Why are some plastic companies eliminated?

Since the first half of 2014, there have been many plastic companies being eliminated. Why? In fact, apart from some external factors, these collapsed plastic enterprises have common characteristics, and the reasons for their collapse are very similar:
1. The technology and management level of these eliminated plastic enterprises are very backward. They have always been doing things by experience and running behind the problems;
2. The business ideas of these plastic enterprises have not changed in the past 20 years, the management is chaotic, the production efficiency is low, the material consumption is large, the number of positions is high, and the production cost is high;
3. The quality and delivery time of its plastic raw materials often fail to meet the requirements of customers, and production orders are gradually reduced;
4. Low awareness of the use, maintenance and maintenance of mechanical equipment, mold failure/equipment failure during production, frequent maintenance and repair, frequent repair;
5. Incorrectly treating plastic processing as a labor-intensive industry, relying on a low-cost labor force to maintain operations;
6. These plastic enterprises pay insufficient attention to the application of new technologies, new materials, new equipment and new tools, and do not keep pace with the times, leading to a decline in the competitiveness of enterprises;
7. Do not pay attention to the management of plastics technology management and personnel training, low learning awareness, backward concepts (not learning is equal to choosing backward), lack of core competitiveness;
8. The closed plastic enterprises are all “old” enterprises that have been working for more than ten years and twenty years. They are self-righteous and not enterprising;
9. Pay no attention to the vocational skills training of production technology/management personnel, neither external training nor internal training, the production technology management level has been in a very backward state, lacking technical/management innovation ability;
10. These enterprises blindly pursue "savings", the money spent is not allowed to spend, the control is not controlled, does not pay attention to controlling the various wastes in the mold, production process, waste is very alarming, resulting in the company's profits are increasingly meager;
11. Not adapting to the changes in the environment of modern plastics enterprises - facing the soaring prices of plastic raw materials, difficulties in recruiting labor, increasing labor costs, falling product processing prices, increasing customer requirements, depreciation of the US dollar, implementation of new labor laws, export tax rebate policy The cancellation and the increasingly fierce competition in the industry, with the "unchanged change", will eventually be brutally eliminated by the market, and in the next two to three years, 40% of backward plastic enterprises will be eliminated.

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