Five Key Considerations for OEMs When Selecting Fasteners

24 Jun.,2024

 

Five Key Considerations for OEMs When Selecting Fasteners

The supply chain&#;a term once associated with the logistics, transportation and distribution world&#;has become common in everyone&#;s vocabulary. Unfortunately, because of the COVID-19 crisis and recent geopolitical events, strain remains on the collective supply chain.

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Never has this been truer than with fasteners in the off-highway mobile equipment manufacturing sector. From diesel and electric engines to hydraulic systems to electrical components, supply chain disruptions have made providing the equipment that customers want difficult. While fasteners may seem to be a small part of the overall manufactured product, they are especially important components in off-highway machines. Fast fact: Fasteners are about 50% of the bill of material and 1% of the production cost of a typical machine.

How can original equipment manufacturers (OEMs) of off-highway mobile equipment mitigate fastener supply chain challenges? The answer lies in the chosen fastener supplier and what that partner has learned and applied during the past couple years to help OEMs be more competitive.

Optimas SolutionsThe value of a full-service fastener supplier and how a manufacturer works and interacts with that supplier has been reinvented and rethought to help manufacturers improve the supply chain&#;particularly those seeking operational profits, production security and product performance. When working with existing distributors or seeking new ones, OEMs should evaluate a full-service fastener supplier in five key areas&#;risk reduction, inventory optimization, elevating operations, quality, and electrification and environmental considerations. Getting an understanding of their capabilities and approach in these areas will help OEMs develop a long-term supply chain relationship.

Reducing Risk

Lost shipments, lengthy delays and mistakes in orders affect a manufacturer&#;s production. Understanding how a fastener supplier reduces risk is important. One of the first factors to determine is availability. What is the availability of parts, and how does the supplier manage inventory? What is the proximity of distribution centers to see if delivery times can be shortened? What is a supplier&#;s record of on-time delivery in respect to these regional sourcing capabilities?

A measurable positive is if a fastener supplier offers in-house manufacturing capabilities. Seeking domestic or regional sources for components is growing in popularity as a strategy for OEMs to gain more control of the supply chain and shorten lead times.

The ability of a fastener supplier to reduce risk in the supply chain through better parts availability, sourcing capabilities, delivery prowess and manufacturing capabilities will make OEMs meet their customers&#; demands.Optimas Solutions

Optimizing Inventory

Inventory has always been an area to discuss with a potential fastener distributor. However, in this supply-chain challenged era, it is even more important. When discussing inventory, most people think about actual products and goods sitting in a physical plant or warehouse. While this is important, so many more elements must be considered, especially in the current environment.

Optimizing inventory isn&#;t about more. Factors to consider are: 

  • How much of one SKU is available?
  • Where is this item?
  • How fast can it be delivered?
  • What must be done next to get it supplied?  

Understanding a distributor&#;s capabilities in technology-enabled demand planning and replenishment automation is critical. Are these capabilities powered by real-time data? Do they offer key insights to make inventory an operational asset? The ability of a distributor to apply predictive and prescriptive data analytics easily and accurately to inventory management may be a difference maker for OEMs.  

Enhancing Operations

Another area to evaluate is the ability to develop solutions that improve an application, decrease manufacturing costs, add industrial engineering to reduce the number of SKUs in a machine or perform other cost-out activities. In short, a full-service fastener supplier can help OEMs rethink fastener applications in their products to offer better production and performance and reduce costs.Optimas Solutions

Does the supplier have in-house application and manufacturing engineers to design the right fasteners for products? Can they provide heat treating, plating, coating, patching and other secondary processes through one source? In-house tool and die capabilities with immediate access to engineers and machine operators are beneficial in a supplier. The ability of a fastener producer to perform custom work to meet an OEM&#;s demands is essential.

The key is to evaluate suppliers on their ability to be flexible and offer a wide range of services to meet every need. This helps OEMs eliminate complexity, save time, reduce waste, decrease costs, and improve efficiency and reproducibility.

Improving Quality

Well-documented quality levels are a requirement for suppliers. Fastener suppliers must meet industry standards. OEMs should ask for verifications and certifications by standard bodies such as International Organization for Standardization (ISO) and International Automotive Task Force. These certifications validate that a supplier has proven quality processes.

While certification of quality processes throughout the organization is essential, it might be more important in quality lab testing. OEMs don&#;t want a faulty fastener to reduce product performance. Testing parts and mitigating safety hazards by measuring them against standards are important, and one&#;s supplier needs to adhere to such certifications as ISO , among others. It goes without saying that quality best practices by a full-service distributor and their manufacturing suppliers are essential when identifying a fastener partner that you can trust.

