Think for a moment about the different industries and professions that would require a fastener supplier to facilitate the manufacturing of different products to meet the demand on a global scale. That would be quite a list.
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In this post, let's try to get an idea of those industries and professions that rely on the products and services of a fastener supply company to keep production up and customers happy!
Perhaps an easier way to approach this question would be to think of a manufactured item that doesn't require any type of fastener to be produced. Bolts, nuts, screws, and rivets are virtually in any given item we can think of.
The need for fasteners can be as small as one screw to complete an item or as large as the nuts, bolts, and other fasteners that go into those absurdly large pieces of heavy equipment used in the earthmoving industry.
What do Sir Richard Branson, Elon Musk, and Amazon founder Jeff Bezos have in common besides being the richest men on the planet?
You guessed it! They need fasteners!
Where would Virgin Galactic, SpaceX, and Blue Origin be without a solid fastener supply company providing solutions that are literally out of this world!
And how well do you think a Tesla would hold up if there were not any quality fasteners to keep all the parts and pieces together?
Without trying to sound morbid, fasteners are with each one of us from our first breath to our last. As an infant, we sleep in a small crib that is held together with fasteners. When our final day has come, there will be fasteners present no matter how we wish to be sent into the hereafter!
It's easy to see that fasteners are incorporated into every area of our lives, and then some!
In the business world, it takes money to make money. In the fastener world, it takes fasteners to make fasteners!
The facilities where fasteners are manufactured are held together with heavy-duty fasteners and the machinery involved in that manufacturing process is dependent on fasteners as well!
Globally, the fastener industry is expected to reach $137.79 billion by . This is due to a global economy that is dependent on quality fasteners supplied by quality manufacturing companies.
According to information provided by Digital Journal, the future for fasteners is expected to be best in the areas of production, packaging, and agriculture. These are the driving force of industrial fasteners. We produce items manufactured and machined by fasteners.
We package these produced items with machinery that requires fasteners, and we are currently looking for ways to enhance our agricultural abilities with higher-tech equipment and machines that are held together by fasteners!
The market outlook for fasteners going forward is going to see increased revenues and production in the areas of;
Automotive
and AerospaceWe as a nation are constantly striving to make good things better. The fuel that energizes that mentality is directly related to the design and innovation of new and better fasteners.
If you are looking for more details, kindly visit Fasteners Manufacturer.
The American products that are produced by hard-working Americans deserve a fastener supply company that works as hard as they do!
Big Bolt is a fastener supply company that can meet and exceed those needs across the different manufacturing facilities throughout the nation. If you are a design engineer, OEM, or purchasing manager looking for the right fastener supply company to do business with, all it takes to begin your fastener supply success story is a call or a click at the Big Bolt website.
Let Big Bolt show you how much easier your job can be with the right fastener supply company in place!
No matter what type of OEM or manufacturing operation you have, maintaining reliable suppliers and parts has to be a priority. It&#;s amazing how many OEMs go for lowest price or quickest delivery without checking out the supplier. Too often, they get stuck with inferior parts, the wrong part, or the supplier is unable to provide parts the next time and OEMs have to hunt for a new source.
The fastener industry promises to reach $134.2 billion by , according to Grand View Research. That means there are a lot of fastener suppliers out there delivering parts of varying levels of quality and reliability. In fact, the Grand View Research report notes, &#;The industry is highly fragmented and competitive in nature with small and large-scale manufacturers in the U.S., China, Japan, Germany, and India.&#; The level of global competition makes it that much more difficult to find a reliable supplier who can deliver quality fastener parts at a reasonable price.
Here are five of the most common mistakes that OEMs make when they choose a fastener supplier:
The old saying &#;you get what you pay for&#; is true more often than not. When shopping for fasteners, you have to balance quality with price. Naturally, you have to find a supplier that can deliver goods at a price that allows you to maintain your margins, but buying inferior fasteners will cost you more in the long run. Consider why that supplier can offer the lowest price. Is it because the materials are inferior and therefore cost less? Do they skimp on shipping, which could affect delivery time and your production schedule? Make sure you know what you are getting and what is at stake before choosing low-priced parts. Remember that if the price of parts seems too good to be true, it probably is.
Fasteners come in all shapes and sizes and understanding their performance specifications is essential if you are going to avoid production delays and deliver products of superior quality. When considering fasteners, be sure you use the right product for the job:
Any type of supplier relationship is a partnership; they provide the parts and materials essential to your operation as part of an ongoing contract. You want to choose your partners wisely, which is why you want references. Be sure to ask other customers about the supplier&#;s responsiveness, delivery record, and other factors. You need partners you can count on.
Your business will grow and your needs will change. You want to ally yourself with supply chain partners that have the parts and resources to support that growth. It&#;s easier to strengthen the relationship with an existing partner than to continue looking for new suppliers.
If you work with an authorized distributor, you improve your chances of timely parts availability. For example, if delivery timing is important and the part you need is out of stock, a factory-authorized distributor is in a better position to suggest alternatives to ensure production isn&#;t interrupted.
These are just five common mistakes OEMs make when choosing a fastener supplier. Distributors should be strategic partners, able to provide the materials and parts you need when you need them. Choosing the best supply chain partners from the outset will save you significant time and money in the long run.
For more information, please visit Non-standard Fastener.
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