Challenge Europe announced its partnership capabilities for sourcing and supply chain management of threaded fasteners on a specialist basis. This covers threaded products and related items from screws and bolts to nuts, washers, security fasteners, inserts and custom fasteners.
Its expert team is able to partner with assemblers/manufacturers and to offer contributions to cost control and pricing strategies by minimizing administration costs, achieved by applying experience and appropriate technology, e.g. VMI. This enables it to deploy pay-as-you-use charging so reducing customer inventory costs to spread cash flow and by dealing with environmental issues to minimize the impact of manufacturing processes.
In addition, it assists partners by responding to urgent or short-term custom manufacturing of fasteners from its own in-house facility. This capability is ideal for small quantities and extends to partnering arrangements with fabricators and finishers so that it can cover a wide range of items from specialist threaded fasteners to sheet metal or cast fixings.