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There are many different costs associated with running a business. Contractors of any size know that besides labor and materials, there are also administrative and overhead costs. All of these expenses can add up quickly and a skilled project manager knows how to keep them under control. The cost of maintaining an inventory and handling […]

There are many different costs associated with running a business. Contractors of any size know that besides labor and materials, there are also administrative and overhead costs. All of these expenses can add up quickly and a skilled project manager knows how to keep them under control. The cost of maintaining an inventory and handling materials is often more than the budget can handle. Ordering the Building Fasteners such as Tek Screws, Heavy Hex Bolts or Headcote Screws as they are required is one of the easiest ways to manage this particular expense.

How That System Works To Your Advantage
Keeping a constant stock of the building fasteners commonly used by your company can get complicated. You will need to have space to store these components, an inventory system to keep accurate records of the amounts and value on hand, as well as staff to manage the shipping and receiving end.
All of these costs can be avoided when you simply order the fasteners as they are required.
Depending on how large the building project is, there may be space to store the fasteners on site. This would allow you to put in the purchase order as soon as construction begins. But with no secure place available it is best to place orders as the materials are needed.
Won't This Style of Ordering Actually Add to the Cost?
It's true that the cost of fasteners is much lower when the product is ordered in bulk. A large shipment of screws, bolts, nuts and washers will likely come with generous discounts and a one-time freight charge. However, as long as you are still ordering the product in sufficiently large quantities (bulk boxes or pallets of boxes, as opposed to smaller containers or bins) you can still expect to save money on the list price. And the money you save by eliminating those handling fees will more than make up for any difference.
It pays to order building fasteners on a job-by-job basis. Not only will this type of materials management save you plenty of hassle, but it will be much cheaper in the long run. Remember that for your next project, no matter how large or small.

About the Author

Larry Melone
By Larry Melone
President

Started my career in the fastener world in 1969 at, Parker Kalon Corp. a NJ based screw manufacturer located in Clifton, NJ working in inventory control, scheduling secondary production and concluding there in purchasing. In 1971 I accepted a sales position at Star Stainless Screw Co., Totowa, NJ working in inside sales and later as an outside salesman, having a successful career at Star I had the desire with a friend to start our own fastener distribution company in 1980 named: Divspec, Kenilworth, NJ. This was a successful adventure but ended in 1985 with me starting Melfast in August 1985 and have stayed competitive and successful to date. Melfast serves the OEM market with approximately 400 accounts nationally.

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