We’ve spoken a lot recently regarding what has been one of the most challenging times ever in the history of the fastener business. First, the pandemic, then the Russo-Ukrainian War, and, more recently, sky-high inflation. And on top of all that, Brexit is still posing some challenges.
But, despite all these issues, Leyton Fasteners has managed to help secure the fasteners you need by taking several preemptive steps. So let’s walk you through what we’re doing to ensure you have the fasteners you depend upon for your ongoing projects.
Maintaining High Levels of Stock in our Warehouse
One of the first things we did upon seeing this perfect storm unfolding was increasing our stockholding. We took the plunge and invested heavily to increase our stockholding by 25%, a move that has put us in a much stronger position to weather the current challenges.
It’s a move that has paid dividends, particularly recently, as we field enquiries from customers further and further afield, unable to source the fasteners they need locally. Our increased stockholding has ensured we can still meet the needs of these customers, even when other suppliers have let them down.
Building Strong Relationships with Alternative Suppliers
At Leyton Fasteners, this whole crisis has helped us understand that you’re only as strong as the weakest link in your supply chain. That’s why another one of our priorities has been diversifying our supplier base.
We’ve always had strong relationships with our suppliers. Still, we’re now also building relationships with alternative suppliers to ensure we can fulfil customer orders, even if our primary supplier(s) are facing difficulties.
This has been a key factor in our ability to continue supplying fasteners to our regular customers throughout this crisis.
Reviewing and Communicating Our Prices Regularly
While we always endeavour to keep our prices as keen as possible, there’s only so much we can do when the price of raw materials and transport costs are increasing so rapidly. While the moves we’ve made have helped us to keep prices relatively stable, we understand that this might not always be possible in future.
That’s why we’ve committed to reviewing our prices regularly and communicating any changes to our customers as soon as possible. This way, you can plan ahead for any rises and ensure your projects stay on budget.
Working Closely with Our Customers to Understand Your Needs
Close collaboration with our customers is one of the best defences against ongoing price rises and disruption to supply. We work closely with you to understand your needs and help you to plan your projects accordingly.
This strategy has been more important than ever over the past few months as we’ve helped many of our customers source fasteners in advance of their requirements – enabling them to avoid the worst of the price rises and supply issues by effectively “hedging” their supplies.
Of course, we understand that this isn’t always possible, but by closening ties with you, our customers, we can at least help you to plan as best as possible and be ready to react quickly should the need arise.
Contact Leyton Fasteners Today to Secure the Fasteners You Need
If you have any concerns about your fastener supplies or if you need help sourcing a particular fastener, please don’t hesitate to get in touch. We’ll be more than happy to help where we can.
We stock a vast range of fasteners and fixings. Plus, we have one the country’s largest repositories of obsolete and hard-to-find fasteners, so even if you think your fastener is no longer manufactured, there’s a good chance we’ll be able to help.
Get in touch with us today to discuss your requirements, or feel free to browse our new online shop. Alternatively, you can pop down to our trade counter to have a chat with a member of our team. We’re always happy to help.