Supply chain analytics: 5 tips for smoother logistics
The worldwide supply chain challenges that plagued companies in multiple industries throughout 2021 are continuing this year. One potentially effective solution for addressing supply and demand issues is to leverage data analytics.
Optimas Open Two New Distribution Facilities
October 14, 2021 | Optimas Solutions has opened two new UK distribution facilities in Birmingham Trade Park and Aycliffe Business Park, Newton Aycliffe, both strategically chosen for their ease of access to main transport routes and to allow the rapid deployment of parts and service provision to key regional customers.
Sheet Metal Fastening, No Nuts Required
Supply chain crunch brings hardware challenges to the fore for metal fabrication shops.
2021’s supply chain challenges have led to some absurd realities, proving that even the smallest ripple can grow into waves of disruption. According to one representative at a major contract metal fabricator based in the upper Midwest, the company experienced major project delays not due to sheet metal shortages or even labor challenges. Weld nuts, it turned out, were to blame.
Cash is King – Examining the Cash Conversion Cycle
Cash is king — well almost. It is hard to argue with the old adage that ‘cash is king’, but maybe in the fastener manufacturing and distribution industries the phrase would be better coined as ‘cash conversion is king’. As one could imagine, an industry such as fasteners needs to rely heavily on how cash conversion is managed and leveraged to make a company successful.