Xometry Releases Latest ‘Thomas Industrial Sourcing & Supply Chain Activity’ Report
January 24 2022 - 11:48AM
Business Wire
Xometry (NASDAQ: XMTR), the AI-driven digital marketplace that
connects enterprise buyers with manufacturers globally, today
released the latest ‘Thomas Industrial Sourcing & Supply Chain
Activity Snapshot’ identifying the top products and services
sourced by North American manufacturers as well as predictions for
the quarter ahead. The report from Thomas, a leading platform for
product sourcing, supplier selection, and marketing solutions for
industry, identifies cyclical trends within the U.S. manufacturing
and industrial economy drawn from the Thomasnet.com® platform,
which now serves 1.4+ million registered users.
“Our Thomasnet.com platform sourcing data reveals exclusive
insights and provides a telling narrative into the activity and
trends shaping the industrial economy,” said Shawn Fitzgerald,
president of Thomas, a Xometry company. “We predict that in the
quarter ahead, ongoing global shipping delays and supply chain
disruptions, as well as Industrial Internet of Things (IIoT)
growth, will continue to have a major impact on industry at large.
Thomas’ proprietary data and the Xometry marketplace together are
strategic assets that can help decision-makers create resilient and
impenetrable supply chains so they can smartly plan for the
future.”
The complete Sourcing Activity Snapshot is now available for
download. A brief preview includes:
Top 5 Manufacturing Trends:
Top 5 Products
Top 5 Services
Top 5
Products/Services
Sourced Q4 YoY
(2020/2021)
1. Printed Circuit Boards (PCBs)
1. Engineering Services
1. Light Emitting Diode (LED) Lamps; up
1967%
2. Steel
2. CNC machining
2. Cable Wire; up 757%
3. Lumber
3. Machining
3. Engineering Services; up 708%
4. Medical Equipment & Supplies
4. Metal Fabrication
4. Machine Parts; up 607%
5. Clothing
5. Metal Stamping
5. Gymnasium Equipment; up 533%
Every second, a buyer, engineer, or other purchase
decision-maker visits Thomasnet.com® to source products and
services and find a supplier.
About Xometry
Xometry (NASDAQ: XMTR) powers the industries of today and
tomorrow by connecting the people with big ideas to the
manufacturers who can bring them to life. Xometry’s digital
marketplace gives manufacturers the critical resources they need to
grow their business while also making it easy for buyers at Fortune
1000 companies to tap into global manufacturing capacity.
About Thomas
Thomas, a Xometry (NASDAQ: XMTR) company, connects industrial
buyers and sellers on the Thomasnet.com® platform to inform
strategic decision-making, build supply chains and grow businesses.
Thomas’ proprietary sourcing activity data and its full-funnel
marketing services for manufacturers complement Xometry’s AI-driven
digital marketplace to accelerate every stage of the digital
transformation of industry.
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version on businesswire.com: https://www.businesswire.com/news/home/20220124005616/en/
Matthew Hutchison 415-583-2119 matthew.hutchison@xometry.com
Xometry (NASDAQ:XMTR)
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