The $300 million purchase of Thomasnet would enable Xometry to expand both its buyer and seller bases. Xometry will expand the range of products it offers by including fintech and digital marketing items. This combines with the fact that it sells tools, which is unusual for a digital manufacturing marketplace, to make it a one-stop shop for products and services. Xometry is trying to become the Amazon of digital manufacturing. Additionally, Xometry provides raw materials and manufacturing equipment. The ongoing relationship of industrial buyers seeking sellers is undergoing some radical changes and these effects have some serious long run implications for American manufacturing. Xometry is making a serious attempt to change the dynamics of this relationship. It is critical to understand these two buying processes: Thomasnet connects buyers with sellers.
Xometry controls & executes the transaction. The issue of how much control buyers will give to a second party and lose personal relationships will define the next generation of industrial buying.
The normal functioning of CNC machines is done along the three Z, X, and Y axes. The five axes machines have two more axes accessible, which are namely A and B. The addition of the two extra axes makes it easy to cut complex and intricate parts...
CNC Machining
CNC machining is an electromechanical process that manipulates tools around three to five axes, with high precision and accuracy, cutting away excess material to produce parts and components. The initial designs to be machined by CNC machining are created in CAD...
CNC Milling
The CNC process was developed in the 1950‘s and took a leap forward in the 1980‘s with the addition of computerization. Unlike other production processes, CNC begins with a rendering by a computer, which creates a two or three dimensional representation of the part to be produced...
G-Code
G-code is the name of a plain text language that is used to guide and direct CNC machines. For most modern CNC machines, it isn‘t necessary to know the meaning of G-codes since CAD and CAM software is translated into G or M codes to instruct a CNC machine on how to complete a process...
M-Code
Computer numerical control (CNC) is a fundamental part of modern manufacturing. The majority of machines operate using instructions and guidelines that have been downloaded using a CNC program controller...
Types of Machining
Machining is a manufacturing process used to produce products, parts, and designs by removing layers from a workpiece. There are several types of machining that include the use of a power driven set of machining tools to chip, cut, and grind to alter a workpiece to meet specific requirements...
Contract Manufacturing
Contract manufacturing is a business model where a company hires a manufacturer to produce its products or components. It is an outsourcing method for producing products by taking advantage of the resources and expertise of...
Metal Fabrication
Metal fabrication is the process of turning sheet metal and other flat metals into predetermined forms. The process begins with sheet metal no thicker than a quarter inch. The metal is malleable enough to take on various shapes at...
Sheet Metal Fabrication
Sheet metal fabrication is metal that has been formed into thin and flat sheets which is then cut and bent into various shapes. Different metals, brass, steel, copper, tin, titanium, aluminium, etc., can be made into sheet metal...