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Episode Info: Just as software-as-a-service (SaaS) has been used to streamline the software needs of businesses and organizations around the world, Xometry has created the manufacturing-as-a-service (MaaS) platform to serve the pressing needs of the Metal Working Nation. Jim and Jason discuss the inner-workings of Xometry’s impressive success with the vice president of the company, Michael Dickson, in this week’s exciting episode of MakingChips. Connect with Xometry’s success as the leader in manufacturing as a service As the largest manufacturing-on-demand platform in the country, Xometry makes parts for over 16,000 customers - including clients such as NASA and BMW. Michael explains that their ability to meet such high demands is because of their instant quoting engine, partner network, and through their online e-commerce site - Xometry Supplies. Michael shares that the passion and drive behind the company is to help manufacturers grow in their own businesses as well as helping the manufacturing industry thrive as a whole. The gift of instant quoting If you have a part that your shop doesn’t have the capacity to create, what can you do? Michael explains how Xometry’s instant quoting engine works to provide manufacturers and customers with instantaneous answers on how their needs can be met. Uploading a 3D CAD file of the part or project you need manufactured into the system allows the quoting engine to determine when the part or project can be made and delivered and by whom. The system allows users to select the type of tools they want to be used, custom finishings, and what types of inspections they want the project or part verified through. The instant quoting engine then calculates lead time and the deadline for a need. Payment is simple and savable for future orders. When there are extremely specific details needed to complete a project, the system prompts the user to insert PDFs detailing other needs. Xometry sends the orders to the proper manufacturer for completion. Carr Machine & Tool, for instance, could use Xometry in a partnership as a way to extend the business by fulfilling orders offered through Xometry. Understanding the as-a-service genre of business Just as Uber doesn’t actually own any cars, but they are still the largest taxiing company in the world, the goal of Xometry is to be the on-demand portal for manufacturing. Their success is derived through their leverage of the workforce capacity provided through their numerous partnerships. Xometry is the coordinating portal of the Metal Working Nation - not the workforce itself. Michael explains that one of the benefits of such a company is that the customer doesn’t have to send out quote requests or conduct research on which manufacturing business is the best for their specific need. Xometry simply takes the order and delivers it to the best partner for that specific job. Because Xometry has built such a solid reputation, people trust the proce...
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