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MILFORD, OH--(Marketwired - May 1, 2013) - CADENAS PARTsolutions, a global provider of 3D part catalogs for manufacturers, and MISUMI Corporation, the world's largest supplier of fixed and configurable components for the manufacturing industry, announce the availability of the new "Part Number Lookup" feature for their online CAD configurator as part of the MISUMI-VONA product launch. MISUMI CAD models have long been configurable based on a series of criteria. Users select the configurable options to produce the desired product. These selections generate a precise CAD model for engineers to use within their design, as well as an exact part number for the item. Adding the new part number lookup feature now enables users to complete this process in reverse, beginning with the part number, to achieve the same 3D CAD model.
"The existing configurator is fantastic for our MISUMI visitors who need to configure a very specific part using the traditional method, by building the part based on selectable options," states David Basken, Senior Product Manager at MISUMI USA. "We have a community of MISUMI power users, whom we affectionately refer to as 'MISUMISTS'. These clients have frequent, repeatable orders based on their known configuration. Very often they can tell you the exact 20 plus character part number they need, right off the top of their head."
As part of the new MISUMI-VONA website, users can now generate CAD models simply by entering the known MISUMI part number. "This feature adds a new level of flexibility to our web configurator and is something that has been frequently requested by our MISUMISTS," adds Chris Blaszczyk, Product Manager of Mechanical Components at MISUMI.
"Often designers will receive their list of pre-specified components for a project, they need the ability to quickly add these parts to their CAD design, without spending the time to configure each item. The new method enables them to save time by skipping directly to the 3D CAD model they need, simply by entering the part number," says Blaszczyk.
Expanding on MISUMI's involvement with the online configurator, Chris adds, "Our experience with the CADENAS PARTsolutions configurator has been very positive. The system works so well that very little input is required on our behalf to generate the traffic and leads powering our marketing efforts. The flexible platform allows us to build upon our foundation with upgrades as we see fit. Our goal now is to refine our delivery and improve functions for the best possible customer experience. CADENAS PARTsolutions has been there every step of the way."
Rob Zesch, President and COO of CADENAS PARTsolutions, adds, "The exciting part of working with MISUMI is their drive to continually challenge and improve the online offering, which is the lifeline of their business. The Part Number Lookup feature is an example of listening to customer requests and answering that call. This type of feedback is invaluable for creating an optimal customer experience. By adding these features to the system we are ensuring that this customer segment has the best possible experience, securing return visits and setting MISUMI apart from their peers."
About MISUMI USA
Located in Schaumburg, Illinois, MISUMI USA, Inc. was established in 1988 as a Subsidiary of MISUMI Corporation, a part of the MISUMI Group (TOKYO:9962). MISUMI USA, Inc. is a leading supplier of fixed and configurable components such as leader pins, single-axis actuators, linear shafts, slotted keys, aluminum extrusions, parting locks, linear guides, XY stages and other components for factory automation, plastic mold and press die industries. For a complete list of available components, please visit MISUMI USA.
About CADENAS PARTsolutions
CADENAS PARTsolutions is a leading provider of next generation 3D part catalog management and sales configuration solutions. For large manufacturers, CADENAS PARTsolutions provides centralized 3D standard part catalogs making it easy for global design teams to find, reuse, and control standard and proprietary parts. For component manufacturers, CADENAS PARTsolutions provides 3D part catalog with CAD download technology to increase sales lead generation and to ensure that components get "designed in" to OEM products. www.partsolutions.com
American distributor of industrial components
|Founded||February 1988; 33 years ago (1988-02)|
|Brands||Misumi, Suruga Seiki, Dayton, Lamina, Danly, Lempco, IEM, PCS Company|
Misumi USA is a subsidiary of Misumi Corporation, established in February 1988. Misumi USA is known for providing fixed and configurable components for the manufacturing industry, and is headquartered in Schaumburg, Illinois.
Misumi Corporation was founded in 1963 under the name Misumi Shoji Co., Ltd. In the early years of its founding, the company focused primarily on the sale of electronic equipment and bearings, as well as press die components.
Throughout its first 25 years, Misumi Corp continued to establish regional presences across Japan. In order to better-serve the American market, Misumi Corp established a subsidiary, Misumi USA, in February 1988.
Current business model
As of February 2014, Misumi USA supplies over 20.7 million different configurable components for assembly automation in the automotive, appliance, semi-conductor, medical, and packaging industries, with over 30,000 products available for same-day shipping. Misumi promotes that it bears no minimum order requirements or set-up charges, allowing greater flexibility in ordering for small companies and individuals. Misumi USA is known for its QCT (Quality, Cost, Time) model, fulfilled by catalog sales of standardized products, along with piece-by-piece production of customizable products. Misumi has operated under the leadership of Co-CEOs, Tadashi Saegusa and Masayuki Takaya, since June 2002. Beginning that year, the new management implemented a series of reforms including the following:
- Discontinuing Diversified Business Model: Misumi chose to return to its core business of precision mechanical industrial components for die-and-mold and factory-automation applications only, and cut ties with all subsidiaries that did not align closely to this core practice.
- Expanding Overseas: To extend the QCT model abroad, Misumi began building out infrastructure including sales offices, logistics centers, and manufacturing sites in each new market entered.
- Acquiring SURUGA SEIKI: In acquiring this development and manufacturing company, Misumi brought manufacturing in-house.
