Impact of the coronavirus crisis and other increasing risk factors on conventional contract manufacturers
FACTUREE recommends avoiding production and logistics problems with Online Manufacturing
Berlin, 16 February 2021 – The coronavirus pandemic has demonstrated that supply chains associated with conventional contract manufacturing can break down easily in a crisis. Production and supply problems faced by contract manufacturers quickly make manufacturers aware of how dependent they are. And there are further risks involved such as fires or strikes irrespective of the coronavirus crisis. One broken link in the process leads to a cascade of problems. Online Manufacturing minimizes all these risks, as FACTUREEwww.facturee.de/en) demonstrates.
“Conventional contract manufacturing is vulnerable to various risk factors due to its very nature. Especially during the coronavirus crisis, major disadvantages such as supplier dependencies, interrupted supply chains and delivery bottlenecks become apparent,” explains Benjamin Schwab, Director of Marketing & Sales at cwmk GmbH, and adds, “Aspects such as flexibility, a high level of precision and fast delivery times are indispensable for the production of custom components – particularly under growing pressure from the competition. If a process is slowed down or fails, the customer is impacted.”
Ensuring continuous operations with Online Manufacturing – with or without a crisis
FACTUREE therefore advises manufacturers to position themselves to be resilient and shock resistant with respect to their suppliers in order to remain flexible and operational at all times, whether there is a crisis or not. “The awareness for risk prevention and preventive crisis management is growing steadily. Rigid structures need to be phased out in our view,” states Benjamin Schwab.
Online Manufacturing facilitates stable procurement processes by rapidly adjusting to current circumstances, for example by reallocating production capacities away from the businesses and regions affected by lockdowns.
The Online Manufacturer FACTUREE is a trademark of cwmk GmbH, which has an extensive production network of over 1000 manufacturing partners in the areas of CNC machining, sheet metal processing, 3D printing and surface technology. The network approach minimizes the risks of supply disruptions and delays as much as possible, maintaining supply chains even in a crisis.
For the procurement of production parts, the FACTUREE network has more than 8000 machines available for projects at all times. All partners are subject to a continuous data-driven, ISO 9001 certified quality management system. Prototyping projects can be carried out as well as small and large series production.
A pool of manufacturers, only one contract partner
For each project, FACTUREE uses AI to identify the most suitable manufacturer with respect to quality, price and delivery time. The request process is semi-automatic, thus ensuring fast proposals. FACTUREE is the sole contract partner for the entire ordering process.
Benjamin Schwab says, “One risk factor in conventional contract manufacturing is the frequently common long-term commitment to a certain supplier. This limits the flexibility of the company placing the order and leads to dependency. We have nearly unlimited capacities available, allowing us to react more flexibly and reliably to current developments than individual manufacturing businesses. Yet the customer has only one contact partner.”
FACTUREE operates in all of Europe and has a continually growing number of customers in the European countries from various sectors such as machine engineering, medical technology, model construction, robotics, and the automotive and aerospace industries. Customers include leading industrial companies such as Siemens and Parker Hannifin, small and medium-sized businesses, startups, and research institutes and universities.
Profile of FACTUREE – The Online Manufacturer:
cwmk GmbH, based in Berlin, operates under the brand name FACTUREE as the first Online Manufacturer. The company pursues the goal of enabling its customers to procure modern production parts through digitization, automation and networking. FACTUREE has an extensive production network of over 1000 manufacturing partners from the fields of CNC machining, sheet metal production, 3D printing and surface technology. More than 8000 machines are constantly available for projects. All partners are subject to a continuous data-driven quality management system certified according to ISO 9001. FACTUREE can realize prototyping projects as well as small and large series production. The customer base is located in the most diverse fields such as mechanical engineering, medical technology, model making, robotics, automotive as well as aerospace. Leading industrial companies like Siemens and Parker Hannifin, SMEs, research institutes and universities are among the customers. FACTUREE is active throughout Europe and has a continuously growing number of customers in other European countries.
Further information: www.facturee.de/en