Electrification and Environmental Considerations

Manufacturing continues to move toward more environmentally safe and sustainable products and equipment. Because of this, fastener manufacturers and distributors must help OEMs embrace and figure out how to advance electrification and other environmental considerations in their mobile vehicles and components. Therefore, OEMs must understand the strategies of fastener producers and distributors in the following areas:

  • Technological advances
  • Use cases that will validate production and performance enhancements in the future

The future of electrification is undeniably bright. The overall focus on the environment, sustainability and other best practices in manufacturing will only increase. When evaluating a fastener supplier OEMs must understand the supplier&#;s strategic approaches in both areas.Optimas Solutions

Conclusion

Many exciting opportunities are available for off-highway OEMs in the coming years. With rising focus on environmentally friendly equipment and federal investments in infrastructure, examining how fastener partners and their technology fit into equipment manufacturing benefits OEMs&#; production, lead times, and many other factors.

Working with a full-service fastener supplier can benefit OEMs if they approach it through a 360-degree lens. The relationship can be a partnership because full-service fastener suppliers will understand how to:        

  • Help elevate the OEMs&#; operations
  • Reduce risk
  • Work seamlessly as one organization
  • Provide strategic operational thinking
  • Ensure that quality processes are backed by industry certifications
  • Adhere to environmental and sustainability standards

Paul Przyby is senior vice president of sales with Optimas Solutions.

Understanding the Fundamentals of Fasteners

Understanding the Fundamentals of Fasteners: Characteristics and Functions

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3 min read

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Dec 18,

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Piping Projects is one of the Top Fasteners Manufacturer in Europe. Fasteners are the unsung heroes of the construction and manufacturing industries, keeping everything together. Fasteners are the backbone of structural stability, from the bridges we traverse to the technological devices we use every day. We shall delve into the key properties and functions of fasteners in this blog, shining light on their relevance and diversity.

The Basics:

1. Types of Fasteners:

Bolts and Nuts : Bolts and nuts are commonly used to connect two or more items.

Screws: Designed to be inserted into fabrics in order to create threads for a firm grip.

Rivets:Ideal for permanent connections, and widely used in the aerospace and automobile sectors.

2. Materials:

Steel: Provides strength and endurance, including corrosion-resistant varieties such as stainless steel.

Aluminum: Lightweight and corrosion-resistant, it is extensively utilized in aeronautical applications.

Brass: It is well-known for its corrosion resistance and appealing look.

Plastics: Used in applications where there is no load to carry since they are lightweight.

Characteristics of Fasteners:

1. Strength:

Fasteners must be able to bear a variety of loads, including tension, shear, and torque.

The fastener&#;s strength is governed by its material, size, and design.

2. Corrosion Resistance:

Corrosion weakens fasteners over time, thus material selection is critical.

Coatings such as zinc plating or galvanization improve corrosion resistance.

3. Temperature Resistance:

Fasteners used in high-temperature applications must be chosen carefully.

High-temperature conditions sometimes require the usage of heat-treated materials or alloys.

4. Fatigue Resistance:

Fasteners can get fatigued by repeated loading and unloading.

Fatigue difficulties may be reduced with proper design and material choices.

Functions of Fasteners:

1. Joining Components:

Fatigue problems may be addressed with correct design and material selection.

Depending on the application and load requirements, several types of fasteners are utilized.

2. Maintaining Structural Integrity:

Fasteners are critical to the overall stability and strength of buildings.

Maintaining integrity requires proper installation and torque standards.

3. Facilitating Disassembly:

Some fasteners are intended to be disassembled easily to allow for repairs or maintenance.

This is critical in sectors where equipment must be inspected on a regular basis.

4. Adjusting and Aligning:

During assembly, fasteners can be utilized to modify and align components.

This is particularly critical in precise engineering and production.Visit Us to Learn More About Our Product in Depth of Fastener Weight Chart, Steel Pipe Weight Chart and Steel Plate Weight Chart.

Fasteners are critical components that keep our world together, offering strength, stability, and dependability. Understanding their properties and functions is critical for picking the appropriate fastener for any particular application. The value of these seemingly little components cannot be emphasized, from the towering buildings to the sophisticated technologies we use every day. The world of fasteners will alter as technology and engineering improve, but their essential role in linking and fastening will stay unchanging.We manufacture Steel Plate, Fasteners, Steel Pipe, and Round bars.

