Katie Bisson is the PR & Events Manager for Xometry. She has over 3 years of experience in the manufacturing industry, including working in-house for a local manufacturer. Katie is most known for representing Xometry at trade shows nationwide where she enjoys learning from both our Partners and … More »
MCADCafe Industry Predictions for 2020 – Xometry
January 28th, 2020 by Katie Bisson
Xometry, the largest global on-demand manufacturing marketplace, has seen the rate of innovation increase rapidly through our work with industry leaders in defense, aerospace, automotive, and consumer products. Based on trends in 2019, Xometry predicts the manufacturing landscape will continue to change in 2020 with reduced supply chain challenges from increased reliance on additive manufacturing and marketplace manufacturing models.
In 2020, manufacturing marketplaces like Xometry’s manufacturing as a service (MaaS) model and the increase in additive manufacturing services will reduce concerns about capacity and supply chain. Manufacturing marketplaces allow businesses, ranging from startups to Fortune 500 companies, to leverage a global network of qualified manufacturers by matching their project needs with the most capable suppliers. This gives companies access to manufacturers beyond their geographical limits.
Companies leveraging more additive manufacturing will also see innovation increase exponentially due to low costs and quicker lead times inherent through 3D printing services. This technology will provide companies with a new way to innovate and supplement their current supply chain.
Even the supply chain for manufacturers has benefited from marketplace models. In 2020, small and large manufacturers will be leveraging vendors who can provide cost-effective, high-quality, and fast shipment of the supplies needed to complete jobs. Companies will require manufacturers to continue to provide their parts fast without sacrificing quality.
Xometry has developed two divisions focused on supplying manufacturers: Xometry Supplies and Xometry Finishing Services. Each one uniquely addresses historic challenges with the procurement of raw materials to produce parts, as well as downstream post-processing and qualification of manufactured goods.
Category: Industry Predictions