MFG.com Empowers Manufacturing Community with New Solution
Global Leader in Sourcing Customized Parts Adds Standard Parts to its Marketplace
Atlanta, GA - June 11, 2007 – MFG.com, the largest global online marketplace for the manufacturing industry, today announced that sourcing professionals and engineers now have the ability to source for standard industrial parts in addition to custom parts on the MFG.com marketplace.
"Our company's foundation is built around giving manufacturers the tools to do business more efficiently," said Mitch Free, founder and CEO, MFG.com. "By giving our buyer community the ability to source for standard parts, we are further enhancing their MFG.com experience and connecting them with distributors that have the parts that they need at an exact moment in time."
MFG.com's standard parts solution gives sourcing professionals and engineers the tools to source parts for their entire design at no cost to the buyer in one collaborative online community. MFG.com gives their customers the ability to:
- source in a secure, private environment and negotiate cost from the initial purchase to the complete fulfillment of the order
- manage supplier and RFQ distribution lists, locate items and contact the supplier directly
- source not only by part number but alternate part number, national stock number or by technical attributes
- upload or link to engineering prints and files that accompany the RFQ
"MFG.com has built their reputation on delivering the best solution for sourcing custom parts," said Pete Perera, VP of Business Development at Aero Seating Technologies. "They have taken it to the next level by giving me the power to source an entire product assembly including custom and standard parts. I am looking forward to spending a lot less time looking for distributors and more time sourcing."
Distributors now have the ability to:
- have direct contact with buyers that have an immediate need
- manage the quoting process
- build relationships with buyers
"Having access to buyers that have an immediate need for what I am selling gives me a leg-up on my competitors," said Chad Berton, Sales Manager, Code Red Electronics. "For the past seven years, MFG.com has given custom suppliers the ability to connect with buyers around the world and now I have my chance as a distributor. As the standard RFQ volume continues to grow, I will be connecting and distributing my products to new customers around the world."
The new standard parts solution also brings opportunity to distributors and suppliers from around the world giving them direct access to sourcing professionals and engineers that have an immediate need for the parts that they supply. The MFG.com marketplace, which facilitates billions of dollars in manufacturing transactions annually, supports 10 languages and 12 currencies, giving the MFG.com community the ability to do business with people down the street or around the world.
About MFG.com
MFG.com is the largest global online marketplace for the manufacturing industry. MFG.com instantly and intelligently matches sourcing professionals and engineers with suppliers who have the right expertise and capacity to manufacture parts and tooling on demand in accordance with their engineering drawings and CAD files. MFG.com's on-demand service is consolidating the once- fragmented world of manufacturing into an efficient marketplace, enabling products to be sourced and built more easily, quickly, inexpensively, and at higher quality levels. For more information, please visit http://www.MFG.com.
About MFG.com
MFG.com is the largest global online marketplace for the manufacturing industry. MFG.com instantly and intelligently matches sourcing professionals and engineers with suppliers who have the right expertise and capacity to manufacture parts and tooling on demand in accordance with their engineering drawings and CAD files. MFG.com's on-demand service is consolidating the once- fragmented world of manufacturing into an efficient marketplace, enabling products to be sourced and built more easily, quickly, inexpensively, and at higher quality levels. For more information, please visit http://www.MFG.com.