Website: Piping Projects

Also Visit: Fasteners Manufacturer in Europe

Five Key Considerations for OEMs When Selecting Fasteners

The supply chain&#;a term once associated with the logistics, transportation and distribution world&#;has become common in everyone&#;s vocabulary. Unfortunately, because of the COVID-19 crisis and recent geopolitical events, strain remains on the collective supply chain.

Never has this been truer than with fasteners in the off-highway mobile equipment manufacturing sector. From diesel and electric engines to hydraulic systems to electrical components, supply chain disruptions have made providing the equipment that customers want difficult. While fasteners may seem to be a small part of the overall manufactured product, they are especially important components in off-highway machines. Fast fact: Fasteners are about 50% of the bill of material and 1% of the production cost of a typical machine.

How can original equipment manufacturers (OEMs) of off-highway mobile equipment mitigate fastener supply chain challenges? The answer lies in the chosen fastener supplier and what that partner has learned and applied during the past couple years to help OEMs be more competitive.

Optimas SolutionsThe value of a full-service fastener supplier and how a manufacturer works and interacts with that supplier has been reinvented and rethought to help manufacturers improve the supply chain&#;particularly those seeking operational profits, production security and product performance. When working with existing distributors or seeking new ones, OEMs should evaluate a full-service fastener supplier in five key areas&#;risk reduction, inventory optimization, elevating operations, quality, and electrification and environmental considerations. Getting an understanding of their capabilities and approach in these areas will help OEMs develop a long-term supply chain relationship.

Reducing Risk

Lost shipments, lengthy delays and mistakes in orders affect a manufacturer&#;s production. Understanding how a fastener supplier reduces risk is important. One of the first factors to determine is availability. What is the availability of parts, and how does the supplier manage inventory? What is the proximity of distribution centers to see if delivery times can be shortened? What is a supplier&#;s record of on-time delivery in respect to these regional sourcing capabilities?

A measurable positive is if a fastener supplier offers in-house manufacturing capabilities. Seeking domestic or regional sources for components is growing in popularity as a strategy for OEMs to gain more control of the supply chain and shorten lead times.

The ability of a fastener supplier to reduce risk in the supply chain through better parts availability, sourcing capabilities, delivery prowess and manufacturing capabilities will make OEMs meet their customers&#; demands.Optimas Solutions

Optimizing Inventory

Inventory has always been an area to discuss with a potential fastener distributor. However, in this supply-chain challenged era, it is even more important. When discussing inventory, most people think about actual products and goods sitting in a physical plant or warehouse. While this is important, so many more elements must be considered, especially in the current environment.

Optimizing inventory isn&#;t about more. Factors to consider are: 

  • How much of one SKU is available?
  • Where is this item?
  • How fast can it be delivered?
  • What must be done next to get it supplied?  

Understanding a distributor&#;s capabilities in technology-enabled demand planning and replenishment automation is critical. Are these capabilities powered by real-time data? Do they offer key insights to make inventory an operational asset? The ability of a distributor to apply predictive and prescriptive data analytics easily and accurately to inventory management may be a difference maker for OEMs.  

Enhancing Operations

Another area to evaluate is the ability to develop solutions that improve an application, decrease manufacturing costs, add industrial engineering to reduce the number of SKUs in a machine or perform other cost-out activities. In short, a full-service fastener supplier can help OEMs rethink fastener applications in their products to offer better production and performance and reduce costs.Optimas Solutions

Does the supplier have in-house application and manufacturing engineers to design the right fasteners for products? Can they provide heat treating, plating, coating, patching and other secondary processes through one source? In-house tool and die capabilities with immediate access to engineers and machine operators are beneficial in a supplier. The ability of a fastener producer to perform custom work to meet an OEM&#;s demands is essential.

The key is to evaluate suppliers on their ability to be flexible and offer a wide range of services to meet every need. This helps OEMs eliminate complexity, save time, reduce waste, decrease costs, and improve efficiency and reproducibility.

Improving Quality

Well-documented quality levels are a requirement for suppliers. Fastener suppliers must meet industry standards. OEMs should ask for verifications and certifications by standard bodies such as International Organization for Standardization (ISO) and International Automotive Task Force. These certifications validate that a supplier has proven quality processes.

While certification of quality processes throughout the organization is essential, it might be more important in quality lab testing. OEMs don&#;t want a faulty fastener to reduce product performance. Testing parts and mitigating safety hazards by measuring them against standards are important, and one&#;s supplier needs to adhere to such certifications as ISO , among others. It goes without saying that quality best practices by a full-service distributor and their manufacturing suppliers are essential when identifying a fastener partner that you can trust.

