Tag Archives: Supply

The Basics of Industrial Supply

The core of industrial supply consists of a wide selection of manufactures, wholesalers, and distributors all doing work in combination to put the proper products within reach of a massive association of builders, maintenance crews, utility suppliers, and countless other companies who work attentively to keep our country running.

Industrial suppliers certainly are a specific breed of companies often doing business inside of the B2B space and supplying a wide range of industrial products. Just a couple of these product categories might include:

Abrasives

Adhesives

Electrical Supplies

Hand Tools

Hardware

Heavy Machinery

HVAC Products

Janitorial Supplies

Plumbing Equipment

Power Tools

Safety Supplies and Equipment

Welding Materials

And much more.

The entire process of industrial supply starts off with manufacturers who turn raw materials directly into items the products’ industrial end-users need to do everything from manufacture their own unique finished goods, to create things like utilities, consumer services, and many of other goods and services that customers demand.

Manufactures then ship these products to their industrial distributors who serve the important roll of merging thousands of various kinds of items and disbursing them to end-users all over the world. This allows manufactures to target their attention primarily on manufacturing, leaving the majority of the logistical procedures in the attentive hands of industrial distributors who are known for making these processes as efficient and cost-effective as possible.

Once these manufactured products leave the industrial supplier’s hands it is up to the end-users to use these materials in order to operate their own unique businesses, producing and circulating lots of the goods and services most of us use regularly.

The importance of the roll that the industrial distributor plays in this supply chain can’t be understated. Without the employment of industrial distributors the efficiency of the supply chain is going to be severed as industrial end-users would need to develop thousands of individual associations with manufacturers of each and every product variety, thus establishing a purchasing and logistical nightmare. If this were the scenario, manufacturers would also have to allocate a significant percentage of their resources to things such as complex logistics, collections, and marketing systems.

Industrial distributors increase the value of this supply chain by offering one single point of contact for end-users that happen to be procuring many different industrial products. They also help to significantly reduce the marketing, logistical, and payment complications faced by manufacturers who are required to have their products at the disposal of end-users.

So what does this all mean for you and me? The most essential takeaway would be the fact that industrial suppliers tend to be the key to bringing efficiency to the operation of industrial supply. Without industrial distributors the actual costs of the products consumers use on a regular basis would escalate dramatically as both manufacturers and industrial end-users (producers) alike would see increased costs of accomplishing business and would therefore have to increase the costs for the goods and services they provide.

So that’s the basic summary of how the supply of industrial offerings works from start to finish. With luck, this document has answered any of your questions regarding industrial supply and in doing so will help lead you to finding an industrial distributor that can help your business grow and succeed.

McMaster-Carr Supply Company – Delivering Precision Engineered Industrial Products

About the company:

McMaster-Carr Supply Company is a private, family-owned business that has been around for over a century, since 1901. They provide an essential component to industrial and commercial facilities around the world by supplying an array of mechanical, electrical, plumbing, and utility hardware. Their hardware products play essential roles in the processes and functions of hundreds of companies around the world that span various different industries.

Since their inception back in the early 20th century when they were founded in Elmhurst, Illinois, McMaster-Carr has expanded to establish distribution branches in the following US cities:

  • Robbinsville, New Jersey
  • Santa Fe Springs, California
  • Atlanta, Georgia
  • Cleveland, Ohio

Striving hard to become the industry best:

McMaster-Carr differentiates itself from other companies by releasing an annual yellow catalog that contains a majority of its product selection. To put things into perspective, consider that the 2013 edition (119th edition) of their yellow catalog had 3,888 pages for over 510,000 different products, all of which come from a vast list of manufacturing sources. Their website has also been awarded 3rd place ranking in a Stanford University study, trailing only amazon.com and bn.com, which are both large and respectable companies. In relation to other large well-known companies, McMaster-Carr is not a big name outside of its own respective industry, yet its site ranked among the top. McMaster conveys its credibility without public relations campaigns and the corresponding big reputation that follows many of the other major players that ranked about the same as them.

Major competitors:

In their industry, their competitors include the following companies:

  • Reid Supply Company
  • Fastenal
  • W.W. Grainger
  • Manhattan Supply Company
  • Amazon Supply
  • Monroe Engineering

Stock a vast array of best-in-class product line:

Many of the following competitors even release parts catalogues on a yearly basis, yet McMaster-Carr still maintains the largest and most comprehensive list. What kind of product categories can you find available from McMaster-Carr? Their 510,000 products are categorized into the following:

  • Abrading and Polishing
  • Building and Grounds
  • Electrical and Lighting
  • Fabricating
  • Fastening and Joining
  • Filtering
  • Flow and Level Control
  • Furniture & Storage
  • Hand Tools
  • Hardware
  • Heating and Cooling
  • Lubricating
  • Material Handling
  • Measuring and Inspecting
  • Office Supplies and Signs
  • Pipe, Tubing, Hose and Fittings
  • Plumbing and Janitorial
  • Power Transmission
  • Pressure and Temperature Control
  • Pulling and Lifting
  • Raw Materials
  • Safety Supplies
  • Sawing and Cutting
  • Sealing
  • Shipping
  • Suspending

Within these aforementioned categories are parts for almost every hardware application in the industrial and commercial industries. Just how big is McMaster-Carr Supply Company? Their estimated annual revenue is between $3-5 billion dollars, with average employee salary just around $58,000. A Director of Business Operations makes an estimated $171,000 annually while a customer service representative makes $75,000 annually. As of September 2013, McMaster-Carr is begun developing a $75 million headquarters and e-commerce center in Atlanta. The 100 acre plot of land and 700,000 square foot facility will be able to house over 1,000 employees. The company is

Continuing to grow and as one of the top industrial distributors, it is looking to become an industrial materials giant in the industry.

You can browse on web for leading distributor of all types of McMaster-Carr NSN Parts from a comprehensive list of manufacturers. On the sites where you can get tier 1 pricing from manufacturers which pass selected savings to you.