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FAST Solutions Bin Stock

Are you looking to control inventory build-up, improve data, or eliminate stock outages? Fastenal can help by executing a custom program that brings planning, visibility, and efficiency to your bin stock process. Leverage our expertise and resources to reduce inventory, touches, and total costs.

Technology
Solutions to visualize inventory, automate replenishment, and simplify purchasing.

Proximity
Rely on our local stocking model to reduce inventory with confidence.

Service
A dedicated local resource who will visit regularly, engage personally, and react quickly.

Organization
Utilizing lean concepts and professional labeling to make product easy to access.

Visibility
Track usage by location, GL code, and other metrics YOU want to see.

Spend Less, Do More.

For class c spend, the bulk of the cost isn’t in the price, it’s in the process – from cutting a P.O. to putting the product away. An even bigger factor is opportunity cost, the working capital tied up in inventory, the talent wasted on repetitive tasks, the production lost due to missing or hard-to-find parts. At Fastenal, we strive to deliver value that goes well beyond piece price, helping your business not only spend less, but do more of what you do best.

Decrease Spend – Through vendor consolidation and efficient category management.	Reduce Freight Expenses – Through careful inventory planning and utilization of our transportation fleet.
Improve Working Capital – We stock your inventory needs locally ... so you don’t have to.	Increase Productivity – By making product perpetually available and easily accessible.

1. FAST 360° – Analyze the spend dynamics behind each part and view on-hand inventory by location, down to the individual bin position.

2. Fastenal Managed Inventory – We offer a full lineup of non-automated bins, shelving, and cabinets to support wide-ranging product needs.

3. Onsite – Providing custom consigned inventory and full-time supply chain experts within your four walls as part of an integrated partnership.

4. Logistics – Ensuring a consistent flow of product – from our regional DC, to your local branch (or onsite), and ultimately to the point-of-use.

5. Multi-Level Support – Including our local service team, our regional distribution center team, district and regional leadership, lean consulting/implementation specialists, and engineers to assist with fastener selection, applications, and design.

6. FAST Bin - RFID – Automating your Kanban stocking location.

7. FAST Bin - Infrared – Bringing automation and visibility to production line consumables at the point of use.

8. FAST Bin - Scale – View real-time inventory levels of the parts in your production environment.

Extending 'The Internet of Things' to Everyday Supplies

Use our FAST Bin℠ technology to digitally view your current on-hand inventory and automate the replenishment process – bringing additional visibility and peace of mind for critical parts.

A multi-bin Kanban concept utilizing RFID technology to signal when a bin is empty

Point-of-use solution utilizing IR beams to report current levels

Equipped with precision load sensors to report exact quantity on hand

A 360° View of Your Inventory

Visualize exactly where inventory is located in your facilities, down to the individual bin position. It’s just one of several unique features of our FAST 360° reporting dashboard.

Local Service, Global Strength

Fastenal has been a pioneer in industrial VMI since the early 1970s (before the term ‘VMI’ even existed). Over the years this service has become absolutely central to who we are: a supply chain partner who’s ‘local’ enough to handle the heavy lifting of material management, but ‘global’ enough to bring true value to the venture in terms of sourcing, logistics, quality assurance, implementation, and engineering and lean six sigma consultation.

Local Service Global Strength

Self-Service Solutions

Prefer to handle inventory monitoring and ordering internally? Utilize our self-service scanning solution, FAST Scan®, to process orders with a single click. Delivery is flexible (if desired, we can put the product away); and just like our Fastenal-managed programs, we’ll provide custom reporting to meet your needs.

A Great Solutions Begins With a Good Conversation

Your team is great at what you do. Our job is to take away supply-related costs, burdens, and inefficiencies so you can shine.

Pierce Manufacturing
One of the biggest wins was getting the Fastenal vending machines here on the floor at the point of use. It ultimately benefits our customers because instead of chasing down parts and tools, we're devoting our resources and time to building them a quality firefighting apparatus. We're able to focus on getting them the right equipment, exactly as they ordered it, to exceed their expectations.

– Terry Walsdorf, Engineer, Fire Suppression Systems, Pierce Manufacturing

School Board of Sarasota County
Something we follow very closely is the cost per square foot for maintenance and custodial,” said Jody Dumas, executive director of facilities planning and construction. “The lower we can drive those numbers, the more money is available for students in the classroom. So I’m very proud when we’re able to operate effectively and efficiently.

UMC
Industry: Construction
Solutions: Onsite, Vending, National Accounts, Safety, Integrated

Objectives:

• Onsite, Real-Time Inventory
• Supply Chain Management
• Inventory on Consignment
• Change Order Efficiency
• Freed-up to Refocus on Innovation
• Vending on Jobsites and Fabrication Sites
• Accountability and Traceability with Cost Management

Sellen Construction
Being able to manage our supply chain in partnership with Fastenal has really enabled us to deliver that quality at every single point along the job. It takes one more variable out of the equation.

– Adam Rohde, Vice President

Sundowner Trailers
Fastenal establishing an Onsite facility here at Sundowner has actually increased production. Especially with the vending program that Fastenal has implemented; I would say it increased production within the first month, probably 10-15%.

– Mike Mason, Purchasing Manager

Triumph Fabrications
[Fastenal allows] us to reallocate all of those resources so that we are focusing on the things that make us money – getting parts out to the customers on time. We have that level of trust in that partnership that they’re going to be there, right there with us, and have the products we need when we need them.

– Billie McMillian, Program Manager

Conroe Machine
Prior to Fastenal, we were issuing something like 500 safety glasses a month. It was an item that was completely out of control, which forced me to have to manage it myself. Through the vending system that Fastenal offered, Fastenal was able to put in dispensing controls so that I can have a safety glasses inventory regulated by person, by month. It was a very easy way to take our 500 safety glasses a month down to 10 a month — and the right people are getting them.

– David Van De Walle, Quality, Health, Safety & Environmental Manager

Cirrus Aircraft
We know exactly where, and who, is using that product. If we want somebody to only use a specific wipe on a composite material, that’s all they have access to. We know what drill bits are being used, what alodine pens, and how many alodine pens, we’re using. So, we really targeted the consumption side as well as the cost side with vending.

– Rick Hollander, VP of Manufacturing & Supply Chain

IEA
[Fastenal] always said that when we need product, it’ll be there, and they’ve never gone back on their word with that. They’ve always come to us with cost savings, profitability ideas, and technology. Fastenal has impressed me, and I think they’ve impressed the whole company.

– Ryan Moran, Supply Chain Specialist

Shoreline Metal Fabricators
I’ve been working with Fastenal for over 16 years — the entire time our company has been around and in business. They do a great job servicing [the machines] here. They’re here every day taking care of it in the morning. […] It’s put a sense in our people that they don’t have to take extra to make sure they have enough for the next project. They just go to the vending machine, punch in their code, and they get the product. […] As far as consumables go, our costs are down just over 20%. […] That just shows how fast consumables can get out of hand.

– Gary Bird, President

City of Redlands
Normally you see private companies taking the lead with this kind of supply chain innovation. I’m proud that the City of Redlands is setting an example not only for other cities of our size across the state and nation, but also for private industry.

– Dana Abramovitz, City Purchasing Services Manager

Lakeshore Technologies
It essentially does the job of an inventory control manager. We’ve cut inventory by at least 75%, and we’ve seen a huge drop in consumption, because people are accountable for what they’re using. […] The biggest thing, from a reporting standpoint, is being able to clearly see that usage jibes with what it’s supposed to be. That’s huge for us.

– Ricardo Lopez, VP of Operations, Lakeshore Technologies