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On-Demand Manufacturing, MakeTime Inc. coming to a planet near you!

On-Demand Manufacturing, MakeTime Inc. coming to a planet near you!

On-Demand Manufacturing to the rescue! Almost 500 manufactures have recently signed up as a purchaser or vendor of machine time. What does this mean? It means that thanks to a company a little more than half a year old, companies in need of manufacturing (computer-programmed machinery) services can be aligned with companies that have idle machines ready to be used. The company is called MakeTime Inc. Buyers and sellers on MakeTime upload project specifications that would need CNC machines—typically lathes, drills, laser-jet and other machines used to forge products out of metal, wood or other materials—via computer programs designed to meet exact manufacturing specs. An example would be, if you needed 1000 industrial components you created in CAD/CAM (jobs for CAD/CAM) and wanted them at the end of the month; post it on MakeTime.io and receive price bids from multiple companies with available machines. When you pick someone you like and a price is agreed upon for the project, you’ll pay MakeTime. When this happens they’ll pay the manufacturer half upfront and then the remaining minus MakeTime’s %15 percent cut once you approve the job was completed to your satisfaction. MakeTime has a vetting system in place for determining the…

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