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The 3/8 shoulder diameter with a 5/16 shoulder length precision shoulder screw is designed to create secure fastening points in applications requiring precise adjustments and alignment. This threaded component is suitable for various industries such as automotive, machinery, electronics, and appliances where it can be used to assemble or repair parts. The slotted design allows easy adjustment using a screwdriver, while the 1/4-20 UNC threads provide torque resistance.