Differentiation is through grasping the individual needs of customers, providing customers with products and services that are different from competitors, and meeting customers’ needs exactly. Customers find that the uniqueness of the products and services are more attractive, and then they are willing to pay an extra s price.

The meaning of low cost and low cost is “cost leadership”, which not only obtains customers at a lower price than competitors through low-cost capabilities, but also ensures appropriate profits. Low cost is an ability that reduces the burden on customers to a lower level through effective management to reduce costs, and improves the cost-effectiveness of products.

The low cost mentioned here refers to the total cost leadership, including manufacturing costs, internal operating costs and supply chain management costs. It is the ability to use smaller resources to create greater value. In the manufacturing system, it is reflected in the ubiquitous elimination of waste. And in the improvement of operation to increase value, the ability of Japanese high-speed steel straightening machine manufacturers has been praised by American experts as “extreme operating efficiency.”

To provide the products required by the customer at the time required by the customer, the Japanese high-speed steel bar straightening machine manufacturer calls it just-in-time delivery, that is, JIT (Just In Time). With the development of society, market competition has put forward challenging requirements for the ability of high-speed steel bar straightening machine manufacturers to respond to rapid changes in customer needs. The management community refers to this ability as “flexibility.”