You can work with a supplier who offers fastening solutions and offers their expertise and resources to help you save on costs and improve your business. A company that offers fastening and assembly solutions works hard to evaluate the cost of assembly through Vendor-Managed Inventory, value-added engineering, and more, and you will find fastening and assembly solutions improve.
Vendor Inventory Management
If you are working with a company for fastening solutions, they may offer Vendor-Managed Inventory (VMI). This type of program helps you reduce your costs and ensures that you never run out of inventory that you need. As a result, you will have faster turnaround times, greater availability, and efficiency. Your supplier will take responsibility for managing your inventory, and they will customize the plan to fit with your business. This allows you to lower your inventory level to reduce costs. And your supplier becomes a part of your team.
Value-Added Engineering
A supplier that offers fastening solutions will serve as your on-demand engineering department. They work to reduce your costs by testing your systems to improve efficiency and productivity. They can help you improve product designs, quality, and safety, and you can reduce the number of different fasteners you use through fastener consolidation. You can expect them to recommend changes that will improve the accuracy of specifications as they consider standard parts that will work and lower your costs. The assembly line review is another way that they identify places where you can improve. You get a range of services and a hands-on approach.
