EFC International, a leading supplier of engineered fasteners, with corporate office in St. Louis, Missouri, has announced the implementation of their worldwide globalization strategy with the opening of offices and warehouses in China, South Korea, and Germany

Expanding its global footprint and investing in key strategic global markets, EFC ensures both supplier and customer needs are met.   “EFC’s physical presence in these countries enhances our relations, providing local support and value by offering a simpler, more cost-efficient way to manage the supply chain, “ said Guenter Retkowski, Vice President of International Sales.

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The FCH Sourcing Network has teamed up with the Fastener Training Institute for a fourth year to announce the promotion and selection of a scholarship candidate who will be awarded full tuition to the Fastener Training Institute course, “Fastener Training Week”. Once completed, the course qualifies students to sit for the Certified Fastener Specialist exam, a distinguished industry credential.

To qualify for selection, candidates must work within the fastener industry and must submit a brief essay, approximately 300 words in length. The essay should address the importance of training in the fastener industry, and the impact of training on the candidate's career. Candidates can be nominated by owners or managers, who are welcome to submit an essay on behalf of a nominated candidate. There is a limit of one nominated candidate per company if the nomination is being made by a manager on behalf of a candidate, however, there is no limit to the number of individual candidates from any given company who submit an essay on their own behalf.

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Megliola brings decades of fastener experience honed across sales, marketing, and operations.

Vertex Distribution, a division of HWC (NASDAQ: HWCC), is pleased to announce that Richard "Rich" Megliola has joined the team as President of Vertex Distribution. Rich began his career in the fastener industry after acquiring a degree in Marketing from Kean University when he took an Inside Sales Representative role at Reynolds Fasteners, Inc. During Rich’s long career at Reynolds, he helped grow sales from $29 to $200 million while rising to the role of Vice President of Sales & Operations. He was named president of Reynolds Fasteners’ sister company Atlas Screw & Specialty Corporation after they were acquired by Heads and Threads International, LLC. Following leadership roles with Stelfast Inc.as COO and Titan Fastener Products Inc. as EVP, Rich was named Director of Sales North America for Acument Global Technology, a division of the world’s largest fastener manufacturer with over $1.2 billion in annual sales, Fontana Gruppo Special Fasteners. Rich is married with 2 children and resides just outside of Chicago. Rich is currently serving as a Board Member

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Cloud ERP is growing. In fact, based on a 2016 Report on ERP (Enterprise Resource Planning) Systems and Enterprise Software by Panorama Consulting Solutions, Cloud ERP deployments have risen from 11% to 27% since 2015 (based on 215 study respondents). Why? Distributors are doing the research and are understanding the verifiable benefits that come with Cloud ERP.

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What Makes Retaining Rings the Right Solution?

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COMPANY NEWS


Ryan Waychoff has joined the Advance sales team as a Regional Sales Manager. Ryan previously worked in field sales at Fastenal and in the construction industry where he excelled in helping clients find the best solutions. A graduate from Oklahoma State University, Ryan is a newlywed, roots for the Atlanta Braves, enjoys hunting, fishing, photography and playing the guitar. Contact Ryan at ryanw@advancecomponents.com or 972-446-5505.

 

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Tonawanda, NY May 31, 2017 Sherex Fastening Solutions, a global leader in engineered fasteners, tooling, and automation, is pleased to announce the launch of a new wedge locking washer product line. 

“The TEC Series product line adds another fastening solution to our portfolio, continuing our 35 year tradition of developing innovative, lowest total installed cost fastening solutions for our valued customers,” says President Adam Pratt, "TEC Series washers are a high quality, high performance, cost-effective solution to the challenge of securing joints that experience severe vibration and load.” 

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The 27th Edition of the Distribution Software Guide has become the most used directory for wholesale distributors looking to replace or upgrade their existing business software. The guide provides detailed vendor information including feature matrixes for Enterprise Distribution and Complementary Solutions. Request Print Copies at http://www.software4distributors.com/vendor/resources_dist_software_guide_login.aspx 

In response to market demand, the 11th Edition of the Manufacturing Software Guide has been developed to meet the unique needs of the manufacturing supply chain community. This guide includes detailed vendor pages, company demographics, product information, and a feature matrix. Request Print Copies at http://www.software4distributors.com/vendor/resources_manufacturing_software_guide_login.aspx

 

We are happy to report that once again the students rose to the challenge and came up with designs that not only met the contest requirements but also demonstrated their grasp of sound engineering principles.

Mack Brooks Exhibitions Group, organizers of the Fastener Fair exhibitions taking place globally, announce the launch of Fastener Fair USA. The first edition of this unique industrial fastener and fixing show will take place April 11-12, 2018 at the Huntington Convention Center in Cleveland, OH. 

Fastener Fair USA will be the premier event bringing together manufacturers, distributors, suppliers and end users in the region’s only dedicated fastener, fixing, and joining technology exhibition. The show will offer a first-hand look at the latest solutions and technology available in the marketplace, as well as a top-notch educational program developed and delivered by industry experts. There will also be networking events to facilitate relationships and collaborations with industry peers.

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From Distribution One

To many people, the terms “ERP” (Enterprise Resource Planning) and “Accounting Software” are interchangeable. This misconception, however, ends up being a detriment to companies when purchasing decisions are based on the comparison of two distinctly different product categories.

