Xometry Instant Quoting Engine Adds Features
The quoting engine adds Support for more than three dozen materials and finishes, including galvanized steel, stainless Steel and sheet-metal fabrication, and custom CNC materials.
March 31, 2023
Xometry reports that its Instant Quoting Engine can now automatically quote parts with multiple finishes. The company also announced expanded auto quote capabilities for sheet metal fabrication, as well as galvanized steel and stainless steel offerings for CNC machining.
“Our AI-driven instant-quoting capabilities are at the heart of our marketplace, and we’re continuously adding new functionality to make it even easier for buyers to find the right supplier to produce the goods of tomorrow,” says Brendan Sterne, chief product officer of Xometry. “Through our auto-quote functionality, buyers see multiple price and lead-time options in real-time, simplifying a process that once took days to complete. With each new material and finishing addition to the auto-quote system on xometry.com, we’re helping further digitize the manufacturing industry.”
Supporting Parts With Multiple Finishes
Within Xometry’s Marketplace, buyers can identify parts requiring multiple finishes and the company’s Instant Quoting Engine will automatically update. This instant feedback helps buyers make decisions in real time and choose the best option or options for their prototypes or production runs.
Additional expansions to the quoting engine menu include:
- A new quick-turn injection molding service for quotes in as little as 2 hours and parts in as little as 5 business days; and
- Custom CNC materials such as tool steels and ULTEM, or polyetherimide (PEI) machined parts offering high strength and stiffness, high temperature and chemical resilience
Xometry also debuted an enhanced order page summary. The new order page gives customers an at-a-glance view into their purchase history and or current order status.
In related news, Xometry has delivered instant quoting to Alibaba Group’s 1688.com on-demand manufacturing services. Alibaba Group’s 1688.com, China’s large integrated domestic wholesale marketplace, and Xometry report that Xometry’s Instant Quoting Engine will be embedded in 1688.com’s on-demand manufacturing services. The move gives buyers in China the ability to receive instant quotes and lead times from Chinese suppliers, data that is fueled by Xometry’s AI-powered Instant Quoting Engine. Xometry will provide real-time pricing and lead times.
In helping Chinese companies instantly source suppliers for manufacturing projects, Xometry’s AI powered Instant Quoting Engine technology embedded within 1688.com will help domestic companies strengthen their local supply chains. It will also digitize the process, creating efficiencies from product conception to manufacturing, allowing goods to get to market faster.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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