Concerns with the supply chain around the world are an engaging topic for multiple industries including fasteners. It is recognized everywhere that the importation and exportation of goods are necessary to keep the trading supply in balance. But with the broad concerns in both services and products, many sectors want to highlight the optimization of delivery or shipment of goods and their costs.

We will discuss the ways how to keep the delivery time on track to ensure stability within your inventory stocks, costs, and more.

Engage with customers

A strong customer relationship should be a top priority in every business. When a supplier manages to reach out to their customers for possible upcoming orders and demands or needs, it will be easy to predict some patterns.

For example, the construction industry might talk about their plan to build a new building around the area. You can tell them that you can supply the fastening essentials that are needed for the new project and proceed to order it ahead with your supplier.

Share planning and advance orders to suppliers

You may simply let your suppliers know about a plan that you might take to level up the business. This way they can anticipate how they can offer you the best quotation of products and while the planning is on the work, you can also place orders ahead of time to keep your inventory well-stocked.

Prioritize fast-moving products

During product analysis and data review, the high-selling fasteners will be will get contrasted with low-selling ones. This helps you to prioritize restocking items that have higher and faster sales opportunities in the market. 

Foresee supplier timelines

When ordering a bulk amount of fasteners more than once from the same manufacturer, it is expected to understand their production timeline. Some products may take more time and some require a standard system.

If you can assume the timeline of production and delivery, then keeping your inventory stocked will come easy.

Seek available local sources

For most companies or distributors, materials and products can be imported from another fastener supplier across the country for practical reasons. But we cannot neglect the fact that having a local source is convenient for the business. When you purchase products within the area of your location the a higher chance they will arrive quicker at your disposal.

Get to know fastening tips from professionals

Prince Fastener is a leading manufacturer and supplier of bolts, screws, nuts, washers, rivets, etc. in standard and non-standard quality. We also provide technical support in fastening and free quotation of fasteners for every range of applications. To know more about our capabilities and services you may directly contact us.