The last two years have highlighted systematic challenges within the manufacturing industry. These affect all parts of the supply chain, from those who need things made to the manufacturers and supporting industries. Standard sourcing puts the burden on the buyer, leading to time-consuming back and forth, vulnerabilities with single points of failure, and a generally opaque market where the right supplier may exist but just isn’t visible. Procurement challenges affect all projects, from a quick prototype to critical component supply for medical devices, and the market is looking for solutions.
Digital manufacturing marketplaces have demonstrated success through distributed manufacturing and building technology-driven connections. In 2022, we predict these platforms will continue democratizing access to manufacturing and reduce disruptions to supply. Marketplace platforms like Xometry will act as a digital twin, seamlessly connecting manufacturers with relevant projects.