Booknotes
At NYF, we are always reading to ensure NYF's ability to evolve and remain on the forefront of the industry. As an aggressive competitor, we have compiled a list of reviews for our customers.
Some of the short introductions have been written by our staff. Other introductions have been sent to us by professionals who found a book to be of particular value. If you develop a strong interest in any given book, you can purchase the book direcly from Amazon.com. We would be interested in hearing what books were of interest to you. Please send us your notes. (more...)
Industry Statistics
U.S. OEMs use more than $6.3 billion of industrial fasteners annually. The primary users are the automotive, aerospace/defense, electronics, and commercial industries. The state of the fastener industry closely follows the U.S. economy in general, and the respective niches specifically. The trend in the industry is expected to be strong - growing about 3.7% annually - reaching over $9.1 billion in 2007. (more...)
Best Practices
Each 2 or 3 years, Arthur Anderson in conjunction with the National Association of Wholesalers, performs an analysis of the distribution industry. Recently, Arthur Anderson published their study entitled Facing the Forces of Change.
This analysis provided our industry with a comprehensive study of the distribution (BEST PRACTICES). Following is a reprint of the seven matrices, along with the quadrant definitions which are the heart of the practices.
Customers would be advised to compare their current fastener distribution practices with the Best Practices presented here. For a complete copy of the Best Practices Study, please contact NAW. (more...)
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