Marketplace FAQs
What is MFG?
MFG is an online manufacturing marketplace and the most well-established platform of its kind in the world. Its mission is to make it easy for buyers to find the right suppliers and for manufacturers to reach new customers. MFG instantly connects companies seeking custom manufacturing services with qualified manufacturers and job shops, both domestic and global.
To date, some 26,000 parts manufacturers and 75,000 buyers and engineers have used MFG to conduct business.
How does it work?
Manufacturers utilize MFG to find qualified customers and expose their facilities to buyers who are searching for parts manufacturers. For buyers, the marketplace streamlines and simplifies the process of finding a qualified manufacturing partner. By aggregating all the key details of manufacturing facilities, buyers have all the information they need right at their fingertips to locate the best supplier for their needs.
Is MFG worth it?
For both buyers and suppliers, MFG is a great tool and worth using.
For small and medium custom manufacturers, MFG is a channel to find new customers through bidding on Requests for Quote, building your online presence, and saving on overhead through exclusive raw material discounts. Some features, such as a public profile in our Manufacturer Database, are completely free. Others, such as bidding capabilities and raw materials discounts, come with our subscriptions. MFG is worth investing in to grow your business and find steady, repeating orders.
Buyers find value in MFG through both time and cost savings. Submitting one RFQ and receiving multiple quotes is a good way to streamline your procurement process and simplify sourcing efforts. Plus, by getting multiple bids, buyers can easily compare manufacturers and find the best partner for a project based on pricing, speed, past work, or any other criteria you might have.
The MFG platform recently underwent a transformation. What’s changed?
MFG has integrated new, enabling technologies—including artificial intelligence and SEO optimization—to better connect the manufacturing marketplace and to make it easier for buyers and manufacturers to discover one another. Key enhancements include:
- Advanced search—filter suppliers by geography, capabilities, certifications, etc.
- Ability to easily and quickly create and post RFQs
- Peer ratings and reviews to help buyers choose the right supplier
- Unique, SEO-optimized profile pages that help suppliers get discovered by buyers
- Intelligent RFQ routing based on manufacturer’s attributes
- Net Promoter Scoring (NPS) that lets suppliers measure customer loyalty
The revamped platform also now offers a more fluid, easily navigable site design and in-application messaging to facilitate communication between users.
What are MFG’s biggest differentiators?
MFG’s biggest differentiator is the robustness of its platform. Unlike its closest competitors that are more like static manufacturer guides or listings, MFG is a truly interactive marketplace.
Manufacturers gain visibility on MFG by creating unique, SEO-optimized profile pages and can also search for RFQ opportunities. Buyers can search for domestic and global suppliers by location, capacity, capabilities, certifications, and other criteria. Or, they can create and post RFQs in just minutes to start getting competitive bids.
In fact, MFG’s ability to dramatically reduce the time and complexity of RFQ creation is a huge competitive differentiator.
What types of manufacturers can be found on MFG?
Buyers and engineers can quickly and easily source CNC machining services, assembly, injection molding, metal stamping, and metal fabrication companies on MFG. Capabilities are primarily for plastic, metal or rubberized parts.
Is MFG a broker?
MFG is not a brokerage. Instead, its role is to serve as an objective liaison between buyers and suppliers and to provide the tools that facilitate conversation between them. The company also vets and qualifies all marketplace members and ensures the accuracy and completeness of posted data.