WINTER 2021
Distributor's Link Magazine Fall 2020 / Vol 44 No 1
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