What is the annual profit of the injection molding machine factory In Ethiopia?

The injection molding machine is one of the important equipment in the plastics processing industry in Ethiopia. It is currently one of the plastic machinery and equipment with the largest output, the highest output value and the most export.

China has become the world's largest injection molding machine production base, and the products it produces are also sold all over the world (including Ethiopia). So, how much is the profit of opening an injection molding machine factory in Ethiopia for a year?

The injection molding machine is one of the important equipment in the plastics processing industry in Ethiopia. It is currently one of the plastic machinery and equipment with the largest output, the highest output value and the most exports.

China has become the world's largest injection molding machine production base, and the products it produces are also sold all over the world (including Ethiopia). So, how much is the profit of opening an injection molding machine factory in Ethiopia for a year?

Whether the injection molding factory can make money depends on the control and management of the production process. When the management is in place, the injection molding machine is a money printing machine. If the management is not in place, the injection molding machine becomes a money-burning machine." The specific performance is as follows:

1. Lack of advanced management procedures and corresponding management systems. A lot of management work is still based on the "rule of man" approach;
2. The engineering technology management is backward, and the phenomenon of doing things based on experience is serious. Once you encounter a new problem, you will be at a loss. The mold is constantly tested and modified, and the process is constantly adjusted, but it still fails to meet the requirements;
3. The control of the production process is very poor, the company's TQC control ability is weak, and the delayed delivery, scrap, and return are serious;
4. Lack of quantitative management mechanisms and management tools, and only discover problems based on feelings or when customers are dissatisfied. The phenomenon of "headache treats the head, foot pain treats the foot" is more serious. Lack of self-improvement management mechanism;
5. Not paying attention to the maintenance and maintenance of molds and equipment;
6. Blindly consider receiving orders, lack of risk management awareness;
7. The basic management work is weak, and the necessary training system and mechanism are lacking;
8. Staff is unstable, and staff turnover is serious. This backward management status has resulted in serious consequences for business operations, and the company lacks market competitiveness.

Through the above introduction, we have discovered that there are many factors that affect the profitability of injection molding machine factories. Therefore, when operating injection molding machines, it is necessary to avoid the occurrence of the above matters. By doing this, injection molding machine manufacturers can earn objective profits in Ethiopia.