5 Benefits of Sourcing CNC Machining Work Online
Machine learning saves time, makes pricing fairer, inspires improvement initiatives, and even insulates manufacturing businesses against economic shocks.

Industry News of Note: June 2019
This month: Hexagon breaks ground in Detroit, Xometry lets users search and buy Mitsubishi cutting tools, Gosiger lays plans for 2019 exhibition, and other industry news. 

Xometry Enters National Distribution Agreement with Mitsubishi Materials
Xometry Supplies will now allow users to choose from the full lineup of DiaEdge and Moldino cutting tools after partnering with Mitsubishi Materials. 

Xometry Receives ISO9001 and AS9100D Quality Certifications
As part of the certification process, Xometry engaged in a thorough audit of its business processes and quality management system.

Xometry Launches E-Commerce Website for Tools, Supplies
Xometry has announced the launch of Xometry Supplies, expanding its digital marketplace with a website designed to provide the company’s partners with materials, tools and supplies when they accept jobs.

Xometry Launches Shop Advantage Program
The program is intended to save small to mid-size manufacturers time and money on sourcing business supplies, raw materials and critical business services.

Xometry Announces Acquisition of MakeTime, New Funding Campaign
Xometry announces the acquisition of MakeTime, doubling its network of partner manufacturers and beginning a $25 million funding campaign.

10 Reasons Why Machine Shops Vary So Much in Quoted Pricing
Many factors explain the potential 10X variation in different shops’ bids for the same machining work.

MakeTime Releases Manufacturing Pricing Tool
The Network Pricing tool uses data from the company’s distributed manufacturing network along with machine learning algorithms to generate budgetary prices for machined parts.

Xometry User Hits Network’s $1 Million Milestone
Zero Hour Parts has earned $1 million through its partnership with Xometry’s instant quoting platform.

MakeTime Launches Shop Advantage Program at Top Shops Conference
The program will give machine shops access to special offerings for cutting tools, CAD/CAM software, computer hardware, CNC machine tool and manufacturing equipment financing and more.

Eliminating “Islands of Production” with More and Better Data
A portal that reminds me of Uber today holds the promise to perform like eHarmony in the future, its CEO says.

Distributed U.S. Sourcing Matches China’s Price
Ability of broker-like service to organize the capacity of various independent shops provided for low-cost domestic production.

GE Ventures Grants Funding to Machine Capacity-Sharing Platform
Xometry networks SMEs with customers in need of on-demand custom parts.

Five Design for Manufacturability Tips for Designers
Leading machine shops offer design for manufacturability (DFM) advice to customers to reduce machining cost and lead time. Here are five examples.

MakeTime Receives $8 Million in Funding
The funding is led by Colorado-based Foundry Group along with the company’s initial investors.

MakeTime Revises Its Model
The platform where shops list their open capacity no longer requires bidding. MakeTime itself now does the costing, calculating a price for buyers and sellers to choose to accept.

Video: A Matchmaker for Manufacturing
A Kentucky company bases its business model on connecting OEMs with job shops that have unfilled machining capacity, supporting these building blocks of local and state economies.