S02E09 | Fractory
Manage episode 345207962 series 3391754
Fractory is a multi-national digital manufacturing platform, enabling designers to obtain instant quotations for the production of parts based on their CAD drawings, and to manufacture and deliver the parts quickly and reliably to anywhere in the world.
In September 2022 we met up with Johnny Ly and Mark Kerwin to talk about the Estonian start-up's bold claims and discuss the future of digital platforms in the metal and engineering sectors.
Having spoken with the now-defunct digital start-up SteelScout in the first season of The Metal Guys Talk Business, we were intrigued to speak with Fractory, another digital platform with significant financial backing.
With more than 33,000 satisfied orders completed and 2.5 million parts supplied, the business is already well set, and after securing more than $9 million USD in Venture Capital funding we were interested to learn more.
Amongst other things we talk about:
* Who are Fractory?
* What is the plan for the business, and why should people care?
* How are they onboarding suppliers and customers?
* Is this a purely digital platform, or can you talk to the team?
* How does the platform work for suppliers?
* What technical expertise do they have in-house?
* Credit for suppliers
* Financial backing and growth plans
* Is it 'just another web store' or a 'legitimate digital platform'?
* Why suppliers shouldn't fear the platform
* New markets
* Quality, and keeping this consistent for customers
Visit the Fractory website to find out more about the business, or to become a supplier or customer: https://fractory.com/
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SEASON TWO of The Metal Guys Talk Business is sponsored by:
The UK Metals Expo - 13th-14th September 2023, NEC Birmingham - ukmetalsexpo.com
Anglo Stainless - Supplier of stainless steel pipes, fittings and flanges - anglostainless.co.uk
Amron Architectural - Specialists in metal meshes and architectural finishes - www.amronarchitectural.co.uk
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The Metal Guys Talk Business is created and produced by Comton Group. Comton Group are a Metal and Engineering Agency supplying Temporary, Permanent and Contract Staff and Media and Marketing services. Comton Group also publish a digital publication 'The Metal Magazine', which features the latest news and information from across the Metal and Engineering sectors.
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32 episodes