MakeTime Blog Update
We have moved our blog to www.maketime.io/blog
Same great content. Just a different URL.
Come check us out!
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2025 on Tumblr: Trends That Defined the Year
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@maketimemarket
MakeTime Blog Update
We have moved our blog to www.maketime.io/blog
Same great content. Just a different URL.
Come check us out!
An examination of the missed potential revenue from machine capacity utilization
MakeTime did the math, so you don’t have to.
Machine Marketplace MakeTime Raises $2.65 Million in Series A Round led by Almaz Capital and with participation from Kentucky Science & Technology Corporation
Wow, thank you tech cocktail for featuring us!
3 Benefits of Digital, Distributed Manufacturing with MakeTime.
Sign up and instantly purchase machine capacity for your manufacturing needs at www.maketime.io
For more info, read our blog post https://maketime.io/blog/?p=115
It's official! We couldn't be more ecstatic to share the news with y'all: "MakeTime Raises $2.65 Million in Series A Funding"
http://www.marketwired.com/press-release/maketime-raises-265-million-in-series-a-funding-2034219.htm
A visit to Clark Machine Tool & Die of Nicholasville, KY.
Happy National Week of Making!
Fantastic turnout this weekend for the grand opening of Kre8Now Makerspace, Lexington's community workshop. Kre8Now offers CNC cutting, screen printing, 3D printing, individual work and storage spaces, a shared shop floor, a shared lounge, classroom and more.
Learn about this amazing community makerspace and show your support at www.kre8now.com/
Kre8Now’s Makerspace grand opening is this Saturday!
Come out and meet the vendors, makers and doers of Lexington.
We’ll see you there!
903 Manchester #120 Lexington, KY 40508
11a.m - 5p.m
This Saturday, OpenLexington and DrinkTank will be hosting National Day of Civic Hacking at our MakeTime office!
Come explore open data, new and existing projects as well as a session on Principles for 21st Century Government.
Thank you to the brave who have sacrificed their lives so that we may have ours.
May we always remember...
🇺🇸❤💙
#ThankYou #America #LandOfTheFree #HomeOfTheBrave
Exciting news here at MakeTime: our marketplace has officially hit over 2 million hours!
We are continually growing in machine capacity to supply manufacturing demands.
Join us in the future of making: https://maketime.io/
3 Benefits of Digital Distributed Manufacturing with MakeTime
The manufacturing industry is on the precipice of major change. Advances in manufacturing automation, mobility and machine-to-machine (M2M) communication are the next great steps to manufacturing efficiency and sustainability. Despite all of this technology, we’re still invoicing with paper and pencil. We do everything on the internet and through the cloud, why should manufacturing transactions be any different?
The simple answer - they shouldn’t. MakeTime, the only online 2-sided marketplace for manufacturers and suppliers, is making digital manufacturing transactions a reality. Here are 3 reasons why you should be on board:
Cost Reduction
Reduced time always translates to reduced costs. A web-enabled distributed manufacturing model means shorter lead times across your supply chain. For new products, this means it takes less time to go from idea to prototype, and prototype to production runs. For existing supply chains: effort to production and production to market. Additionally, ‘virtual capacity’ means the elimination of overhead costs, the reduction of sourcing costs to an insignificant function of labor and eliminating warehousing costs by enabling a JIT production model.
Scalability
Imagine a virtual factory at your fingertips. When you need to produce more than your machine capacity or capabilities allow or scale production of a new product, you can simply buy time on someone else’s machine to meet demand. This type of on-demand scalability means an unprecedented opportunity for increasing revenue while at the same time offering flexibility in reacting to consumer demand in real time.
Transparency
Knowing who you’re working with, what is happening and when things are happening every step of the way is critical to supply chain success. Moreover, consumers now demand information as to where and how their products are made. Digital, online transactions mean direct contact with your supplier and a record of project status every step of the way.
This type of online-based distributed manufacturing enabled through MakeTime is revolutionizing the way businesses negotiate and transact to produce goods across America by building a more cost efficient, secure, transparent, flexible and scalable supply chain.
MAKETIME KENTUCKY STARTUP TO REPRESENT THE BRIGHTEST IN SOUTHERN STARTUPS
MakeTime Inc.
