The distributor of industrial and construction products said average daily ecommerce sales rose year over year by 38.3% in the fourth quarter of last year, as total net sales for the quarter increased by 6.4% year over year to $1.36 billion, the company said Wednesday.
Fastenal has spent lots of time and money building digital commerce sales channels that include EDI, ecommerce and web-connected vending machines. That investment in ecommerce and electronic sales technology is providing the distributor with a nice return on investment (ROI) and other benefits.
It’s been two decades since Proto Labs Inc. struck a revolutionary cord with on-demand digital manufacturing. Now its second-generation ecommerce platform supports more complicated collaboration with customers on custom manufacturing across the multiple processes of 3D printing, CNC machining, and injection molding—and at the same time speeds up price quotes on projects. Above: A Protolabs 3D printing project.