The Transformation Dilemma of the Veteran Enterprise: Traditional Outsourcing Model Restricts the Pace of Innovation
As an enterprise that has been in the automotive precision plastic parts industry for more than 40 years, Baolu Automotive’s products cover fasteners such as clips and pipe clamps, as well as functionally critical parts such as jug valves for engine cooling systems. In the past, the production of some samples and parts mainly relied on outsourcing, but this traditional model has revealed many drawbacks:
- Long delivery cycle: it often takes 1-2 weeks from placing an order to getting the prototype, which seriously slows down the progress of design validation and trial assembly.
- High cost: single-piece mold development and processing costs are expensive, which is not conducive to multiple rounds of iterative validation.
- Uncontrollable delivery time: external resources are unstable, and cannot respond in time when urgent changes or expediting are encountered.
- Low validation efficiency: after design modification, the update of validation samples cannot keep up with the pace of development, which slows down the project process.