Is Your Company Looking for the Best Place to Purchase New Tools?

Written by Wall Street News on December 16th, 2016. Posted in Clamps, Er collets, Tool

Clamps

How does your company decide where you purchase the tools they need?
From drill bits to wrenches to clamps and carbide inserts, both large and small companies have to order tools on a near constant basis. In fact, the research indicates that nearly 70% of those companies that make manufacturing purchases look for products or services at least once a week. And while the purchases are frequent, that does not mean that those choices are not made without consideration. It may come as no surprise that 64% of manufacturing purchases are influenced by at least three people.
Some companies who are in search of tools and supplies like drill bits depend on the recommendations from others in the industry. When, for instance, the passenger fr