Trying to source a hard to find fastener? Looking for a specific “brand name” or trademarked fastener? Trying to break into new markets and attract new customers? Mike McGuire wants to help. Yes, that Mike McGuire. The guy who started the fastener show, sold it to Emerald Expositions and tried to retire. The idea was nice but Mike is a long time entrepreneur and sitting still did not sit well with him. Never has. So, Mike has dived right back in to the fastener industry and is launching a new website called Worldwide Fastener Sources (WWFS). The site can be found at www.worldwidefastenersources.com. At this moment, the U.S. site is up and running live and you can find it at www.usfastenersources.com. The Eurasia site and Asian site will be up and running within a day or two.
Mike’s fastener experience didn’t just come from running the fastener show. Mike started in the fastener industry working in a family business, a distributor called Capitol Sales in Columbus, Ohio. Mike did a lot of different jobs just as many people do when they work in a family business. And, one thing he had to do was source hard to find fasteners, some that he still recalls looking for after all these years. But since those early days Mike has been in the unique position of meeting many fastener manufacturers, suppliers, and distributors who exhibited at the fastener show. In fact, the idea of World Wide Fastener Sources came from Mike’s desire to make the trade show even better, even though he no longer runs it.
Mike explained, “when you walk into the Vegas show, there are suppliers from all over the world and most have tables filled with every kind of fastener one can imagine. I thought, what if there was a more efficient way to navigate the show, to specifically pinpoint the companies that actually make the parts or at least specialize in specific product categories. That is where the idea for WWFS originated.”
Mike started a multi-year process of organizing fastener suppliers from all around the world. World Wide Fastener Sources has products broken down into 88 major product categories and Mike looks to add more. Everything from “Aerospace Fasteners” to “Zinc Die Cast Fasteners” with many others in between like Bent Wire, Clamps, Knobs, Shaft Collars, Tape and of course Hex Head Cap Screws and Socket Screws. The site has three components – US Fastener Sources, Asian Fastener Sources and Eurasia Fastener Sources which includes suppliers from Europe, the Middle East over to and including India. Mike currently has contacts in 81 countries, in 22 of the 24 time zones and is building the list of contacts constantly.
WWFS will be an informational website for selecting sources of supply of fasteners and fastening products around the world. There will be NO fee for buyers who use the site to do their sourcing. The cost (investment) for suppliers to register and display specific product offerings varies based upon how much detail they choose to add to their profile. Suppliers can simply set up a company profile or they can get more specific even listing specific products or part numbers such as mil-std. and/or DIN/ISO numbers. And users will be able to search from over 2,800 trade names which should prove valuable to companies who are master distributors for specific brands. To give you some perspective on the magnitude of this site, there already over 10,000 specific fastener products listed on this site.
I could continue on with more and more detail on the American part of this site but it is better if you take a look yourself at www.usfastenersources.com. To directly communicate with Mike about setting up a company profile, contact him at [email protected]. I had an opportunity to review the site and wander around a bit when it was set up with “sample” companies. I could see how product could be sourced by Products, Trade Names, Suppliers and by Part #’s. And sourcing fasteners is the main function of the site. But I also nosed around some other areas of this site and spent time looking under the tab labeled “Resources”. There is a ton of content there. Fastener Abbreviations, Glossary of Fastener Terms, Fastener Standards and even cost cutting recommendations and information on tariffs including a Harmonized Tariff Schedule. Again, take time out to check out some of the fastener resources that Mike has included on this site. In addition to being a valuable sourcing tool I can see that the site will also serve somewhat as a fastener library.
Charlie A., I hope my website will increase the skill level of fastener buyers! I hope the fastener buyers will take the time to learn about all the different types of fasteners in the market place. So when that odd-ball or difficult fastener crosses their desk to find a source, they can locate a source or two and prepare a quote. Yes, the basic commodity fasteners are pretty well known and easy to purchase, but what about the ones required for a new or unique application. It is not all about Mechanical Fasteners, but also about some of the ones not normally stocked in a distributorship, i.e. Ball Lock Pins, 1/4 Turn Fasteners, Plungers, Self-Sealing Fasteners with O-Rings for examples. Also today’s fastener buyer has to more aware of the impact Adhesives and Tapes are having on fastening applications. What is also very important is for the fastener buyers to check back often as this website is a living, breathing “Thing” that is growing on a daily bases. Do not forget to take advantage of sourcing fasteners by trade names; a unique feature of the site.
Good Luck and Good Hunting,
Mike
P.S. There is NO fee for Fastener Buyers to use the website!
That sounds like a great Idea. It’s an extension of the Thomas Register, distilled to a specific industry segment and range of capabilities. It may present a problem for distributors with end users who are already buying standard fasteners online from catalog sites. The oddballs in stock or available in a quick turnaround are still big profit items for distributors with talented buyers. This site makes everyone a talented buyer. Good news/bad news.
We finally find out more information on Mike’s Zygology comments during the episode on FullyThreadedRadio a few months ago. I had a pleasant conversation with Mike this afternoon to find out more information on the website and features. if you compare the cost to advertising it’s a wash or less dependent on the amount of editions/publications you choose. I figured the cost of a full page color add with write up averaging about $5000, the http://www.usfastenersources.com would be less expensive for 1000-1500 items over 9 product groups. I will say that within an hour of you sending out your email blast I had three emails within our company asking about his new site. Does that say more about your blog or Mike’s new venture….good work TS.
I wish him the best, there are not many in this internet game there is always room for one more.
[…] August 21, 2018 / travelingsalesman / Leave a comment […]