The future of purchasing series parts lies in platforms and ecosystems
Online Manufacturing: FACTUREE offers procurement advantages in series
Berlin, 18 January 2023 – Companies that produce in series are in an unprecedented situation with respect to procurement. Uncertainties and crises lead to difficult conditions, often making even short-term planning impossible. At the same time, digitalization requires a realignment and response to constantly changing competitive situations. Online Manufacturer FACTUREE (www.facturee.de/en) reveals new avenues for series production. Adopting the Online Manufacturing approach facilitates secure and flexible procurement, price stability and advantages, high quality and simplified digital request and ordering processes, for example.
When procuring series parts, reliability – through long-term availability, consistently high quality and stable prices – is indispensable. However, there are frequently shortages of raw materials. Sweeping crises such as the coronavirus pandemic and the Russia-Ukraine war have an additional highly negative effect on international supply chains and trade flows in the already difficult procurement situation. As a consequence, prices for raw materials are rising, and on top of this energy costs are soaring.
Breaking up dependencies and blockades
The current development also affects prices for material dealers and contract manufacturers, severely aggravating conditions for industrial buyers. Price increases are especially painful for large series production. The production and supply problems faced by conventional contract manufacturers make manufacturers aware of their dependence and inhibit the agility they need.
Co-founder and CMO of FACTUREE Benjamin Schwab states, “In many areas of industry, conventional contract manufacturing has reached its limits, leading to an increasing shift to alternative procurement and sales markets. Equivalent substitution of critical and finite resources is also becoming more and more relevant. Additionally, manufacturers seek to increase the efficiency of their manufacturing processes.”
Greatly reduced risk of supply shortages and delays
Online Manufacturing is the expression of a shift in procurement strategy. This modern form of procurement simplifies request and ordering processes and keeps the risk of supply shortages and delays significantly lower than is possible with conventional contract manufacturing. An Online Manufacturer with a large network of manufacturing partners can adapt more quickly to prevailing circumstances – for example by reallocating manufacturing capacities. Supply bottlenecks are minimized and challenging large-scale projects, for example in CNC series production, are made possible.
Benjamin Schwab says, “In series production, it is becoming ever more important to utilize the new potential of digital value creation. The concept of Online Manufacturing bundles the strengths of different manufacturing specialists on a B2B platform, resulting in a wide range of network partners, manufacturing techniques and surface treatments. Based on an AI-supported selection process, the most suitable manufacturer can be found for every requirement. For purchasing in series production, this means reliable and flexible procurement in times of crisis as well as price stability and advantages.”
At FACTUREE, all manufacturing partners are subject to a continuous data-driven, ISO 9001 certified quality management system that checks and ensures the high quality of systems, processes and products. The logistics partners are also checked for reliability before being selected.
Networking at all levels
The Online Manufacturing approach accommodates the needs of manufacturing companies that have to react ever more flexibly to changes in the market – not only in times of crisis. It supports sustainable efficiency gains and is an important component for companies on their way to Industry 4.0. Networking is becoming more prevalent in industry not only in the technical sense – it also applies to the cooperation between various stakeholders. The future of procurement is therefore in platforms and ecosystems.
Read more on “Online Manufacturing – Procurement advantages in series” in the free white paper at: https://www.facturee.de/en/whitepaper-series-production/
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, casting, forging, 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