Thank you for attending! Torque-Expo 2024 put together a beneficial and highly relevant seminar programme, sponsored by Optimas, covering some of the key challenges and opportunities currently facing the fastener, tool and related markets.
The UKCA marking deadline is just months away. By 1 January 2023, products must be tested and found compliant for placing on the UK market. Manufacturers are required to take action ahead of the deadline. Will your business be affected?
Jaton Construction Products’ Technical Manager, Reza Jafari, shares his knowledge and experience and tackles some of the common misconceptions held in the fixing industry, in a practical look at the sector.
MEng, Structural Engineer, MICE
Technical Manager, JCP Fixings
Tips on how to prepare a business for sale, what to expect in the process and what are the alternatives to selling. Conversely, if you’re looking to buy, what to look out for to achieve a lower price. Fastener industry veteran Jerry Ramsdale speaks about his experience of buying and selling businesses in the sector.
Disruption, supply headaches, recruitment challenges and buy-outs galore. The editor of Torque Magazine takes a look at some of the key trends and headlines of what has been a significant period for the fastener industry.
Clive Daley | the Daley Hub
We keep hearing from various sources that the supply chain issues have almost gone. We disagree. Supply chain excellence is now compulsory!
Business today is fast paced and consumer driven, where convenience and speed of delivery are a must. Those with availability reign supreme and those with sluggish or inefficient supply chains disappear into the murky waves in a matter of seconds… and supply issues are often signalled as the straw that broke the back and killed a business.
If you want a seat at the evolving table, you must not only add value but also ensure that your supply chain is seamless and is as fluid as the water is sails on.
Our seminar focuses on sharing simple strategies you can implement to ensure your supply chain continues to sail steady in any waters.
We will touch on the following:
We will also touch on “The destabilising factor” will our strategies make things worse before they get better?
Clive Daley, Principal Consultant, Strategy and Supply Chain, Daley Hub Limited
40 Years in Retail and Supply Chain
Ian Worth | Crowe UK
CBAM is an EU measure, intended to capture data and generate carbon levies on certain goods imported to the EU. At first glance, it might seem irrelevant for the UK, however, the EU continues to be the UK’s biggest export market, so EU customers of UK exporters will need carbon data to fulfil their CBAM obligations. At the very least, UK exporters will need to provide carbon data, but if they are exporting on DDP terms, they will also have direct CBAM obligations in the EU. Furthermore, the UK intends to implement its own CBAM measures by 2027, so now is the right time for UK businesses to learn about their CBAM obligations.
Mike Tuffy | CEO International | Optimas
Today’s manufacturers are facing both common and uncommon challenges when it comes to sourcing fasteners for their products.
Geopolitical events over the last three years have exposed the vulnerabilities of offshoring exclusively. What’s resulted is a re-thinking of best practices around regionalisation and near-shore and on-shore sourcing, which is fast becoming a consequential movement to better support manufacturing.
UBS Bank examined the re-shoring trend when it polled more than 1,600 executives earlier this year. According to their research note published on March 2, 2023, many senior executives in different sectors intended to move parts of the supply chain closer to home — 78% in Europe, 70% in the U.S. and 54% in China plan to do so.
OEMs and suppliers are responding; however, many are challenged by exactly how they pivot to this new approach and what it takes to get it done.
In this session, Optimas will discuss near-shore and on-shore sourcing strategies for OEMs and distributors and lay out the benefits of this new movement. Mike Tuffy, CEO, International, Optimas Solutions also will cover key elements of near-shoring and on-shoring, including:
Mike will wrap up the session discussing why working with re-shoring partners makes sense and the benefits they can offer OEMs. A Q&A session with the audience will conclude the presentation and discussion.
Adrian Morgan | Hydrajaws
Hydrajaws presentation will highlight the importance of measuring torque and assuring compliance in various industries and introduce Hydrajaws’ latest innovation, Verify Torque, a groundbreaking digital torque measurement tool designed to meet the growing need for precise torque measurement to ensure compliance and accuracy in various industries and more importantly recording the results.
Key Points:
Importance of Torque Measurement: The presentation emphasises the important role of torque in safety, compliance, and process validation across industries like manufacturing, construction, automotive, and aerospace.
Verification of Torque Specification: Hydrajaws’ Verify Torque integrates with a Bluetooth-enabled reporting app, allowing for seamless measurement of torque values across different assets.
Efficient Data Capture and Recording: This tool simplifies the process of capturing and recording torque measurements, saving time, and ensuring traceability.
New Industry Standard: Verify Torque sets a new benchmark in torque measurement tools, catering not only to existing fixing industry customers but also to broader industrial applications.
Conclusion:
Verify Torque by Hydrajaws represents a significant advancement in torque measurement technology, promising enhanced safety, quality, and efficiency for various industrial applications.
Colin Ward | Supply Chain Consultant | Slimstock
In the fast-paced world of fasteners, fixings, and industrial components, staying ahead requires more than just speed—it requires agility and resilience. Join us as we delve into the crucial role of digital transformation in empowering businesses to adapt to change swiftly, mitigate risks effectively, and maintain robustness in today’s competitive landscape.
In this speaker session, we will explore how companies can secure their position in the market by quickly identifying and addressing risks, adapting to change, and staying resilient. We will unveil how digital transformation serves as the cornerstone for achieving supply chain agility, providing invaluable insights and empowering decision-making processes.
Real-time data emerges as a game-changer in the quest for agility, enabling businesses to agitate disruptions and optimise operations for maximum performance. Moreover, Artificial Intelligence (AI) steps into the spotlight, forecasting and minimising disruptions to ensure stability even in the face of uncertainty.
As we journey through 2024, data integrity emerges as a paramount concern across industries. Without adequate measures, the integrity, confidentiality, and availability of goods, information, and services within the supply chain are jeopardised. We will discuss how robust data security measures, including fortified cybersecurity protocols, are indispensable for mitigating risks and ensuring seamless business continuity.
Furthermore, against the backdrop of escalating environmental and sustainability concerns, businesses must factor these considerations into their decision-making processes. We will explore how embracing digital transformation not only enhances supply chain agility and resilience but also facilitates sustainability efforts, aligning with evolving consumer preferences and regulatory requirements.
Join us as we navigate the evolving landscape of the fasteners and fixings industry, uncovering the transformative power of digitalisation in bolstering supply chain agility, minimising disruptions, and safeguarding operations in today’s digital era.
Scott Gooding | Nord-Lock
• How specifiers request trusted certification from external bodies to specify parts from design
• Nord-Lock testing & certification i.e. CE marking, DNV, TUV, etc.
• Collaboration with other fasteners and spec into project build
Richard Fishburn | Spectrum Digital
Explore the sales order processing shift for manufacturers and wholesalers, powered by automation, advanced language models, and software robots. Learn strategies for directing new orders into ERP systems with ease.