Electrification and Environmental Considerations

Manufacturing continues to move toward more environmentally safe and sustainable products and equipment. Because of this, fastener manufacturers and distributors must help OEMs embrace and figure out how to advance electrification and other environmental considerations in their mobile vehicles and components. Therefore, OEMs must understand the strategies of fastener producers and distributors in the following areas:

  • Technological advances
  • Use cases that will validate production and performance enhancements in the future

The future of electrification is undeniably bright. The overall focus on the environment, sustainability and other best practices in manufacturing will only increase. When evaluating a fastener supplier OEMs must understand the supplier&#;s strategic approaches in both areas.Optimas Solutions

Conclusion

Many exciting opportunities are available for off-highway OEMs in the coming years. With rising focus on environmentally friendly equipment and federal investments in infrastructure, examining how fastener partners and their technology fit into equipment manufacturing benefits OEMs&#; production, lead times, and many other factors.

Working with a full-service fastener supplier can benefit OEMs if they approach it through a 360-degree lens. The relationship can be a partnership because full-service fastener suppliers will understand how to:        

  • Help elevate the OEMs&#; operations
  • Reduce risk
  • Work seamlessly as one organization
  • Provide strategic operational thinking
  • Ensure that quality processes are backed by industry certifications
  • Adhere to environmental and sustainability standards

Paul Przyby is senior vice president of sales with Optimas Solutions.

Understanding the Fundamentals of Fasteners

Understanding the Fundamentals of Fasteners: Characteristics and Functions

socialpipingprojectseu

·

Follow

3 min read

·

Dec 18,

--

Piping Projects is one of the Top Fasteners ManufacturerFasteners Manufacturer in Europe. Fasteners are the unsung heroes of the construction and manufacturing industries, keeping everything together. Fasteners are the backbone of structural stability, from the bridges we traverse to the technological devices we use every day. We shall delve into the key properties and functions of fasteners in this blog, shining light on their relevance and diversity.

The Basics:

1. Types of Fasteners:

Bolts and Nuts : Bolts and nuts are commonly used to connect two or more items.

Screws: Designed to be inserted into fabrics in order to create threads for a firm grip.

Rivets:Ideal for permanent connections, and widely used in the aerospace and automobile sectors.

2. Materials:

Steel: Provides strength and endurance, including corrosion-resistant varieties such as stainless steel.

Aluminum: Lightweight and corrosion-resistant, it is extensively utilized in aeronautical applications.

Brass: It is well-known for its corrosion resistance and appealing look.

Plastics: Used in applications where there is no load to carry since they are lightweight.

Characteristics of Fasteners:

1. Strength:

Fasteners must be able to bear a variety of loads, including tension, shear, and torque.

The fastener&#;s strength is governed by its material, size, and design.

2. Corrosion Resistance:

Corrosion weakens fasteners over time, thus material selection is critical.

Coatings such as zinc plating or galvanization improve corrosion resistance.

3. Temperature Resistance:

Fasteners used in high-temperature applications must be chosen carefully.

High-temperature conditions sometimes require the usage of heat-treated materials or alloys.

4. Fatigue Resistance:

Fasteners can get fatigued by repeated loading and unloading.

Fatigue difficulties may be reduced with proper design and material choices.

Functions of Fasteners:

1. Joining Components:

Fatigue problems may be addressed with correct design and material selection.

Depending on the application and load requirements, several types of fasteners are utilized.

2. Maintaining Structural Integrity:

Fasteners are critical to the overall stability and strength of buildings.

Maintaining integrity requires proper installation and torque standards.

3. Facilitating Disassembly:

Some fasteners are intended to be disassembled easily to allow for repairs or maintenance.

This is critical in sectors where equipment must be inspected on a regular basis.

4. Adjusting and Aligning:

During assembly, fasteners can be utilized to modify and align components.

This is particularly critical in precise engineering and production.Visit Us to Learn More About Our Product in Depth of Fastener Weight Chart, Steel Pipe Weight Chart and Steel Plate Weight Chart.

Fasteners are critical components that keep our world together, offering strength, stability, and dependability. Understanding their properties and functions is critical for picking the appropriate fastener for any particular application. The value of these seemingly little components cannot be emphasized, from the towering buildings to the sophisticated technologies we use every day. The world of fasteners will alter as technology and engineering improve, but their essential role in linking and fastening will stay unchanging.We manufacture Steel Plate, Fasteners, Steel Pipe, and Round bars.

Website: Piping Projects

Also Visit: Fasteners Manufacturer in Europe