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Shapeways Enables and Empowers Small to Midsized Manufacturers Through Digitization

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Shapeways Enables and Empowers Small to Midsized Manufacturers Through Digitization

In a recent appearance on the Let’s Talk Supply Chain podcast, Shapeways Holdings, Inc. SHPW CEO Greg Kress discussed the challenges facing the manufacturing industry in its move toward digitization and how Shapeways is playing a crucial role in addressing these gaps.

As a leading innovator in digital manufacturing, Shapeways is revolutionizing the global manufacturing industry by providing on-demand manufacturing and simplifying complex production processes through its own software. The company is empowering small and midsized manufacturers to digitize their operations and expand their capabilities by granting them access to Shapeways’ proprietary software and extensive support.

“Small and midsized manufacturers are driving tremendous innovation in the US,” said Kress. “They are the backbone of the manufacturing industry, and we want to ensure their success.”

Kress drew a parallel between Shapeways’ business model and what Toast TOST achieved in the restaurant industry. Like Toast, a cloud-based restaurant management software, Shapeways is providing the resources and tools that small and midsized manufacturing companies need to thrive in the digital age.

“In the past, accessing industrial-grade manufacturing equipment required a significant investment of money, expertise, and time,” explained Kress. “With Shapeways, anyone can now access on-demand manufacturing services at scale.”

Shapeways is democratizing the manufacturing industry, making it more accessible to small and midsized companies. The company has made substantial investments in digitizing its operations and developing scalable software tailored to the market’s needs.

During the podcast, Kress also discussed the impact of the pandemic on manufacturing workflows and highlighted the need for improved supply chain flexibility. He emphasized:

“COVID has reshaped the playing field. We’re witnessing a significant increase in onshoring, and businesses need to adapt to meet the new expectations of the market and address supply chain challenges.”

Shapeways has emerged as a solution to these challenges. The launch of their proprietary software platform, OTTO, streamlines the ordering process, analyzes files, and accelerates production. OTTO offers labor efficiency, asset utilization, and inventory cost benefits while fostering stronger relationships between manufacturers and customers.

To further support manufacturers and buyers, Shapeways acquired MFG in 2022. MFG allows buyers, including engineers and product designers, to submit requests for quotes (RFQs) to its network of independent manufacturers. This enables buyers to quickly obtain multiple quotes at no cost.

Manufacturers benefit from increased leads and stronger customer relationships. But Shapeways doesn’t stop there. With enhanced investment in MFG, the platform introduces new features for order and transaction management, streamlining processes and payments for improved efficiency.

Shapeways recently launched MFG Materials, a feature that provides paid members with discounted access to a wide range of raw materials. Kress shared the success of their multi-tiered model:

“Our customers see rapid returns on their investment with MFG. Closing just one order on the platform can pay for their MFG membership for the next two years. The process offers a strong return on investment.”

With its innovative, on-demand manufacturing services and software, Shapeways is well-positioned to revolutionize the manufacturing industry. The company’s mission is to share its knowledge and insights with other industries, enabling them to remain competitive in an ever-evolving market.

Learn more about Shapeways’ impact on the manufacturing and software industries.

 

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