German industry embraces platform economy: FACTUREE drives the trend with its Online Manufacturing network

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Online Manufacturing platform offers advantages to parts procurement such as constant availability of production capacities, short delivery times, and simple digital processes

Online Manufacturing platform offers advantages to parts procurement such as constant availability of production capacities, short delivery times, and simple digital processes

Berlin, November 10th 2021– Long established in the B2C sector, now also reaching industry, as more and more companies are setting up their own platforms. Networking all parties involved in the value creation chain and short, simple processes for the end customer are just two of the substantial benefits. The Online Manufacturer FACTUREE (www.facturee.de/en) with its B2B production platform is one of the forerunners in the procurement of custom engineered parts. Today, the network comprises around 2000 production partners and is growing exponentially. The approach is promising – not only when there are parts and material shortages – as it provides constant availability of production capacities, short delivery times, and cost savings. 

The ifo Institute for Economic Research study “Industrial Digital Economy – B2B Platforms” that was carried out for the Bundesverband der Deutschen Industrie e.V [Federation of German Industries] highlights the fact that a flourishing industrial B2B platform ecosystem is currently developing in Europe and Germany. Unlike the established B2C platforms, this segment is still in the early phase of development. However, the study ascribes great significance to digital B2B platforms in German industry – according to the survey, this applies in particular to mechanical engineering and the steel industry.

Benjamin Schwab, co-founder and CMO at FACTUREE, states, “Germany and Europe have the potential to build up significant digital B2B platforms in some sectors. With FACTUREE, one of the first German production platforms established in 2017, we are now in such a strong position that we do not need to fear American or Chinese competition.” 

FACTUREE is a trademark of cwmk GmbH and specializes in the procurement of custom engineering parts. Prototyping projects can be carried out as well as small and large series production. The production network currently has more than 2000 manufacturing partners in the areas of CNC machining, sheet metal processing, 3D printing, and surface technology with some 15,000 machines. All partners comply with the requirements of a continuous data-driven quality management system certified according to ISO 9001. 

B2B platforms ensure long-term competitiveness of German industry

“We had a solid start in 2017 and already knew at that time that our platform approach had great potential. In recent months, demand has virtually exploded. This reflects the increasing networking of markets and players on the one hand, while the benefits of Online Manufacturing become especially clear in times of material shortages. We also offer an alternative to the production and supply difficulties of conventional contract manufacturers during the coronavirus pandemic,” explains Benjamin Schwab.  

As a B2B platform with a wide range of network partners and production techniques, FACTUREE can always offer free capacities and short delivery times. But the advantages are not only for customers. Benjamin Schwab continues, “Many of our manufacturing partners work with us because they no longer want to be restricted by the limitations of conventional contract manufacturing. Joining our production network gives them a strong multiplier effect and they receive tailored requests without wastage. B2B platforms are undoubtedly an important future model for all involved.”

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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 15000 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

Icon PartnerYour contact
Benjamin Schwab
schwab@facturee.de
Tel: +49 30 629 3939-96