguan, and the procurement of raw materials and accessories is very complex, which inevitably makes it difficult to manage raw material inventory. Moreover, many suppliers have requirements for purchasing in bulk, resulting in high raw material inventory.
Reducing product categories can control raw material inventory, but due to the lack of market competitiveness in my factory, orders are decreasing, making it easier for sales to take back miscellaneous and small orders. At this point, if you think about this issue, is it because your market competitiveness is insufficient, which in turn causes your raw material inventory to be very high? Or is it because the factory' s products lack competitiveness in the market that your sales receive those miscellaneous and small orders? It is a relationship between chicken and egg, egg and chicken. As a factory operation, the first step is to seek inward and change some operational management methods in order to improve market competitiveness and avoid some small and miscellaneous orders.
2. Reduce raw material inventory
Dongguan PCBA factory needs to distinguish between the value of your goods and the storage space occupied. When the value of your goods is higher and the storage space is larger, try to increase the procurement frequency as much as possible. For example, if one month' s procurement becomes a weekly procurement, and the weekly procurement becomes a three-day procurement to reduce inventory pressure.
3. Build a high turnover rate for the factory
The factory needs to pay a slightly higher cost, exchanging a small cost for higher turnover. This is a secret that many smart toy PCBA manufacturers and benchmark enterprises keep secret, because the success or failure of a factory' s operation is not only about pursuing its profit margin, but also about pursuing its turnover rate. When you spend a small amount of cost, compress inventory, shorten production cycles, and even compress finished product inventory and payment terms, the factory turnover rate will be faster, and your overall investment return rate will actually be higher at this time.
1. The product categories are complex and not focused enough
At this time, there are a large number of PCBA categories in Dongguan, and the procurement of raw materials and accessories is very complex, which inevitably makes it difficult to manage raw material inventory. Moreover, many suppliers have requirements for purchasing in bulk, resulting in high raw material inventory.
Reducing product categories can control raw material inventory, but due to the lack of market competitiveness in my factory, orders are decreasing, making it easier for sales to take back miscellaneous and small orders. At this point, if you think about this issue, is it because your market competitiveness is insufficient, which in turn causes your raw material inventory to be very high? Or is it because the factory' s products lack competitiveness in the market that your sales receive those miscellaneous and small orders? It is a relationship between chicken and egg, egg and chicken. As a factory operation, the first step is to seek inward and change some operational management methods in order to improve market competitiveness and avoid some small and miscellaneous orders.
2. Reduce raw material inventory
Dongguan PCBA factory needs to distinguish between the value of your goods and the storage space occupied. When the value of your goods is higher and the storage space is larger, try to increase the procurement frequency as much as possible. For example, if one month' s procurement becomes a weekly procurement, and the weekly procurement becomes a three-day procurement to reduce inventory pressure.
3. Build a high turnover rate for the factory
The factory needs to pay a slightly higher cost, exchanging a small cost for higher turnover. This is a secret that many smart toy PCBA manufacturers and benchmark enterprises keep secret, because the success or failure of a factory' s operation is not only about pursuing its profit margin, but also about pursuing its turnover rate. When you spend a small amount of cost, compress inventory, shorten production cycles, and even compress finished product inventory and payment terms, the factory turnover rate will be faster, and your overall investment return rate will actually be higher at this time.
