Fasteners are one of the most crucial components of any project or manufacturing process. Without them, the structural integrity of the project can become compromised.
That said, having fasteners for each job can really start to add up. Fastening solutions for manufacturing can create ways to reduce the number of fasteners used while also creating major savings.
Fastener Solutions
The key to finding fastener solutions involves finding a wide range of fasteners that can meet the ongoing needs of your business. Each project will have different requirements that only a specific fastener can meet.
Best fastening solutions for manufacturing is how an organization can keep costs under control while still having the right fasteners for the project at hand. Reduce inventory, minimize costs, and ensure that project meets are being met each step of the way.
The 80/20 Rule
There are a few stats worth knowing when it comes to fastening solutions for manufacturing. For instance, 9/10ths of all operations require fasteners. That said, only 20% of the total fastening costs incurred come from the fastener itself. This means that up to 80% of the fastener overhead you are taking on can be better managed.
Working with the right fastener experts can create savings on that 80% overhead. It isn’t about identifying price per part. Think instead about taking the approach of using real-time data to save money both in the present and over the long-term. Those are savings not to be scoffed at.