- Delegating Authority Across the Organization: In 2007, Misumi brought the concept of “small is beautiful” to its operating companies, organizing its business into small autonomous teams responsible for sales, product development, and manufacturing.
Currently, Misumi is aggressively pursuing sales and operating income records year over year, in conjunction with continued global expansion and partnerships across industry verticals. Misumi USA consists of a local suppliers network including Sugura USA in Addison, Illinois, along with its own distribution centers near Chicago O’Hare Airport and in Torrance, California.
In November 2012, Misumi acquired the Dayton Lamina Corporation, a company known for press die components, with brands including Dayton Progress, Lamina, Danly, IEM, and Lempco. Beginning August 2015, Dayton Lamina began the manufacture of Misumi Brand die components in Ohio.
In November 2017, Misumi announced plans to expand manufacturing and distribution in North America through the creation of a subsidiary in Querétaro City, Querétaro, Mexico. Misumi Mexico will be operational beginning April 2018.
As of November 2017, Misumi currently operates 24 Manufacturing facilities, 14 Distribution Centers, and 62 Sales Offices around the globe.
Environmental and social contributions
Misumi's products are compliant with the European Union’s RoHS Directive, restricting the use of hazardous substances. As innovations in green production, Misumi has developed equipment cables with superior oil and heat resistance, as well as combined terminal blocks and components. As part of a green procurement initiative, Misumi also mandates that its suppliers comply with a strict set of guidelines, including a chemical substances survey and report. In January 2014, MISUMI embarked on an initiative to enhance workplace safety by introducing a new nitrogen gas spring to the North American market.
Misumi offers a University Partnership program which provides discounts and sponsorships to students in the United States and Canada for senior design and competition projects. This program began in 2012 and is currently active in over 50 colleges and universities.
Beginning in 2016, Misumi became a Silver Level Supplier for FIRST Robotics, an international high school robotics competition.
- ^Misumi Group Inc. "MISUMI History", Retrieved on 27 February 2014.
- ^Misumi USA. "Profile", Retrieved on 27 February 2014.
- ^Design World. "Misumi USA Opens New North American Headquarters", Retrieved on 27 February 2014.
- ^Misumi Group Inc. "MISUMI History", Retrieved on 27 February 2014.
- ^Market Watch "MISUMI USA In-Stock Products Now Automatically Ship Same Day", Retrieved on 27 February 2014.
- ^Industry Week "Tailored To Fit", Retrieved on 27 February 2014.
- ^Misumi Group Inc. "Annual Report 2012"Archived 18 May 2014 at the Wayback Machine, Retrieved on 27 February 2014.
- ^Bloomberg Businessweek "Misumi Group Inc (9962:Tokyo Stock Exchange)", Retrieved on 27 February 2014.
- ^Misumi Corp. "Merger of MISUMI Corporation and Suruga Seiki Co., Ltd"Archived 3 March 2016 at the Wayback Machine, Retrieved on 27 February 2014.
- ^Automation.com "Dial Tool saves design time with Misumi components", Retrieved on 27 February 2014.
- ^Misumi USA. "Profile", Retrieved on 27 February 2014.
- ^"MISUMI Group, Inc. Establishing a Local Subsidiary in Mexico". www.businesswire.com. Retrieved 9 November 2017.
- ^Misumi Group Inc. "Environmental Chemicals Management", Retrieved 27 February 2014.
- ^The Wall Street Journal "MISUMI Introduces Nitrogen Gas Springs with Enhanced Safety Features to North American Market", Retrieved 27 February 2014.
MISUMI Group Inc.
MISUMI Group, Inc. engages in the business of industrial products. It operates through the following segments: Factory Automation (FA) Business, Die Components Business, and Variation and One-Stop by New Alliance (VONA) Business. The FA Business segment develops and provides components such as factory automation and auto locating modules for high precision production equipment. The Die Components Business segment develops and supplies die components for metal press and plastic injection moulding applications. The VONA Business segment provides third-party brands together with MISUMI-branded products through online sales. It also provides indirect materials and production equipment. The company was founded by Hiroshi Taguchi on February 23, 1963 and is headquartered in Tokyo, Japan.
|Income before tax||23,496M||221.54M|
|Dividends Per Share||15.09||0.14|
|Operating cash flow||36,492M||344.07M|
|Currency in JPY||Currency in USD|
Factory automation (FA) is the key to competitiveness in all manufacturing processes in the automobile and household appliance industries.
To ensure the high-quality, low-cost, and rapid provision of the various components essential for this kind of automated production, the FA Manufacturing Company handles every aspect of manufacturing from planning, development, and design to production.
The core products are the mechanical components that form moving parts of industrial robots and machines for conveying semiconductor wafers. The division particularly ensures the precision and advanced technology adopted for the nucleus of linear-motion systems, such as slide guides and linear bushings.
A distinctive feature of the FA Manufacturing Company is the integrated production and sales system we have built together with MISUMI Corporation, which is also one of MISUMI Group Inc.'s affiliates.
This system enables us to speedily provide products that accurately reflect market needs. In addition, the high ratio of product development and manufacturing carried out internally enhances freedom, making it possible to realize development and production more rapidly than other companies.
Furthermore, to enable our overseas customers to benefit from short delivery periods and micro production runs (production of a wide variety of product types in small amounts), we have been actively expanding our overseas bases, such as Vietnam, the U.S., South Korea, China, and Thailand, and accelerating the global development of FA products.
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