Cape Fear Automation Achieves Positive ROI

BACKGROUND

Founded by Peter Merritt in 2002, Cape Fear Automation provides leading-edge technological solutions to complex problems. Focused on custom-machined parts, Cape Fear prioritizes single-source, turnkey solutions from sales to engineering and machining to fabrication and machine design. Part machine shop, part contract manufacturer, Cape Fear has the capacity and expertise to efficiently work with both local and national shops.

BUSINESS CHALLENGE

Merritt joined MFG.com with the specific goal of maximizing his workflow and putting a greater emphasis on custom-machined parts. "Custom parts are typically low-volume, but not always quick to manufacture. Staying true to our custom-parts focus while also satisfying our need for increased production on our supply side required a solution. The Marketplace provided an economical, focused answer, helping us save time and money."

SOLUTION

Using MFG.com's regional analysis capabilities and Supplier Ranking System, Cape Fear was able to pinpoint suppliers that specifically fit their capabilities and needs at the moment they were needed. "We're always looking for suppliers that provide us quality parts fast and at a competitive price," says Merritt. "Now, we can efficiently analyze suppliers to quickly determine if they adequately fit our needs."

RESULTS

Since joining the marketplace in 2014, Merritt says "MFG.com has helped us effortlessly determine our manufacturing costs and where we're most competitive. But it has also allowed us to quickly source mid-tier custom parts, keeping our focus on high-end, in-house custom-parts manufacturing. Using the Marketplace, we've taken our return on investment from a loss to a profit. The platform has given us the business intelligence necessary to source and move forward with confidence."

Objective Benefits Achieved
Product Expansion In conjunction with their machining and contract manufacturing capabilities, Cape Fear also provides wood working tools. "MFG.com is going to be instrumental in expanding that tool line."
Benchmarking Using the Marketplace, Cape Fear was able to gain valuable market intelligence. "Based on price, we were able to generate a make/buy comparison, ultimately streamlining our business model."

 

"MFG.com has helped us effortlessly determine our manufacturing costs and where we're most competitive. Using the Marketplace we've taken our return on investment from a loss to a profit. The platform has given us the business intelligence necessary to source and move forward with
confidence."

 

Peter Merritt
Founder, President of
pmerritt@capefearautomation.com

 

Download Cape Fear Automation Case Study