Blog
Posted by: 3. December 2012

Video: Collaborative Manufacturing = “Cofacturing”

In this video made by Federated Precision, the Florida-based contract manufacturer describes what it sees as the “third industrial revolution.” Today’s ease of data transfer permits a manufacturer with an IT-based business model to work collaboratively with customers, developing new products through iteration. The company calls this model “cofacturing.”

It is a model that favors manufacturers of a certain size, the company says. While small shops have difficulty scaling upward and often don’t last past the career of the founder, large manufacturers have difficulty meeting short-term, low-quantity production needs. Federated’s medium size permits responsiveness for tight-lead-time work, while also providing some of the advantages of scale. By means of the hub-and-spoke model illustrated in this video, the company aims to spread its talent and capacity around the country by having satellites in various market areas.

Comments are reviewed by moderators before they appear to ensure they meet Modern Machine Shop’s submission guidelines.
blog comments powered by Disqus
A leading manufacturer of Standard, High Performance and Custom Cutting Tools for 95 years.

Subscribe to these Related
RSS Blog Feeds


MMS ONLINE
Channel Partners
  • Techspex