Since October last year, the worldwide epidemic has eased, and various industries in various countries have resumed large-scale recovery. China’s foreign trade ceramic products have also ushered in the peak season of demand throughout the year, but the cost of daily-use ceramics has continued to rise due to various reasons. At this time, Wellware has adopted a series of measures to control the overall price of the product. Today we will provide you with answers to how we control prices through multiple dimensions.

1. First of all, in terms of foreign exchange settlement, the exchange rate has a huge impact on enterprises. Because of the impact of the epidemic, the world economy is in a downturn. Since last year, the exchange rate has changed many times, 6.9-6.5-6.45-6.4. Experts predict that the RMB exchange rate will further rise this year. In the future, it may be stable at a higher level. Changes in the exchange rate will lead to changes in product prices. In order to ensure the stability of product prices and ensure the long-term validity of product prices for customers, Wellware has signed a forward exchange settlement agreement with banks from January this year. Lock the foreign exchange to ensure that the exchange rate remains unchanged from the first half of the year to one year at 6.5 RMB = 1 USD, which makes the product price stable for a long time and makes customers more at ease, so that the export will not change the export price of the product again due to the appreciation of the RMB .

2. In terms of raw material procurement, the price of ceramic raw materials is rising every year because the rock mud produced by ceramics is a non-renewable resource. In order to prevent the price of raw materials from affecting product prices, we pre-store the demand for raw materials this year at the beginning of each year and store the raw materials needed for one year. Further ensure the stability of prices.

3. In the production process, labor costs account for a considerable proportion of product production. In order to reduce labor costs, we have introduced modern equipment to produce daily ceramic products. The use of automated equipment can reduce the number of personnel and reduce product production costs. At the same time, efficient automation equipment can increase production capacity to a certain extent. Through the use of automated equipment, product consistency can be effectively improved, and product quality can be effectively improved.

4. In terms of packaging and transportation, the price of cartons continued to rise. At the beginning of 2021, the price of cartons increased by more than 42% compared with the same period last year. After reporting on the price of cartons last month, the price of cartons has risen again. This month, the price of cartons once again ushered in an increase of 5% to 8%. The price adjustment made the price of cartons increased by 100-200 yuan on average. In order to cope with this situation, Wellware has ensured the stability of the carton price by pre-arranging the cartons in the cooperating carton factories. In terms of transportation, we use the slip sheet method to complete product loading and transportation. The slip sheet packing method requires only one person to complete the product loading and unloading during the unloading process. This can effectively reduce labor costs and provide convenience for your loading and unloading. The slip sheet occupies a smaller space, allowing more loading space for the product and improving the utilization rate of the container. For you to further save costs.