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Industrial Fasteners Inc.Company Presentation
Industrial Solutions Company
Industrial Fasteners Inc.
• Founded 1984
• Solution Based
• Valmont Owned
©2007 Valmont Industries, Inc. All rights reserved
more specializedmore directablemore flexiblemore professionalmore productive.
Why Industrial Fasteners?
Why not IFI? Most committed Industrial Supplier!
• Valmont Endorsed Programs• Expense Retention Benefit• National Support System• Local Inventory- Employees• Shared Cost Reduction Initiatives and Inventory
Reduction • Cost Savings Documentation• Expanded Industrial Product Lines • Solution Based Specific to Industry
Industrial Fastener Shipping & Delivery
• Company-Owned Fleet• Localized Delivery Service Available• Modern Tracking Capable-Scanners• 24-Hour Emergency Service availability• Contracted Rate Systems • Manufacture Direct Brokerage & Imports• Accountability-On Time shipments
Modern Tracking CapacityIndustrial Fasteners
Industrial Fasteners- Key Suppliers
What is Time Worth?Consolidation Saves Money!
MIL-SPEC Certified Products Available
Industrial Fastener Products
Drill bitsReamersSaw BladesTaps& DieEnd millsInserts
Emergency Response Center
safety glasseshard hatsRespiratory productsprotective clothingfirst aid supplieseye wash stationsfire extinguishersglovesand much more
Developing New Lines
INVENTORY CONTROL
POINT OF USELEAN TECHNOLOGY
VENDING SYSTEMS
BAR CODES /DATA
NEW Areas of Opportunity
Bin Stock Systems
• Penetrating Spray Lubricants
• Diesel Fuel Algea Solutions
• Engine Oil Energizers
• Water Soluble Cutting Fluids
POWER TOOLS & PNEUMATICS
• Electric• Cordless• Pneumatic• HAND
VENDING CAPABILITIES
Industrial Fasteners USA Custom Managed Systems
Service Capabilities
• ISO Vendor Accountability• A2LA Accredited Vendors• Q.A.Programs • Traceable Products• Vendor Audit Program • Domestic Certification
Industrial Fasteners USA Mil-spec Quality Assurance
Special Manufacturing Opportunities
SPECIAL MANUFACTURING Specials Manufactured to Customer
Requirementsand Lead Times• Specialty Products To Customer Print• CAD/CAM Design- • Reverse Engineering- OEM Parts• Industrial Fabrication Design and Development
Advantages to Managed Inventory Systems
Industrial Fasteners USA Lean Manufacturing
• Eliminates Procurement Costs• Eliminates Process Costs
- Material Handling- Inventory Management- Material Disbursement- Expense Retention
• Reduces Freight Cost• Reduces Floor Space Requirements• Creates Single Source Vendor
Company’s Service Capabilities
Accountability Systems Continuous Improvement
• System Mapping Process Includes- Tour of Facility- Discussion of Program Goals - Customer Specific- Inventory Evaluations by Facility- Q. C. Review -- Service Program Requirements per Customer- Establish Timeline - Document Process Cost Saving- CONTINUOUS IMPROVEMENT!!
Cost Analysis Study- Valmont SAVINGS EXAMPLE
Industrial Fasteners Total Analysis 70% SAVINGS!!
Monthly Usage @ facility $ 50,000.00
IFI REDUCED to $ 47,500.00
VMI % Savings
Possession Cost- Inventory $ 50,625.00 $ 12,812.50 74.69%Acquisition Cost- PO’s/RFP $113,350.00 $ 3,345.17 97.05%
Total Costs $213,975.00 $ 63,657.67
Total Savings $150,317.33 70.25%
Industrial Fasteners USA Why not IFI?
Cost Reduction Summary
Vendor Reduction/Single SourcingReduced On-Hand InventoryStandardize PartsEliminate Obsolete InventoryVMI Programs (Vendor Managed Inventory)Reduce FreightPoint of UseEDI / EFT OpportunitiesStoreroom Management
Why IFI Company?
Why not Industrial Fasteners?
• Committed To Valmont • The Resources and Technology• Quality Distribution System /Flexibility• Local Inventory/ Profit Retention/ Assured
Success/ Accountability/ Valmont Employee• Pro-Active Expense Solutions• Kaizen, Six-Sigma, Lean, Compatible Programs
in place• Company Endorsed/Priority Spend Retention• AOP REBATE= WIN FOR EVERYONE
The IFI team greatly appreciates your business!We are dedicated to earn it and diligent to keep it.