IMTS 2022 Conference: A New Era in Manufacturing – Digital Marketplace
A New Era in Manufacturing: Digital Marketplace with Xometry
GIE Media’s Manufacturing Group

IMTS 2022 Conference: A New Era in Manufacturing – Digital Marketplace

Learn how to use a digital marketplace to improve your company.

August 15, 2022

About the presentation
Manufacturing is foundational to the global economy because it brings innovation taking place across numerous industries to life. Its success going forward relies on digital marketplace platforms to efficiently connect buyers and suppliers to produce tomorrow's transformative technologies. Digital marketplaces are ushering in a new era where engineers and enterprise buyers can connect with manufacturers worldwide to make products that are the backbone of our economy. This paradigm shift impacts how future-oriented engineers are sourcing and pricing their prototype and production projects, from conceiving part designs to manufacturing them. Marketplace manufacturing acts as a supply chain consolidator without the downsides of single-sourcing or geographic vulnerabilities. It uses a distributed manufacturing strategy with a platform used by both customers and manufacturers.

Powered by AMT and managed by GIE Media, The IMTS 2022 Conference features 69 different sessions you won’t want to miss so register today. Focused on a range of topics that include process innovation, plant operations, quality/inspection, and automation, The IMTS 2022 Conference addresses improving productivity; improving part quality; and developing a stable, competent workforce to lower the cost of manufacturing in the United States and create new levels of market demand.

Meet your presenter
Greg Paulsen leads the applications engineering team at Xometry. He works with customers and suppliers on unique projects and shares the capabilities of Xometry's proprietary digital manufacturing marketplace. He sits at the intersection of technology and manufacturing, and under his direction his team plays a key role in Xometry’s mission of accelerating the digitization of the industry. He’s also a subject matter expert in 3D printing, CNC machining, injection molding, and beyond.

About the company
For years, the on-demand manufacturing industry suffered from a lack of consistent pricing driven mainly by existing manufacturing sourcing and procurement processes that were complex, uncertain, costly, and time-consuming. Pricing was opaque. Xometry focused on developing a means to generate an instant and accurate price for our buyers and allow sellers to source curated manufacturing opportunities that match their specific processes and capacity. Artificial intelligence (AI) gives us the tools to create a machine learning approach that accurately and quickly prices part designs and lead times and matches them to the appropriate sellers. It allows us to combine part features with data gathered from financial transactions conducted on our marketplace to construct and continually improve prices that both buyers and sellers find acceptable across a wide range of designs, materials, and sizes.