Under the background of economic globalization, how China's fastener enterprises in 2007 seize the opportunity of market adjustment, upgrade product level, speed up the pace of product development and strengthen the industry to promote the soud development of the whole industry has become the major concern of worldwide fastener circles. According to the report, there is a tendency of centralization, informatization and service-oriented in the development of fastener industry, which is conducive to the rapid development of the industry.
Service-oriented
Nowadays, there are a large number of fastener enterprises. What the enterprises concern include market research, product development or improvement, production, sales, after-sale service and until recycle process, which cover the whole product life circle, reflecting all-direction service and the spirits of serving the community. As the approach of economic globalization, to some extent, China fastener enterprises become or will become "service industry¡± and information industry".
Centralization
Fastener enterprises are relatively concentrated, such as Guangdong, Wenzhou, Ningbo, Jiaxing, Yongnian, Haiyan, the Pearl River Delta, Yangtze River Delta Fastener production base. Led by regional fastener association, the adjacent enterprises gather together and gain competition advantages through constant innovation. The small and medium featured private enterprises play a crucial role in centralization of fastener products. They are OEM sticking to great enterprises. In the special area, competition and cooperation coexist and form the industrial chain. Since 2005, China's fastener industry has adopted strategic disposal adjustment focusing on material region and logistics decrease, and take some measures on environment protection, raw material and pollution sources to form the specialized production system of featuring the integration of logistics and material supply. They also gather the related enterprises together.
Informatization
Along with further extending over scope or space of market competition, enterprise's IT application comes into being as the guideline how to utilize and manage the overall enterprise resource. ERP system is used to effect integrated management of logistics flow, fund flow, information flow, the core of which is supply chain management. Currently, although lacking IT strength, many small and medium size enterprises consider fully bringing in ERP system to achieve efficiency through management, as ERP system has not only the functions in manufacturing, financials and sales management, but also the functions in human resources management, after-sales service, facility management and decision support which can help the enterprises to grasp the pulse of market demand and support enterprise collectivization and cross-border operation. The main principle of ERP system is to implement proper arrangement of resource in order to match economic globalization, diversification of customer need, shortened production cycles, and fierce competition, which can help tap the enterprises' potential to gain more high economic efficiency. From characteristic of technology development, it shows technological integration, absorbing the advanced technology from outstanding enterprises; from development characteristics, it takes on the trend from low-grade to medium and high-grade product (not lower than 8.8 grade); As to enterprise management, quality of work and product, manufacturing management and production have entered into the times of network.
