What Is an Industrial Consumer?

Industrial consumers are consumers who buy goods or use labor services to produce other goods. For example, manufacturing companies buy chemical products to process fertilizers (fertilizers), and farmers buy and use fertilizers to irrigate farmland and produce food.

Industrial consumer

Right!

Industrial consumers are consumers who buy goods or use labor services to produce other goods. For example, manufacturing companies buy chemical products to process fertilizers (fertilizers), and farmers buy and use fertilizers to irrigate farmland and produce food.

Chinese name

Industrial consumer

When we talk about consumers, we mean more than just the public. Companies and organizations are also consumers. Because they also need to buy products to carry out business activities. For example, Ford Motor Company buys steel, plastic and glass to make cars; hospitals buy medical equipment and medicines; local governments buy a variety of things, from snowmelt salt to computers. ^[1]

Some products exist in basic form. It is hardly processed before it is sold to consumers, and if there is one, it is rare, such as wood, iron ore or stone. Companies that purchase these natural materials want to minimize the supply chain (see Chapter 9) because they usually further process these products and end up with finished products (for example, refining iron ore to produce steel and iron, processing wood Into building materials, etc.). Therefore, consumers who purchase basic materials will have some requirements on the characteristics of the product, and usually take into account factors such as price and service (such as fast shipping).

Many manufacturers' companies buy semi-finished products. This includes steel bars or rods, planks, glass or plastic. That is, some processes have been completed, but the product has not yet become the final product (for example, a container containing plastic particles is made of natural oil. But its final product is a plastic toy for children).

Manufacturers must therefore know how consumers intend to use these products. Are glass strips used to build inferior greenhouses or to be used as decorative or high-quality mirrors? As a result, semi-finished product producers are more integrated with their consumers. And adjust their products more closely to meet consumer needs than producers of basic materials.

Parts are things that are produced specifically to make up a large product. Generally speaking. It is not cost-effective or practical to produce every part of the product by the manufacturer. So he buys parts from other manufacturers. For example, Lucas produces headlight parts and sells them to carmakers such as Ford and Boksburg. To their car.

Manufacturers of components often design products for a specific consumer (for example, Lucas's headlights designed for Ford are not suitable for use in Boksburg cars. For this reason, manufacturers of components are often Relationships with consumers are business partners. It is critical that they pay close attention to the needs of their customers, because their reputation depends on their parts and components (for example, if Ford s headlights fail. End-consumer (This will be blamed on Ford, not Lucas.) Usually, parts and components are created in conjunction with consumers own design teams.

As we can see. From basic materials to semi-finished products and parts, industrial products are increasingly meeting the needs of specialized consumers. In addition to these, there are two further types of commercially purchased products.

Most companies buy products that help them produce end products or services. There are usually high cost things that can sustain them for a long time. Including computers, machine tools, factories, warehouses, fleets, and more. Although some of these products are standard (such as machine tools and fleets), manufacturers must be able to flexibly adapt to meet the needs of specific consumers. Many of them require high-level supporting services (such as the installation of computer systems, training of consumer staff and continuous follow-up maintenance).

Every company needs consumer goods-stationery, floppy disks and even food in the kiosk and employee toilet paper. These office consumer products are often not in the same form as their consumers buying from stores and supermarkets. These items are usually bought in large quantities, so they need to be packed in large quantities. Sometimes it is designed to be durable (such as a carpet) or produced in the most basic way to keep costs low (such as toilet paper). This makes people use the derogatory term "industrial grade" more. Indeed, these are also designed for consumers. But the most basic purpose of these consumers is to purchase these consumer goods at the lowest cost. It is not whether the requirements of company employees are met.