Bay Supply Blog - Rivets, Fasteners, and Tools | For Manufacturers

The construction industry is experiencing a paradigm shift in how materials and components are sourced, thanks to the rise of digital marketplaces. Platforms such as Bay Supply enable procurement professionals to access a consolidated ecosystem of manufacturers, distributors, and products, dramatically reducing the time and complexity involved in sourcing fasteners and construction materials.

Staying competitive requires shortening delivery time. Manufacturers, contractors, and maintenance teams are under increasing pressure to meet tighter deadlines, requiring fast, reliable, on-time delivery of parts and materials.

Whether you’re selling fasteners or some other product, to maintain a successful operation, you need to increase inventory turnover. Manufacturers have several channels through which they sell goods, including directly to customers, through distributors, and through retailers. However, many don’t maximize the potential of e-commerce. Vertical online marketplaces can significantly boost inventory turnover, especially for specialty products, such as fasteners.

The internet has revolutionized the way we shop, particularly when procuring parts. Digital processes now power the supply chain, which allows buyers to find products and place orders online faster and more efficiently than ever before.