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WINTER 2021

Distributor's Link Magazine Fall 2020 / Vol 44 No 1

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62<br />

THE DISTRIBUTOR’S LINK<br />

E&T FASTENERS<br />

41 Odell School Road Unit A, Concord, NC 28027<br />

TEL 1-800-650-4707 FAX 704-933-5775 EMAIL eric@fastenercomponents.com WEB www.fastenercomponents.com<br />

AN INTERVIEW WITH ERIC LENZ, CEO<br />

E&T FASTENERS<br />

Eric Lenz, the CEO of E&T Fasteners, suppliers<br />

of metric and standard fasteners and accessories,<br />

gives us insight into why thousands of customers<br />

have chosen E&T Fasteners year after year.<br />

Who Is Your Typical Buyer?<br />

For larger orders, we sell primarily to industrial<br />

purchasers who need parts to complete their own<br />

manufactured product, or to other distributors who do not<br />

have access to the right supply. We have lots of smaller<br />

customers, which makes us unique. We also cater to<br />

maintenance departments, contractors, installers, or<br />

inventory managers. We even have many inventors/<br />

fabricators who need a few parts made while they are<br />

tinkering with a new product.<br />

What Do They Need?<br />

Sometimes, buyers already know what they need,<br />

and they just want to get a part as specified. In those<br />

cases, we’re asked to quote on a particular specified part,<br />

quantity and timeline. Our goal is to get that quote back<br />

as fast as possible at the right price. Most important for<br />

customers is not just the quoting time, but actually getting<br />

their parts in time to make the final product. We know that<br />

the fastener is just a ‘part’ of the final product. No one<br />

should be slowed down by a distributor. The cheapest<br />

price is fine, but getting it on time without hassle is<br />

preferred. We get hundreds of quotes out a week, and the<br />

majority of parts buyers who reach out to us end up buying<br />

from us at some point.<br />

Why Is That?<br />

Because they appreciate our speed. Plus, our pricing<br />

is actually very competitive. When a customer signs an<br />

ERIC LENZ, OWNER E&T FASTENERS, A PROUD SPONSOR OF YOUTH<br />

SPORTS, HOMELESS SHELTERS AND COMMUNITY NEEDS<br />

order, we pull out the logistical stops to ensure that it gets<br />

there on time, every time.<br />

What Happens When A Buyer Doesn’t Know<br />

What They Need?<br />

We get those inquiries too. While we aren’t engineers,<br />

we’ve been in the fastener supply business for over thirty<br />

years, so we lend our expertise in knowing how to get<br />

what they need so that they can get the right product. If<br />

they need a design or to build a specification, we have<br />

partners who can help with that.<br />

What If They Have A Specification But Don’t<br />

Know If It Will Work?<br />

Absolutely, we can help there. Ha, it’s a bad day for<br />

you if you buy thousands or millions of fasteners only to<br />

find out they won’t work. If they have a specification but<br />

want to make sure it works, we can make samples and<br />

prototypes.<br />

BUSINESS FOCUS ARTICLE<br />

CONTINUED ON PAGE 144

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