This report examines Fastenal’s strategic pivots over the past ten years – digital, self-service, product mix, sales specialization and more – that have created one of the highest performing North American distributors as measured across most financial benchmarks.
Search Results for: Fastenal
- News
The distributor frequently cited adverse weather in its 1Q report, while poor demand remains the core issue as pricing has stabilized.
- Articles
More than a handful of MDM’s Top Distributors were well-represented on the third annual feature.
- News
In 2023, Fastenal achieved workplace safety results and launched a large-scale plastic recycling program.
- Articles
As customers continue to work down inventory levels into 2024, James Dorn and John Gunderson outline action items for optimizing inventory levels in partnership with suppliers to stay nimble and gain share.
- Articles
Does your wholesale eCommerce site have the features it takes to be best-in-class? Find out what customers really want from distributors.
- News
Non-heavy manufacturing, non-residential construction and reseller end markets outperformed January.
- Premium
The company’s biennial Grainger Show customer event perfectly demonstrated how the distributor is hyper-focused on customer solutions — just one of which is its expansive product assortment.
All three parts of John Gunderson's November series on Fastenal's "big pivot" — which examined the distributor's decade-long transformation from a distributor dependent upon nationwide branches to one that emphasizes embedded customer service —...
- Articles
Following his three-part article series, we had John Gunderson on the podcast for a deeper dive into Fastenal’s move from a company dependent on a nationwide branch network to one that emphasizes embedded customer service.
Publication Date
Format
Topic
Author