Post on 17-Dec-2015
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Innovating…On a Reduced Budget
Identifying Opportunities to Reduce waste and Inspire Innovation in your Procurement Cycle
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MFG.com is the only place manufacturers can source real-time in a “true” marketplace setting
• Founded in 2000• Headquartered in Atlanta, with
operations in Shanghai, Munich, Paris, Geneva and Bangalore
• Available in 7 languages, over 50 currencies
• Serves over 300 manufacturing categories
• Over 200,000 members in 50 countries
• Subscription based model for Suppliers
• Buyers use the marketplace at no cost
“One of the 15
companies that will
change the world”
-CNNMoney.com
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Sample of Buyers Currently Sourcing via MFG.com
• NASA Johnson Space Center• Northrop Grumman• General Dynamics• Spawar Systems• Dassault• Textron• GE
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Opportunities for Innovation
• Direct access to suppliers that have the capability, capacity and credentials to meet exact sourcing needs
• One-to-many communication• Capacity based response• Apples-to-apples format• Community based rating system• Online Intellectual Property Protection• Full Audit Trail
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What our Buyers are Seeing…
• Capacity is the ultimate cost diver• The market is smarter than any one
supplier• Traditional Benchmarking studies are
obsolete
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What to Expect from Marketplaces in the Future
• Global Adoption• Sourcing Offline will become a thing of the
past• Greater Tie-ins with ERP Providers• Vertical Expansion• Should Cost Model