Fastenal installs 50,000th industrial vending machine
Fastenal announced that it now has 50,000 FAST Solutions industrial vending machines installed at customer locations.
The 50,000th unit was installed at the Terex Mixer manufacturing plant in Fort Wayne, Ind., this summer. It is one of 228 FAST Solutions devices implemented at multiple Terex sites nationwide.
"From the beginning, we saw vending as an investment in our customers - a way to solidify relationships and earn opportunities by providing tremendous value in terms of time and cost savings," said Lee Hein, Fastenal's chief operating officer. "It's been a perfect fit for our local service model, bringing our store teams and products even closer to our customers."
Over the past few years the cumulative number of FAST Solutions devices in place at customer sites has grown from just over 7,000 at the close of 2011, to more than 46,000 by year-end 2014. Meanwhile, Fastenal's vending technology offering has expanded and evolved to support a spectrum of product shapes and sizes, from cutting tool inserts to boxes and aerosol cans.
"We're proud to partner with Fastenal for our vending services," said Jared Widenhoefer, strategic sourcing buyer for the Terex Mixer factory. "Our people love the easy-to-use and reliable nature of the machines, and I like the automated ordering and tracking. We never have to worry - product is always available right where our workers need it."