How Supply Chain Management Partners Optimize Fastener Manufacturing

by | Aug 17, 2021 | Fasteners Supply

Manufacturing operations consist, 90 percent, of fastening. But of that statistic, only 20 percent is actual part costs. The remaining 80 percent is technical issues and logistics. That’s where a supply chain management and fastening solutions service comes in to manage an operation’s overhead.

What Do Fastening Solutions Services Do?

The Fastening solutions for manufacturing company offer a suite of services that optimize supply chains.

VMI

VMI manages a buyer’s inventory from the buyer’s location. Rather than tax the buyer with overseeing multiple part numbers, the supplier can handle individualized inventory directly.

VMI focuses on increasing availability, turns and efficiency while minimizing:

• Costs

• Inventory

• Procurement Time

• Overhead

• Aggravation

Value-Added Engineering

Fastening solutions for manufacturing effectively become an on-demand fastener engineering department. Through value-added engineering capabilities, solutions services save costs for clients. Processes include:

• Fastener Consolidation

• Print and Assembly Line Review

• Product Teardown

• Failure Analysis

• New Design Review

• Applications Problem Solving

• Technique Consultation

• Field University Training

Product Sourcing

Fastening solutions for manufacturing teams with connections to hundreds of “C” class commodity suppliers worldwide acts as an optimal sourcing department. Whether it’s a bent bolt, carriage bolt, lag or drywall screw, threaded screw or tap bolt, fastening solutions can procure it at the highest quality level and at competitive prices.

Kitting and Assembly

In-house kitting and assembly can identify needed kit components, pick and pack them and manage SKU bundling while producing ready-to-ship kit sets. The benefits of kitting and assembly include:

• Productivity and labor costs improvement

• Quicker fulfillment

• Reduced shipping mistakes

• More efficient packaging

• An added layer of inventory control

Custom Tailored Field University Training

From lunch-and-learns to field-based workshops, fastening solutions can also offer expert-level training at all organizational levels to improve workflow, create better product designs and increase quality while reducing costs.

Training solutions include:

• Basic Fastener Overview

• Grades, Materials and Strengths

• Fastener Cost Drivers

• Torque Tension

• Thread Cutting and Thread Forming

• Joint Tightening and Resistration

• Joint Design and Fasteners

• Fastener Manufacturing Overview

• Fastener Finishes

• Hydrogen Embrittlement

• Plastics Fastening

• Self-Drilling Screw Guidelines

• Fastener Case Studies and Applications

Applicable Industries

Fastener solutions services can assist manufacturers operating in a range of industries:

• Agriculture

• Automotive

• Energy

• Fluid Management

• OEM and General Industrial

• Healthcare and Medical

• HVAC

• Home Products

• Marine

• Material Handling

• Rail

• Transportation

An Inventory Management Partner

Fastener solutions for manufacturing operate as more than a basic parts catalog. They serve as partners in R&D assistance and better product development. They also help with supply chain forecasting and optimization of operational divisions. Ultimately fastener solutions services help manufacturers increase quality and efficiency while reducing costs.

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