As an important part of machinery manufacturing, the price of forgings is different among different suppliers. This paper will discuss the reasons for this difference and the corresponding influencing factors. The production capacity and equipment level of different suppliers The production capacity and equipment level will directly affect the price of forgings. Suppliers with strong production capacity usually have efficient production lines and advanced equipment that can complete the production process more quickly and accurately. The improvement of the equipment level will also make the production efficiency and product quality higher, reducing the production cost, thus having a positive impact on the price of forgings. The production process adopted by different suppliers will also affect the price of forgings. Some suppliers may have unique production processes or technical advantages that can reduce material loss and save production costs under the premise of ensuring quality. Advanced production processes often require higher inputs and refined operations, which will have a positive impact on prices. There are differences between different suppliers of material procurement costs in material procurement, which will also affect the price of forgings. Some suppliers may have a stable raw material supply channel and can obtain high-quality materials at a lower cost, thus reducing the production cost of forgings. And some suppliers due to unstable procurement channels or high prices, may increase the cost of forgings, and then increase the price. Fourth, the market supply and demand relationship and the degree of industry competition Market supply and demand and industry competition will have a profound impact on the price of forgings. When the market supply and demand relationship is tight, the demand is greater than the supply, the supplier can raise the price to obtain better profits. In the fierce market competition, suppliers often reduce prices in order to compete for market share. This means that the same forgings in different market environments, the price will be different. Order volume and logistics transportation costs Order volume and logistics transportation costs are also factors affecting the price of forgings. Large orders can reduce the average cost of the supplier, which is reflected in the forging price. In addition, logistics transportation costs will also have a direct impact on prices, long-distance transportation and special needs logistics arrangements may increase the price of forgings. Conclusion: In general, the price of forgings varies among different suppliers. The supplier’s production capacity, equipment level, production process, material procurement costs and other aspects of the difference and market supply and demand, industry competition, order volume, logistics and transportation costs and other factors will have an impact on the price of forgings. When choosing a supplier, the above factors should be considered comprehensively to obtain the most cost-effective forging products.
