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Among the many sophisticated molding processes, the closure and preform molding solutions are considered to be little more advanced at least going by the customer surveys that have recently concluded. This indicated the growing demand for the mold manufacturing services across the globe. What influences the manufacturing demand? • The recent survey and customer feedback compilation on the demands of molding solutions industries, it is evident that best practices that are supposed to be followed by the manufacturing companies is also one of the prominent reasons that have resulted in the undue gap of supply and demand. • Going by an example of the Closure Molding Supplier services or by those providing preform mould manufacturing services, these presumptions or the survey reports are to be given their merit. • It could be a lack of coordination by the people who are dealing with the core manufacturing processes and the customers who need to have better forecasting techniques. Forecasting is still a maturing practice in the molding industry. • Except for some of the highly reputed corporate houses, the mid size companies are yet to adapt to the forecasting practices that would probably bring down the delays of initiating with the manufacturing processes. The greater significance of forecasting In any industry the forecasting is done by the business management teams that deal with the client engagement and the business management teams work in coordination with the production or factory management. In the context of molding solutions, especially that of the preform molds, the company offering the preform mould manufacturing services would not initiate the manufacturing process till the time the due clearances are obtained from the operation and logistics departments. These are standard procedures that cannot be overlooked. Now, the responsibility of completing the documentation phase lies with the operations management. Looking at the same scenario from the customers’ point of view, who are ultimately responsible for releasing the necessary POs and payments which indicate the approval of the manufacturing of their ordered products need to work proactively on the forecasting mechanisms so as to keep the manufacturing company engaged. Many a times, the customers may not plan their product launch activities in advance and therefore will not have a concrete schedule designed for the production process, this contributed to the delay which in turn becomes responsible for the supply gap…the demand growth wider and more gaps will be identified in the supply management. In some rare scenarios, the supply chain management indicated the shortage of any stock or the material and by the time they indicate either to the business development or operations, the demand for those products can grow high, leaving way to competitors to operate in those market segments. About Author: This article is written by SINOPK which is a leading PET Preform Molding and carved out a special reputation in closure molds, Preform Mould Manufacturing Services, China Preform Mould Maker, Closure Molds and PET Preform Moulds of the highest quality at a low and suitable price. For more, Visit http://www.amazines.com/article_detail_new.cfm/5431072?articleid=5431072 .
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