MakeTime CEO to Highlight Manufacturing Startup’s Growth at The MFG MeetingKAM
MakeTime founder and CEO, Drura Parrish, has been invited to speak about his Lexington, Ky-based startup at this year’s The MFG Meeting on March 24, 2017 at 10am in Amelia Island, Florida. The annual manufacturing event, hosted by the Association for Manufacturing Technology (AMT) and National Tooling and Machining Association (NTMA), brings manufacturers and suppliers together from around the world to discuss and address industry challenges. As rapidly accelerating technologies threaten long-established business models and markets, MakeTime’s Parrish is in a unique position to address the shifting manufacturing landscape.
Since its beginning in 2014, MakeTime has grown from two people with an idea about utilizing idle machining capacity to a tech company with more than 50 employees. A leading domestic contract manufacturer that enables the production of CNC machined parts, the company also develops proprietary technologies that streamline and speed procurement. To date, the company has raised more than $12 million in series-A funding, obtained an Inception partnership with NVIDIA and put together the largest, connected and qualified machining supply base in the country. As technology becomes increasingly intertwined with manufacturing, MakeTime and Parrish present an interesting case study on how tech and manufacturing both stand to gain and grow with one another.
“We want the whole supply chain to win, so getting to speak at MFG is ideal,” explains Parrish. “The question isn’t one of how technology is going to disrupt manufacturers and suppliers; the question is how much. At MakeTime, we’re confident that embracing new technologies, especially data, the cloud and deep learning, can fuel a resurgence of manufacturing in this country everyone can benefit from. We hope what we’re making is part of that.”
MakeTime is an online platform that enables companies to produce machined components quicker and more efficiently than ever before. MakeTime does this by collecting unused CNC machine time from qualified machine shops across the United States and placing each order with the right shop for the job. MakeTime’s software helps customers streamline time-wasting processes, gives insight and transparency to a confusing process, overcomes capacity shortages and takes the mystery out of pricing. Our goal is to make CNC machining production straightforward and simple. MakeTime is located in Lexington, KY, in the heart of American manufacturing.