The survival rules of sofa foot enterprises during the economic downturn period

Faced with the severe situation of continuous contraction of manufacturing PMI for 5 months, leading enterprises have constructed a moat through three major strategies:
Lean intelligent manufacturing upgrade: A factory in Ningbo has introduced a visual inspection system, reducing the defect rate from 1.2% to 0.3% and increasing per capita output by 40%.
Service oriented transformation: providing value-added services such as free load-bearing testing and lifetime warranty, increasing customer renewal rate to 68%
Vertical integration of industrial chain: Extending from electroplating processing to nano coating research and development, gross profit margin increased by 9 percentage points.

The road to "hidden champions" for small and medium-sized enterprises: Zhejiang Wheel Factory, which focuses on segmented fields, has medical silent wheels that occupy 70% of the domestic hospital furniture market. By implementing JIT production mode and VMI inventory management, the capital turnover rate has been increased to twice the industry average level.
The policy dividend continues to be released: the manufacturing value-added tax retention and refund policy is expected to release 1.2 billion yuan in cash flow for the industry, and the additional deduction ratio for research and development expenses of specialized, refined, and new enterprises will be increased to 100%. But the shortage of talent has become prominent, with a shortage of 230000 composite technician positions.