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Published at 25th of December 2023 05:21:59 AM


Chapter 141: [New Year's direction of PG zipper]

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Chapter 141 [New Year's Direction of PG Zipper]

It's New Year's Eve again, this year Wu Guangyao finally feels the meaning of home further.

'There is old on the top, and the small on the bottom.' This should not be a stressful sentence, but a sentence full of happiness.

Early in the morning, Wu Guangyao got up early, wrote couplets and hung lanterns.

"Guangyao, when did you practice this calligraphy?" Zhou Xuefen looked surprised, but his son had written crookedly before.

"I started practicing when I came to Hong Kong Island, and that's it slowly, maybe I didn't use my heart before!" Wu Guangyao said casually, anyway, he inherited the memory of his predecessor, and he was not afraid of showing off.

"You kid is smart, just don't care before!" Zhou Xuefen took it for granted.

Pasted the couplet and hung the lantern, but at 9 o'clock in the morning, Wu Guangyao held his eldest son Wu Xianshuo and teased for a while.

"The little guy’s hundred-day banquet must be a big deal, and I must introduce to my relatives, friends, and business partners. I have a successor to the Wu family founded by Wu Guangyao!"

After hearing this, the whole family felt reasonable. The huge industry founded by Wu Guangyao also needs successors.

Lin Yueru's heart is joyful, and she has Rongyan.

Although I have received a new-style education, the more I stay with Wu Guangyao, the more I will accept all his ideas.

Although there are some contradictions, Lin Yueru still chose her husband.

On New Year’s Eve, Wu Guangyao did not go there either, so he stayed at home with his family. It was a rare day's rest!

"Boss, happy new year, congratulations on getting rich!"

When Wu Guangyao walked into the PG Zipper Industrial Park in Shauqiwan, the workers greeted Wu Guangyao one after another.

"Did you receive the benefits for the Spring Festival yesterday? Did you receive the red envelopes for the New Year today?" Wu Guangyao asked everyone with a smile.

Everyone answered, received, and expressed their thanks!

There is no holiday for the New Year, which is not exclusive to Wu Guangyao. At this time, many companies on Hong Kong Island will not choose to take a holiday.

However, Wu Guangyao's companies are very generous, with both Spring Festival benefits (rice oil and other daily necessities) and start-up red envelopes (5 Hong Kong dollars).

As a result, naturally there is less resentment, and workers have a sense of belonging!

Coming to the meeting room, Wu Guangyao held a meeting of managers to set the goals and direction of PG Zipper for the New Year.

"Star City's factory will start full-scale production in March. There should be no problems, right?" Wu Guangyao asked first.

"There is no problem, the machinery has been installed and debugged. The workers over there are also mobilizing past experienced hands from here for training." Li Bing briefly reported on the situation.

PG zipper has become an automatic machine, Wu Guangyao only needs to take care of it from time to time, maintain it, or change parts.

Wu Guangyao nodded and continued to ask: "How are the preparations for the agent selection in America?"

"Very good, many powerful businessmen have stated that they will go to Star City on March 1st to participate in this agent selection meeting! Will the boss go to this event?"

"Of course, how can I be absent for such an important thing!"

Next, Wu Guangyao carefully inquired about the trend of Dongying YKK zippers, and came to the conclusion that PG zippers are under great pressure.

Different from European and American zipper manufacturers, Dongying also has many advantages of PG zipper, even in terms of price, it can be relatively close.

YKK zippers’ current output and sales have already tied the PG zippers, forming a tight-knit situation.

Even in the United States, this country of his master son, they are even more popular.

If PG zipper does not take measures, the follow-up global market competition will surely be at a disadvantage.

Strategy is not about waiting for things to come before you think about it, you must have a sense of being prepared for danger in times of peace.

So, the price reduction is inevitable. This is probably the PG zipper. The only countermeasure currently available!

As for other areas, such as quality and service, although the two companies are secretly competing, they are imitating each other, so they are comparable.

"As the zipper market becomes larger and larger, we must reduce profit margins and improve product competitiveness!" Wu Guangyao announced this big event. At present, the profit margin of PG zipper is very high, and there is still a lot of room for concessions.

"Well, our current cost has dropped further, reaching 1.4 cents per piece. When our smelter produces it, I estimate that the cost is only 1.25 cents per piece, and even if the shipping costs in Europe and the United States are added, it is only 1.3 cents per piece. So Boss, you can set a uniform price!"

Wu Guangyao nodded, made a careful calculation on the paper, and said, “We set five levels for medium and large customers, with an annual demand of 1 million pieces, corresponding to 2.3 cents each; an annual demand of 3 million pieces, corresponding to 2.2 US cents; the annual demand is 5 million, corresponding to 2.1 cents; the annual demand is more than 10 million, corresponding to 2 cents; the annual demand is more than 15 million, corresponding to 1.9 cents. Similarly, the agents are also corresponding, Such a model and price."

The price of PG zipper is calculated based on the annual cumulative quantity. For example, if you purchase 3 million pieces at the beginning, of course it will be calculated at 2.2 cents. As long as you have accumulated 5 million zippers in this year, PG Zipper will count your entire annual purchase volume, and then take a refund subsidy.

“In this way, Dongying’s YKK zipper must not be able to deal with it, and our PG zipper will continue to lead!” a supervisor echoed.

"While reducing prices, we still can't relax and be vigilant about quality issues. This is the real lifeline!" Wu Guangyao reminded everyone a little bit proudly and calmly.

"Of course, our quality has always been better than other companies. Now that the company has invested so much research and development funds and attached such importance, it will definitely not lag behind in this respect." Li Bing assured Wu Guangyao.

Wu Guangyao nodded. He is still the helm of the company, and he is not letting it go, so he still knows the situation of the company.

PG Zipper has an after-sales service department, which regularly conducts global customer and market surveys.

What is the quality of PG zipper? After one year of use, what problems will occur?

Then count them out and report directly to Wu Guangyao and the company’s management.

Similarly, Wu Guangyao regularly visits medium and large customers on the phone every year to personally collect opinions and feedback.

After the meeting, Wu Guangyao did not leave the PG Zipper Industrial Park, but wrote some New Year's plans for the zipper industry in the office.

PG zipper is operated with reference to YKK zippers of later generations, and Wu Guangyao also copied a lot of experience summarized by later generations.

For example, the layout of the entire zipper industry chain, such as smelters, weaving factories, and machinery factories, and in each link, it is necessary to be the best factory in the world.

In Lin Youde's weaving factory, Wu Guangyao repeatedly emphasized to Lin Youde that the little fabric on his zipper must be of the best quality in Asia or even the world.

In order to meet this requirement, Lin Youde hurriedly recruited workers and purchased machinery in Europe and America, investing huge amounts of money.

Don’t underestimate the little bit of fabric, but it can’t hold up the annual demand for billions of pieces, enough to make Lin Youde the number one in the textile industry on Hong Kong Island.

It is precisely because of these interlocking links that Wu Guangyao has the confidence to compete with zipper manufacturers all over the world, and to be the first.

In the new year, Wu Guangyao will continue to improve these supply links and be impeccable from bottom to top!

(End of this chapter)




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