-- Average daily online sourcing projects from North America, Europe valued at US$390 million in Oct, 2009
BANGKOK, Nov. 19 /PRNewswire-Asia/ -- Representatives from MFG.com, the largest global sourcing marketplace for manufacturers, are meeting face to face with Thai manufacturers this week at the Metalex 09 trade show being held here. MFG.com will take this opportunity to demonstrate how suppliers and buyers around the world are using the Internet to efficiently connect, collaborate and conduct business.
MFG.com's new global platform currently has business opportunities (request for quotes) valued at over US$390 million in Oct. Thai manufacturers of custom parts that require machining, casting, stamping, fabrication, forging and more than 300 other manufacturing process categories can use MFG.com to quote for opportunities and collaborate with prospects that match their expertise. MFG.com's platform also enables business between suppliers and buyers of custom apparel and textiles worldwide.
"We've already enabled new business in Thailand, and we're seeing even more sourcing opportunities in the country, as well as Malaysia, Vietnam and Singapore," said James Jin, general manager of MFG.com's Asia Pacific operations.
"Thailand shows its big potential of manufacturing capability and rapid increase in global supply chain. We see our buyers increase their sourcing from this country especially when MFG.com now supports seven languages and 50 currencies and allows more efficient online sourcing than ever before," James continued.
Online sourcing is an efficient solution for buyers targeting low-cost country relationships. For suppliers, it's a proven way to cultivate overseas business. Last week, MFG.com announced significant improvements to its online marketplace that are designed to create additional competitive advantages for MFG.com's more than 200,000 members. The MFG.com marketplace intelligently connects buyers with suppliers that have the right expertise, capacity and credentials at the right time, resulting in products that can be brought to market faster and at higher levels of quality and profitability.
MFG.com's online approach to sourcing was pioneered 10 years ago. Unlike traditional sourcing options -- such as directories and calling on past suppliers -- MFG.com's platform combines real-time, one-to-many communications with sound sourcing and collaboration business logic. MFG.com can improve decision making and quality management, as well as save time and money for both sides of the manufacturing equation. And MFG.com's customer service team is available to answer questions and provide technical support at anytime.
About MFG.com
MFG.com is the largest global sourcing marketplace for the manufacturing industry. MFG.com's platform enables companies to intelligently connect, source, collaborate and perform due diligence with transparency and intellectual property protection. It supports virtually all manufacturing process and industrial components, is in seven major languages, more than 50 currencies and has more than 200,000 members on five continents. MFG.com is based in Atlanta and has offices in Shanghai, Geneva, Paris and Munich. For more information: http://www.MFG.com .
Media Contacts:
Asia Pacific
Shirley Shen
Tel: +86-21-3203-9588 x6210
Mobile: +86-138-1807-0703
Email: shirleyshen@mfg.com
North America
John Q. Pope
Tel: +1-678-384-6371
Email: jpope@mfg.com
