Luoyang LYC Bearing Company's output in May hit another record high

In May, Luoyang LYC Bearing Co., Ltd. actively implemented the “two adjustments and two improvements” of the group company, and the “two innovations and two driving” strategic measures to accelerate the transformation of economic development mode, overcome the difficulties of effective operation time, and set targets and benchmark management. Strengthen order fulfillment and organization and coordination, revitalize internal resources, release production potential, increase input and output levels, and create a new record high, which better meets market resource demand.

In the production organization process in May, LYC marketing department increased market development and strengthened the signing of orders; the material supply department accelerated the procurement of materials and the organization of conditions, which provided guarantee for the production organization of the month; the production management department focused on the key points. Product completion rate, input-output ratio and order fulfillment rate ensure continuous production and orderly output of each unit by continuously increasing monitoring and supervision of production organizations. The production units took the opportunity of the company's capital increase and the introduction of phased incentives to fully mobilize the enthusiasm of employees, seize market opportunities, move forward to the production nodes, and dig deep into the internal potential to ensure maximum output. According to statistics, in May, LYC completed the output value of bearing products by 30% year-on-year, and the output value of completed parts increased by 40% year-on-year. The production and operation continued to maintain a strong growth trend.

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