Home Appliance Industry Supply Chain Faces Challenges and Transformations
Currently, the home appliance industry supply chain faces many challenges. The significant fluctuations in raw material prices, such as the unstable increases in the prices of steel, copper, and plastics, have increased enterprises' production costs. At the same time, bottleneck problems in logistics transportation, such as tight transportation capacity, rising freight rates, and logistics delays caused by the epidemic, have also brought difficulties to the production and sales of home appliance enterprises. To address these challenges, home appliance enterprises have sought changes and optimizations in the supply chain, strengthened strategic cooperation with suppliers, expanded diversified raw material procurement channels, optimized the logistics distribution network, and improved logistics efficiency and inventory management levels. These measures aim to enhance the resilience and competitiveness of enterprises' supply chains to cope with the complex and changeable market environment.
