On April 3, 2025, at 3:10 PM, Moritz König, CEO of FACTUREE, will deliver an expert lecture at Hannover Messe 2025 in Hall 2, Stand B02. He will discuss why Should Costing often fails and how companies can reduce their procurement costs by 20%. The presentation is designed for engineers, project managers, and buyers seeking more efficient procurement strategies.
From the March 31 to April 4, 2025 we are on the HANNOVER MESSE represented. Visit us in Hall 2, Stand B16 at the joint stand "Berlin-Brandenburg Innovation Market".
Get to know FACTUREE personally, discover our digital procurement solutions and exchange ideas with our team.
We look forward to your visit!
"Should Costing" is a widely used method for cost calculation – but it reaches its limits when it comes to custom-made parts. Why? Because every manufacturing request is unique, and factors such as material availability, production capacities, and manufacturing technology play a crucial role.
Wevolver has explored this topic and analysed why "Should Costing" often fails in practice. Read the full article on WeVolver.com
Participate in the international procurement market with Digital Procurement without having to pay "tuition fees"
How FACTUREE gives German SMEs access to the global procurement market
Berlin, February 12, 2025 - The global procurement market generally offers companies considerable added value, such as price advantages. For small and medium-sized enterprises (SMEs), however, there are often major hurdles to overcome. Language barriers, country-specific regulations, complex legal frameworks, a lack of market knowledge and more make this step difficult. FACTUREE (www.facturee.de), a specialist in digital procurement, enables SMEs to benefit from the advantages of international procurement markets without having to take the risks.
The current tense economic situation requires German SMEs to position themselves more independently of influencing factors such as geopolitical uncertainties, volatile commodity prices and supply chain disruptions. Procurement strategies that promote flexibility and resilience are in demand now and in the future, and therefore also include cross-border purchasing. However, without in-depth market knowledge and established networks, SMEs face considerable challenges.
"We have noticed that SMEs in particular are currently very price-driven, which is increasingly motivating them to participate in the international procurement market. This harbors enormous potential, but also uncertainties. Without the necessary experience, many companies literally pay a high price - be it due to quality problems, poor accessibility of manufacturers or regulatory pitfalls that make it difficult to comply with standards, for example. Added to this is the logistical complexity resulting from longer transportation routes, customs regulations and other factors," explains Niklas Oertel, Vice President of Growth at FACTUREE. Companies often face hurdles right from the start. "If you want to source internationally and don't have any local contacts, it's usually difficult. Sometimes it already fails at the inquiry stage - some companies don't even receive a reply from the foreign manufacturers. Once they have their foot in the door, it is naturally a lengthy process to build trusting partnerships," says Niklas Oertel.
One partner - access to all markets
As a digital procurement specialist, FACTUREE is the interface to international markets. The company maintains a network of over 2,000 manufacturing partners worldwide. These come from almost all sectors, including CNC machining, sheet metal processing, 3D printing, casting and forging processes as well as surface technology and hardening processes. From the search for suppliers and technical advice to production, quality assurance and on-time delivery - everything is handled by FACTUREE.
FACTUREE also uses AI methods to find the right manufacturing partners. The AI analyzes the requirements for the components and specifically selects the best manufacturers. In contrast to traditional tenders, in which dozens of suppliers are contacted, FACTUREE selects in advance and only addresses the right players. This significantly reduces the otherwise very time-consuming supplier scouting process. Niklas Oertel says: "Many SMEs have neither the time nor the know-how and resources to deal intensively with international markets. FACTUREE forms the central interface to the global procurement markets and manages all processes holistically. In this way, we enable outsourcing that exploits the price advantages of international markets - without our customers having to compromise on quality, reliability or legal certainty."
The one-stop shop not only eliminates the hurdles for customers entering international markets, but also all associated operational, regulatory and legal processes.
Quality, compliance and law are safeguarded
"The main motivator for many companies to enter international markets, namely the price advantage, must of course not come at the expense of quality. On the one hand, we know exactly which manufacturer is suitable for which requirements. All of them have been thoroughly tested and are continuously audited. We pay meticulous attention to ensuring that all processes meet strict quality standards and compliance requirements," says Niklas Oertel. Even if there are quality problems, the customer is not affected. This is because FACTUREE is the customer's sole contractual partner and bears the risk in the event of delivery problems or quality deviations.