MAKETIME KENTUCKY NATIVE STARTUP TO REPRESENT THE BRIGHTEST IN SOUTHERN STARTUPS AT VILLAGE 36 CONFERENCE
Lexington, Ky. May 14, 2015 - MakeTime, an online marketplace for manufacturers, designers, and makers, is one of 36 startups invited to participate in 36|86’s Village 36. Village 36 will showcase the southeast’s most innovative startup companies spanning 17 industries and collectively raising over $18M in capital. The event will have two full days of high quality programming with speakers from renowned businesses such as TechCrunch, EventBrite, Uber and many more.
MakeTime will be showcasing its online marketplace that has revolutionized the way things are made. Currently hosting one million hours of machine capacity available for instant purchase online, manufacturers and OEMs experience dramatically reduced lead times, no sourcing costs, and the power of unlimited scalability. From large machine shops and OEMs looking to build their own supply chains to the individual designers in need of a low volume production run, MakeTime offers an unprecedented manufacturing solution.
Other companies invited to Village 36 include:
Feetz: a custom 3D printing shoe service for a more tailored, personal fit. The shoes can be designed and personalized to any individual's preferences, getting rid of the compromise of style, fit and comfort with mass manufactured shoes.
WorkAmerica: a talent pipeline management service closing the skills gap to create access to job opportunities through vocational education. WorkAmerica recruit top students on behalf of clients looking for talented employees.
Kanga: an on demand local delivery service helps customers move anything, anywhere. Kanga gives access to a network of on-the-spot certified drivers ready for customer needs. It is a simple and affordable way to offer same day delivery.
For more information, contact Kasey Hall:
Tel: 844.625.3846 ext. 704
Cell: 859.608.5893
E-mail: [email protected]
Happy National Bike To Work Day! We don't just help frame builders make bikes, we have some avid cyclists ourselves smile emoticon
We're also excited to be the presenting sponsor for Easy Rider Cycling (http://easyridercycling.com). Come out this Sunday at 3 p.m for the opening of the Spring Short Track Series in Lexington, KY.
Bring your bikes, and bring your friends. We'll see you there!
Check out Steve’s new addition to his sword arsenal!
Steve had an idea and contacted MakeTime. We were able to draw this crazy sword for him. He posted his drawing to the marketplace where MakeTime member Full Circle 4x4 was awarded the job.
Steve requested time on a CNC Laser, but ended up having the job completed on a plasma cutter. The end result: Steve’s daughter’s boyfriends are really minding their p’s and q’s.
How To Build Your Own Supply Chain
By Kasey Hall, Director of Marketing for MakeTime
This is the age of making things more efficiently. Consumers want customizable, high quality items on-demand. To do so one must have a lean, mean supply chain machine. In the globalized world of today, we have unbundled supply chains. They crisscross the globe taking advantage of cheap labor in one country and high-tech product development in another. However, a globe-trotting supply chain makes it difficult to react quickly to the ever changing consumer set who want highly customizable, high quality products. This leads to:
Vulnerability. One small hiccup in the supply chain halfway around the world takes time and money to fix.
Increased shipping and storage costs.
Lack of flexibility for product diversification and customization.
So, how do we avoid the shortcomings of our current supply chain system?
You build your own. Create a supply chain that allows you to quickly adapt to changes in the consumer environment by multi-sourcing production to eliminate supply chain hiccups all while taking advantage of the cheapest and fastest ways of making things. Here is how:
Eliminate the complexity and vulnerability of overseas supply chains by dividing your supply chain into smaller, more nimble ones. If one goes down, multi-sourcing allows you to make another supply chain to pick up where the other left off. Manage your risk.
Reduce shipping costs, increase your transparency, and better manage your production by locating your new, nimble supply chains closer to consumers, thus allowing you to adapt quickly and flexibly to consumer demand. Transparency means getting the quality you need. This saves you time, money and hair among other things.
Only buy what you need, when you need it. Using an online marketplace like MakeTime you can instantly but machine time, allowing you to quickly, cheaply and efficiently manufacture your new products at the desired level of customization. This reduces sourcing costs, storage costs, and manufacturing overhead.
Reducing the time, complexity, cost and sourcing of supply chains allows you to focus on what is most important - keeping your customers happy.
Kasey Hall is the Director of Marketing at MakeTime. She fell in love with her first CNC Machine in a basement on the campus of the University of Kentucky, where she was formally trained as an architect and marketer. Follow her tweets @maketimemarket.
For more information about MakeTime please visit our website www.maketime.io or e-mail [email protected].
May The 4th Be With You.