Despite recent severe rises in raw material costs, Northern Precision (NP), the specialist single-source supplier of fasteners, as well as special-purpose turned and cold formed parts (www.npfasteners.com), is not only absorbing those costs but it is also actually reducing prices to customers.
According to Sales Director Steve Smith, the Doncaster-based company has gained an edge over the competition by not raising prices during the past two years despite continual price rises in both the cost of raw steel and stainless. This he says is "due to working 'smarter' in terms utilising IT to improve its internal business processes and by working closely with suppliers in achieving optimum stock levels to meet ever-increasing demands".
Accredited to BS EN ISO 9001:2000, NP maintains an extensive range of 5,000 in-stock standard line items covering most applications and materials. The company supplies self-clinching, high-strength and broaching fasteners, rivet bushes, sheet nuts, weld nuts and studs, cage nuts and blind rivets.
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