The ongoing relationship of industrial buyers seeking sellers is undergoing some potentially radical changes, and these effects have some serious long-run implications for American manufacturing.
Xometry purchased Thomasnet for 300 million dollars in Dec. 2021, and it is a serious attempt to change the dynamics of this relationship. It is critical to understand first this buying process.
Thomasnet connects buyers with sellers.
Xometry controls & executes the transaction.
Chapter 1: What is On-Demand Manufacturing & Take Rate?
.............the fallacy of on demand…….hire a broker!
On-Demand Manufacturing vs Take-Rate
Take-Rate, a commission on placed orders & On-demand are part and parcel of the same thing. On-demand manufacturing is an approach to production where goods, products, and parts are produced as needed, in specified quantities, and within a required time frame. It is a method of manufacturing that minimizes the need for inventory control and warehousing costs and helps customers in marketing their products. The premise of on-demand manufacturing is built on the concept that orders are immediately placed into production upon receipt, resulting in on-time deliveries and quick turnarounds.
Is on-demand manufacturing a disguise for take rate manufacturing?
Yes, here’s why…
In the context of online marketplaces and e-commerce, a "take rate" refers to the percentage of a transaction's total value that the platform or marketplace retains as a commission or fee for facilitating the transaction.
What it is:
The take rate is essentially the fee a marketplace charges for allowing sellers to list and sell products or services on their platform.
How it's calculated:
To calculate the take rate, you divide the amount of revenue earned from a transaction by the total amount of the transaction, then multiply by 100 to get a percentage.
Top 5 Manufacturing On Demand Companies 9/27/24 according to Factorem
Factorem
Protolabs
Xometry
Stratasys Direct Manufacturing
Fictiv