So what is the difference between ERP and accounting software? In short, accounting programs are merely a subset of the core ERP software capabilities and represent a fraction of the functionality provided by comprehensive ERP. This truth, however, is just the tip of the iceberg.

Accounting software
Predictably, accounting software deals with the financial aspect of operations by recording business transactions: AR/AP, journal entries, and general ledger utilized to produce basic financial reports like income statements and balance sheets. Due to this specified but limited focus, the accounting software market has experienced some instability with providers resorting to buyouts or ceasing operations altogether. Why?

Accounting software provides a good snapshot of a company’s financial health today but lacks the ability to anticipate tomorrow. Without data-driven forecasting, companies base business decisions primarily on SWAG (Scientific Wild Assumption Guessing) to predict supply and demand for products and services causing many to fall short of their profitability goals.

ERP software
Accounting functionality comprises just one subset of the overall solution. ERP’s main objective is to facilitate the day-to-day management of business operations by incorporating data from multiple aspects of the business into a seamless and comprehensive information system. ERP encompasses: Order Entry, Financials, CRM, Reporting, Purchasing, Inventory Control, Warehouse Management (automation/scanning), Serial/Lot Control, QC Tracking, Label Generation, Kitting/Assembly, Secondary Processing, and more along with supplementary functionality of E-commerce, API, EDI, and Mobile Apps. 

By accurately processing and analyzing data through these company-wide functions, ERP software delivers forecasting integral to improving the timing of sales and inventory, detecting process deficiencies, and identifying strategic enhancements for growing productivity and competitive advantage. 

What's Best for You?
Because businesses demand a more complete, comprehensive software solution, ERP continues to consume the accounting software market. Understanding the differences in software functionality is critical to your company’s near and long-term success. If you’re currently investigating software options for your enterprise, please contact me with questions on comparing apples to apples.

Steve Monks
Sales Executive

Recently, Rotor Clip engineers showcased their abilities to create custom parts and tools by introducing an interlocking spiral retaining ring. Utilizing a standard DCR non-interlocking spiral ring, Rotor Clip was able to engineer a custom tooling process to produce a new DCR-LS interlocking spiral retaining ring. 

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From entrepreneur.com

Change is always awkward at first, but it gets easier with practice. Take a moment and cross your arms. Now, cross them in the opposite direction. Which way was more awkward? READ MORE.


This contest is Rotor Clip’s contribution to the STEAM initiative that encourages students to think critically and have an engineering or design approach towards real-world problems while building on their accumulated, theoretical knowledge of mathematics and science.

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If you've ever researched ERP software, you've encountered the acronym API. You may have read that APIs are essential to external data access. This is certainly a true statement. However, if you have questions as to why this is true, let's begin by asking the following:

What is API and what does it mean to ERP?

An Application Program Interface (API) defines the way software and external programs interact. In Enterprise Resource Planning (ERP), APIs are necessary to ensuring that the ERP application data is accessible to other programs. 

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Fastening Systems Engineered For Performance™

THE FASTENER FIX

MS/NAS Products

Sherex Fastening Solutions offers full lines of NAS and MS rivet nuts for the aerospace, military, defense, and general industrial markets; meeting NAS 1329, NAS 1330, and MS27130 standards.

Flat Head and Countersunk Head styles are available as open or closed ended, keyed or keyless styles, in sizes ranging from #4 to 1/2". All styles are available in alloy steel, aluminum, 430 stainless steel, 316 stainless steel, and brass.

Sherex Akron Facility

Sherex produces all of our NAS/MS products and many other standard and custom parts in our AS9100 and ISO 9001:2008 certified production plant, located in Akron, Ohio (CAGE Codes 7EK30 and 4JQL4). With a minimum order quantity of only 100 pieces, a lead time of 8 weeks or less on rivet nuts, a wide range of equipment, and our world class engineering and sales support, Sherex Akron can facilitate the design and production of thousands of unique NAS/MS fasteners, screw machine parts, and custom fasteners for all kinds of applications, all while offering customers the best possible fastening solutions at the lowest total installed cost.

Sherex Sponsors Collegiate Support Program for Foster Youth

Sherex Fastening Solutions has sponsored an IDEA Project at the University of Kentucky focused on helping and supporting foster youth to pursue a higher education. "Sherex's support for the University of Kentucky's project will fund new strategies to support foster youth at UKY and on other U.S. college campuses", said Brad Mazon, Director of Fundraising and Advancement at IDEA. "Thanks to Sherex and to Sherex President Adam Pratt for your leadership on this!"

Westgate Las Vegas Resort & Casino is the official hotel for this year’s National Industrial Fastener & Mill Supply Expo

NIFMSE moves Welcome Reception party to the pool area at the Westgate, locks down lowest hotel rates, and added amenities for attendees, exhibitors and their guests during stay.

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Record breaking numbers for the show in all 3 categories—exhibit space, exhibitors, and total number of attendees in 2016

For the first time in its show history, the National Industrial Fastener & Mill Supply Expo (NIFMSE) is named on the list of Trade ShowNews Network’s Trade (TSNN) Top 250 Trade Shows and Trade Show Executive’s (TSE) Fastest 50 Winners. TSNN’s list represents the top 250 trade shows held last year in the United States and is ranked by net square footage. At just under 100,000 square feet, NIFMSE is recognized and awarded amongst other top winners.

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