The Fastener Distributor Index (FDI) in March asked respondents to weigh in with their feelings about operating conditions as the COVID-19 hysteria began to hit North America. With stronger than average survey participation, 62% of respondents said there would be either a minor or major shift of manufacturing back to the U.S. as a result […]
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To increase the number of sales inquires from your FCH listings, follow the lead of top performing network members. Here are a few strategies they have in common. 1. List as Much Inventory as Possible Thousands of searches per week take place on FCH Sourcing Network and on any given day there can be over […]
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Economic distress in the wake of the COVID-19 shutdown suggests deteriorating trade relations between China and the U.S. according to the newest Fastener Distributor Index (FDI) survey, completed April 3, 2020. The survey of North American privately held distributors of industrial fasteners also revealed that respondents feel the turmoil would result in only minor shifting […]
Fastener Fair USA 2020 Moved to July 13-15 Originally scheduled for May, Fastener Fair USA 2020 has been postponed to July 13-15, 2020, at the Charlotte Convention Center. In a press release, Randy Field, Group Vice Presnt, Reed Exhibitions states, “Our number one priority is the health and safety of our exhibitors, attendees, industry partners […]
Fully Threaded Radio Episode 150 “Quarantined” was published March 19, 2020. The fastener industry was interviewed at the precipice of dramatic upheaval during the recent Pac-West/NFDA joint conference. None could have foreseen what was actually soon to unfold at the time FTR placed its microphone in front of industry fixtures Frank DeVito, Heidi Volltrauer, Jun Xu, Doug Ruggles, John […]
Read More… from Episode 150 of Fully Threaded Radio is LIVE!
The Spring edition of Link Magazine features a story that underscores the importance of using the web and developing services as a way to insulate your company from increasing competition from marketplaces. The dreaded “Amazon effect” is the most frequently mentioned, but the field of competitors is growing as industry titans such as Grainger expand […]
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The fastener industry was interviewed at the precipice of dramatic upheaval during the recent Pac-West/NFDA joint conference. None could have foreseen what was actually soon to unfold at the time FTR placed its microphone in front of industry fixtures Frank DeVito, Heidi Volltrauer, Jun Xu, Doug Ruggles, John “Cool Hand” Butler, Jim Howard, Hans Fuller, […]
Handling customer complaints about the crests of the threads on fasteners This edition of the Fastener Training Minute with Carmen Vertullo was originally published March 19, 2020 as “Thread Crests” during episode 150 of Fully Threaded Radio. What do I do if my customer complains about the crests of the threads on my fasteners? I got a recent […]
Are services the critical factor for distributor survival in the new market? What caused the dramatic shift in the FDI reading? Which fastener association is best dressed? MWFA president Paula Evitts along with fellow officer, the debonair George Hunt III of Brighton Best, share their view of the fastener biz as they preview a quasi-milestone […]
What are the problems with Grade A194 2-H and Grade A563 DH heavy hex nuts. This edition of the Fastener Training Minute with Carmen Vertullo was originally published February 19, 2020 as “Heavy Hex Nuts” during episode 149 of Fully Threaded Radio. Galvanized Heavy Hex Nuts come in a couple of different flavors in the […]