FACTUREE customers are also on the safe side when it comes to regulatory and legal matters. For example, when it comes to the question of the place of jurisdiction - i.e. the legally competent place where disputes arising from international transactions are negotiated. The customer also does not have to worry about factors such as international liability regulations or compliance with safety and environmental standards.
Niklas Oertel concludes: "Digitalization has fundamentally changed procurement. If you want to remain competitive, you have to be flexible. And that means being able to operate across borders. This opens up completely new scope for SMEs to grow and position themselves sustainably."
FACTUREE is pleased to be an exhibitor at the 6th SME Purchasing Forum 2025 in Mannheim.
Experience real insights: Take the opportunity for a personal discussion with our CEO Moritz König and our colleagues on site. Find out first-hand why conventional "should costing" reaches its limits with complex drawing parts - and how our innovative approach optimizes your procurement and secures you long-term competitive advantages.
Data-based model determines the best paver for the requirement - but safely
How FACTUREE ensures data protection in digital procurement
Berlin, January 08, 2025 - Digitalization in procurement opens up new opportunities, but also brings challenges in terms of data protection. In the traditional procurement process, technical data is often forwarded to a large number of suppliers in order to obtain the best offers. This can lead to data being passed on without authorization or inadequately protected. For purchasers and engineers, protecting their intellectual property is essential. FACTUREE (www.facturee.de), a specialist in digital procurement, fully secures its customers' data and thus offers advantages over tenders, for example.
As an all-in-one solution, FACTUREE enables purchasers and engineers to procure all types of drawing parts quickly, reliably and in a timely manner from a single source. To this end, FACTUREE maintains an extensive production network of over 2,000 manufacturing partners from almost all sectors. FACTUREE uses data-based processes, AI and predictive methods to quickly and accurately find suitable manufacturing partners at the best price for customer inquiries. "In this context, it is particularly important that data is exchanged efficiently and securely. This is because sensitive information such as technical specifications must be comprehensively protected. In the absence of reliable protection, there is a risk of data misuse or the loss of intellectual property. FACTUREE therefore takes a consistent approach to ensuring data protection in digital procurement," explains Christopher Walzel, Co-Founder and CTO at FACTUREE.
Complete anonymization of customer data
FACTUREE implements extensive security measures. For example, the digital procurement specialist protects the intellectual property of its customers by anonymizing design drawings, among other things. "Our manufacturers cannot draw any conclusions about the customer placing the order. The manufacturing partners therefore do not know for whom a part is being manufactured, which significantly increases the security of customer data. This is more secure than a direct request from the customer themselves," explains Christopher Walzel. Furthermore, FACTUREE concludes strict non-disclosure agreements (NDA) with all customers and also contractually binds the entire network of manufacturing partners to these agreements. This ensures confidentiality and security along the entire supply chain.
AI-supported paver selection significantly reduces data transfer
FACTUREE relies on artificial intelligence when selecting manufacturing partners. The AI analyzes the requirements for the components and specifically selects the best manufacturers. In contrast to traditional tenders, in which dozens of suppliers are contacted, FACTUREE selects in advance and only addresses the right players. Christopher Walzel says: "We use AI-based algorithms to determine the most suitable manufacturing partner for each inquiry - both in terms of quality and price. Our system takes into account numerous parameters such as material, geometry and finishing requirements. Our data-driven model significantly reduces the number of partners requested, often to just three. So there is no unnecessary sharing of data."
Digitalization and automation promote data security
FACTUREE is also currently undergoing the certification process for ISO 27001, the globally recognized standard for information security management (ISMS). The standard aims to systematically protect sensitive information by assessing risks and minimizing them through appropriate measures. The standard also requires continuous monitoring and improvement of security processes to ensure the confidentiality, integrity and availability of information. "Our digital approach to identifying the best vendors for the requirement and realistic and market-driven pricing only brings benefits. Less operational complexity in procurement, the best price-performance ratio and higher data integrity than with conventional approaches. In this way, we show that digitalization and automation do not come at the expense of data security - quite the opposite. And when they work together seamlessly, they create relief, increase efficiency and reduce costs," explains Christopher Walzel.
