Online Manufacturer impresses expert jury with innovative form of procurement
Awarded: FACTUREE wins INDUSTRIE 4.0 AWARD for innovative procurement model
Berlin, February 02, 2024 – The Online Manufacturer FACTUREE (www.facturee.de) has won the "INDUSTRIE 4.0 AWARD 2023" in the "Manufacturing Platform" category. The international operations consultancy ROI-EFESO has been awarding this globally renowned industry prize to the pioneers of industrial digitalization since 2013. FACTUREE received the award for its innovative form of procurement: Online Manufacturing. This model creates flexibility, reliability and independence and enables the digitalization of purchasing in the industry.
FACTUREE takes first place in the "Manufacturing Platform" category of the INDUSTRIE 4.0 AWARD. The jury for this award is made up of high-caliber decision-makers from the industry and choices are made through an extensive application process based on anonymized project presentations. This means that all companies applying for the award have the same starting conditions and opportunities.
Jury member Prof. Dr. Ulrich Löwen, Siemens Corporate Technology, explains: "One of the particularly visionary ideas in the early days of Industry 4.0 was the scenario of 'order-driven manufacturing'. This was the subject of lively discussion in research but was viewed with scepticism in industrial practice - in fact, a high level of complexity and immense need for standardization stood in the way of implementation. After more than ten years, it has now been confirmed that researchers had the right topic on their agenda as FACTUREE is now implementing this visionary idea on the market with impressive results. It is therefore a worthy recipient of the INDUSTRIE 4.0 AWARD. We wish FACTUREE continued success on their journey."
Christopher Walzel, Co-Founder and CTO at FACTUREE, says: "We are delighted to receive this prestigious award. Our company started in 2017 in a living room and established itself as a real early mover in the DACH region coining the term Online Manufacturing. Today, FACTUREE has an eight-figure turnover - without investors. We are active throughout Europe and companies such as Siemens , Parker Hannifin and CERN are among our customers. The award once again encourages us to further expand our procurement model."
Online Manufacturing as the procurement model of the future
With online production, FACTUREE has established a new form of procurement on the market. It offers advantages such as free supply capacities at all times, even in times of crisis, and is therefore far superior to conventional contract manufacturing. The Online Manufacturer thus enables manufacturing companies to procure production parts in line with the times, eliminating dependence on individual suppliers. This is made possible because FACTUREE has an extensive production network of around 2,000 manufacturing partners from almost all areas of production technology, such as CNC machining, sheet metal processing, 3D printing, casting and forging processes and surface technology. Around 15,000 machines are constantly available for projects.
With its network concept and the strict selection process of its manufacturing partners, FACTUREE provides diverse and highly qualified manufacturing capacities. The Online Manufacturer selects the most suitable supplier for the respective order in terms of price, delivery time and quality based on smart algorithms . The end-to-end digitalization and automation of the ordering process leads to greater efficiency for the end customer.
"Online Manufacturing platforms are becoming increasingly relevant - both for clients and manufacturers. The networking of all participants in the value chain as well as simple and short processes for the end customer are some of the key advantages in the modern production world, which requires flexibility and speed. Conventional contract manufacturing is reaching its limits, especially in times of crisis - but Online Manufacturing also opens up new opportunities for manufacturing companies, as they can participate in the network," explains Benjamin Schwab, Co-Founder and CMO at FACTUREE.