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1. The intitial factor effect the price of product is the raw material , some are raw material with formula, some are original, some are processed before production, it depends on the different kinds of material(ABS, PA,PP).
2. Different facility for production have big difference on the cost, it has 100 plus molds and equips with plasticator, automatic packing machine, marking machine, laser machine, etc.
3. Production technology - it's the main factor in Lockout and Tagout manfuacturer and finishing process. Each type of product has different production technology to control the quality and charactics of it.
4. The remaining 10% factor including in the labor cost, employee profit, warehousing, quality control, transportation, environmental protection, management etc.
The cost breakdown at percentage of different item
Product | Raw Material | Facility & Resource | Production Process |
Warehouse & Transportation |
Labor Cost
|
Management
|
Environmental Protection |
Safety Lockout Padlock | 25% | 15% | 50% |
1%
|
5%
|
2%
|
2%
|
Lockout Hasp | 20% | 10% | 60% | 1% | 5% | 2% | 2% |
Valve Lockout | 50% | 10% | 30% | 1% | 5% | 2% | 2% |
Cable Lockout | 40% | 10% | 40% | 1% | 5% | 2% | 2% |
Electrical Lockout | 30% | 20% | 40% |
1%
|
5%
|
2%
|
2%
|
Pneumatic Lockout&Cylinder Lockout | 30% | 15% | 45% | 1% | 5% | 2% | 2% |
Lockout Tagout Tag | 20% | 10% | 60% | 1% | 5% | 2% | 2% |
Scaffolding Tag Holder | 25% | 10% | 55% | 1% | 5% | 2% | 2% |
Lockout Tagout Management | 40% | 10% | 40% | 1% | 5% | 2% | 2% |
Lockout Tagout Kit | 25% | 20% | 45% | 1% | 5% | 2% | 2% |
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Lita Lock is a global supplier of Lockout Tagout, providing professional one-stop service for global partners. Lita Lock ultimate goal is to keep workers safe and make much safer environment.Providing competitive prices and quality services, warmly welcome you to write us your requirement, let us know how we can help.
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