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Xometry Europe Gives Enterprise Customers More Options To Quote And Manage Complex, High-Volume Projects

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Xometry Europe has introduced a new suite of tools for enterprise customers to manage complex, high-volume manufacturing projects. The user-friendly dashboard at Xometry.eu/en offers powerful digital tools for engineers, designers, procurement professionals, and project managers to coordinate and collaborate effectively. These tools provide real-time access to procurement data, enabling smart, data-driven decisions.

Key features include instant quotes, project tracking, quote management, communication with Xometry's production and engineering teams, quotes for various manufacturing technologies, and batch order scheduling. The tools also support quoting for assembly and welding projects. This suite aims to streamline quote and order management while giving customers access to Xometry's vast global supplier network.

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Positive

  • Introduction of new tools for managing complex, high-volume manufacturing projects
  • Real-time access to procurement data for data-driven decision making
  • Expanded capabilities including quotes for assembly and welding projects
  • Access to Xometry's global supplier network
  • Streamlined quote and order management process

Negative

  • None.

News Market Reaction 1 Alert

+5.35% News Effect

On the day this news was published, XMTR gained 5.35%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

  • New, User-Friendly Dashboard At Xometry.eu/en Gives Engineers, Designers, Procurement Professionals And Project Managers Powerful Digital Tools To Coordinate, Collaborate And Manage Complex Orders
  • The Tools Provide Real-Time Access to Procurement Tools So Customers Can Make Smart, Data-Driven Decisions
  • The Tools Streamline Quote And Order Management And Let Customers Tap Into Xometry’s Vast Global Supplier Network

MUNICH, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc., (NASDAQ: XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today unveiled a suite of new tools that make it even easier for enterprise customers to order parts for their high-volume manufacturing projects.

The tools – available to customers in Europe, the U.K. and Turkey – give engineers, designers, procurement professionals and project managers within the same organization everything they need to coordinate, collaborate and manage complex orders.

Through the dashboard, customers can request instant quotes, track the progress of their projects, manage multiple quotes, communicate with the Xometry production management and engineering support teams, get quotes for every available manufacturing technology, schedule batch orders, and more. The tools also give customers the ability to quote projects that require assembly and welding.

“Xometry is pivotal to helping European customers create resilient supply chains, and our new suite of marketplace tools gives customers the information they need to make smart, data-driven decisions for their complex, mid- and high-volume projects,” said Dmitry Kafidov, Managing Director of Xometry Europe. “With these new tools, our customers can harness the full power of our vast supplier network across Europe and around the world, managing everything from prototypes to large-production quantities involving any number of manufacturing technologies.”

Kafidov continued: “Our tools offer our customers an instant window into the status of their orders and give team members the ability to communicate with us in real-time, and ensure that orders are fulfilled on time and within budget. It’s an incredibly powerful suite of tools designed to help the biggest companies tap into our vast – and growing – supplier network.”

The new features are the latest in a series of new offerings that Xometry Europe has introduced this year, including expanded finishing options, which are now available through the company’s 15 local-language marketplaces.

For customers in North America, Xometry recently unveiled Teamspace, a centralized project management software for large, mission-critical projects.

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 AI-powered digital marketplace gives manufacturers the critical resources they need to grow their business while also making it easy for engineers and purchasers at small and large enterprise companies to tap into global manufacturing capacity and create locally resilient supply chains. The Xometry Instant Quoting Engine® leverages millions of pieces of data to analyze complex parts in real-time, matches buyers with the right suppliers globally, and provides accurate pricing and lead times. Learn more at xometry.eu/en/.

Media contacts:
Matthew Hutchison
Matthew.Hutchison@Xometry.com

Illume PR
Xometry@illumePR.com

Investor contact:
Shawn Milne
VP Investor Relations
240-335-8132
shawn.milne@xometry.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8e700070-c0ca-45b6-99ca-c9a34c3db203


FAQ

What new tools has Xometry Europe (XMTR) introduced for enterprise customers?

Xometry Europe has introduced a new suite of tools including a user-friendly dashboard that offers instant quotes, project tracking, quote management, communication features, and batch order scheduling for complex, high-volume manufacturing projects.

How do the new Xometry Europe (XMTR) tools benefit enterprise customers?

The new tools benefit enterprise customers by providing real-time access to procurement data, enabling smart decision-making, streamlining quote and order management, and offering access to Xometry's global supplier network for various manufacturing technologies.

What specific features are included in Xometry Europe's (XMTR) new dashboard?

The new dashboard includes features such as instant quotes, project tracking, quote management, communication with Xometry's teams, quotes for various manufacturing technologies, batch order scheduling, and quoting for assembly and welding projects.

In which regions are Xometry Europe's (XMTR) new tools available?

The new tools are available to customers in Europe, the U.K., and Turkey through Xometry's 15 local-language marketplaces.
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