Mar 14, 2022 | Hardware, News, Purchasing
For many companies, inventory control can be a challenge. The goal is to not sit on excess raw material, tying up large amounts of cash and space, but also not run short, halting production and losing time and money. Having the bare minimum amount of inventory to...
Jun 29, 2021 | Hardware, Purchasing
Quality control is a key consideration for anyone specing and purchasing assembly components because any product or piece of equipment is only as good as the parts going into it. For most businesses this means looking for suppliers with ISO 9000 family of standards...
Feb 25, 2021 | Hardware, News, Purchasing
For many industries, applications, and companies, purchasing is not a mission-critical process. Often a lower cost or quality component will work just fine in a product that might be disposable or not subject to high standards of reliability, endurance, or...
Aug 27, 2019 | Purchasing
When President Trump imposed tariffs on over $250 billion worth of Chinese goods beginning late last year, economic repercussions affecting prices were set in motion that are still being felt by a wide range of industries, businesses, and consumers today.The goods...
Jun 28, 2019 | Purchasing
Let’s face it, depending on your business you have to carry various parts and products to keep your production team going. From a business standpoint, we understand you can’t sit on excess raw material, tying up large amounts of cash and space, but it is also costly...
May 20, 2019 | Hardware, Purchasing
Electronic Fasteners, Inc. provides fasteners of all types – plus a wide range of related products – to virtually every industry. We have approximately $2 million dollars in inventory with 25,000 different items, more than 100 million pieces available to service...