An Interview with Xometry CEO Randy Altschuler
Xometry's Altschuler Shares Insights on Scaling a Cutting-Edge Industrial Parts Marketplace
In this captivating interview, I sit down with Xometry CEO Randy Altschuler to delve into the dynamic world of on-demand industrial parts marketplace. As the CEO and co-founder of Xometry, Altschuler sheds light on the company's inception and shares how their platform connects renowned customers such as BMW, NASA, Bosch, Dell, and General Electric with small domestic machine shops.
The conversation covers a range of topics, including the implementation of AI for custom product pricing, the distinction between Xometry's Gross Merchandise Volume (GMV) and revenue, and the staggering $260 billion market Xometry operates in. Altschuler reveals Xometry's strategic approach to corporate development and highlights the significant growth of 3D printing within the manufacturing industry.
Additionally, Randy outlines how Xometry is tackling the "chicken and egg" problem and resolving supply chain issues. The interview addresses supply chain complications and explores the innovative initiatives of the Xometry Impact Fund. Altschuler shares his insights on what it will take to bring manufacturing back to the United States and discusses the potential for large-scale production on the Xometry platform. Furthermore, he emphasizes Xometry's commitment to supporting small U.S. manufacturers.
We extend our gratitude to Randy Altschuler, CEO and co-founder of Xometry, for generously sharing his invaluable insights and expertise during this interview. His willingness to shed light on the founding of Xometry, the challenges faced by the manufacturing industry, and the innovative strategies employed by Xometry will undoubtedly benefit our readers and foster a deeper understanding of the dynamic landscape of industrial parts marketplaces