Jul 01, 2016
As global trends in the Industrial Supplies and MRO space continue to shift, customers want more from their suppliers. Customers want more support, more ownership and more overall value.
That’s why Fastenal, a leading supplier of OEM hardware and MRO items, launched an innovative approach to accommodate customers’ changing needs.
Over the last 20 years, Fastenal deployed a unique solution for their customers – the Onsite program. This program positions full-time Fastenal experts and Fastenal-owned inventory within a customer’s facility. The Onsite team takes over inventory acquisition, ownership and management, to drive continuous financial and productivity improvement.
And, during the past 18 months, Fastenal has invested aggressively in training and technology that make its Onsite program even more efficient.
Fastenal’s vending solutions are often a key element of an Onsite program, providing 24/7 access to high-demand items, and reporting that eliminates wasteful usage. The Fastenal Onsite team continuously replenishes the machines, monitors usage patterns and adapts the product mix to meet changing production needs.
The results? Increased productivity and a significant reduction in consumption, typically 25-35%.
Fastenal’s Onsite program is a long-term and collaborative solution based on the needs of each individual business. Participating organizations will see many benefits, including:
Are you ready to boost productivity and profits? Corporate United’s partnership with Fastenal offers members the opportunity to implement a customized Fastenal Onsite program, with the advantages of CU category lifecycle management, including:
Reach out to your CU member development representative, or email us at email@example.com for more information.
Matt Narens: Manager, Category Development at Corporate United
In his role at Corporate United Matt works with both CU members and supplier partners to ensure that the programs he manages are delivering maximum value. This includes everything from commercializing new offerings to conducting category lifecycle and supplier relationship management. His efforts are focused on minimizing the administrative burden and reducing the total cost of ownership related to indirect spend for Corporate United members. They also include aligning strategies with Corporate United’s supplier partners in order to best meet the needs of the market.