1. Suppliers may restrict the purchasing options of jewelry enterprises, thus restricting production. Because suppliers may have monopolistic behaviors in raw materials and accessories, Shenzhen jewelry enterprises cannot obtain the best resources in the procurement process, which affects production efficiency and product quality.
2. Suppliers may put pressure on the production of Shenzhen jewelry industry. Due to the unstable supply of suppliers or large price fluctuations, it will affect the production plan of Shenzhen jewelry enterprises, thus affecting the quality and delivery time of products.
3. Suppliers may affect the innovation of Shenzhen jewelry industry. If the supplier is too conservative and does not accept the new production technology and design, it will affect the innovation and development of Shenzhen jewelry industry and lead to the decline of industry competitiveness.
4. Suppliers may affect the market competitiveness of Shenzhen jewelry industry. If suppliers have problems such as price monopoly and unstable quality, it will affect the market competitiveness of Shenzhen jewelry enterprises, thus affecting the overall development of the industry.
In a word, suppliers have an important influence on the development of Shenzhen jewelry industry. Shenzhen jewelry enterprises should strengthen the management and selection of suppliers, establish good cooperative relations and achieve win-win development.