We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
Home » MFG.com Implements Location Verification to Ensure Marketplace Transparency and Fairness
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

MFG.com Implements Location Verification to Ensure Marketplace Transparency and Fairness

October 18, 2016
No Comments

Marietta, Ga. - Oct. 18, 2016 - MFG.com, the world's largest online manufacturing marketplace, announces the implementation of safeguards to protect users of its global platform from unknowingly engaging in commerce or competing with foreign companies. Effective Oct. 1, 2016, all manufacturers will be required to certify the geographic location of their firm's primary production facility.

These changes are necessary to:

Increase marketplace transparency for both buyer and supplier members.
Ensure fair and open competition among suppliers from different countries.
Prevent deceptive practices by some suppliers representing themselves as "local" while sub-sourcing to Low Cost Countries (LCCs).
MFG.com recognized that foreign firms had been registering as U.S. companies by using post office boxes located within the United States as their business address. While MFG.com took steps to correct misleading information as it became known, customer confidence and trust remained ongoing concerns. MFG.com took this action to add clarity for both buyers purchasing goods and suppliers competing for manufacturing work on its platform. Under these new rules, firms misrepresenting the location of their production facilities are subject to being banned permanently from the marketplace.

Bo Hagler, chief executive officer of MFG.com, said, "MFG.com is committed to accuracy and transparency in our operations and in the transactions occurring on our platform. We have found that improper registration has occasionally led to unfair competition in the marketplace and to erroneous sourcing decisions on the part of our buyers. The newly implemented safeguards should overcome these issues, promote fairness and inject a higher level of quality in all transactions conducted in MFG.com's global manufacturing marketplace."

About MFG.com

MFG.com enables sourcing professionals and engineers to quickly and easily locate quality manufacturers for CNC machining, injection molding, metal stamping, metal fabrication and many other processes through an easy-to-use, online marketplace. MFG.com has helped thousands of manufacturers—ranging from small machine shops to large conglomerates—increase sales and profits. For more information, please visit our website at www.mfg.com.

More Info: http://www.mfg.com/

Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
  • Related Articles

    Tropical Shipping Implements Octopi by Navis at its St. Thomas Location

    MFG.com to Release Buyer Reputation Scorecard for All Buyers in January 2017

    MFG.com Report Assesses the Impact of President-Elect Trump's Policies on U.S. Manufacturing

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Cold chain giant Lineage Logistics buys its own rail operator

  • Biden names dozens of senior leaders to DOT, including FMCSA and FRA

  • Outlook 2021: What’s in store for logistics supply chain?

  • Cushman & Wakefield Brokers Sale of 170 Acres plus Lease for 1MSF Build-to-Suit for Home Improvement Retailer in Commerce City, CO.

  • Thriving in the long haul: interview with Colin Yankee

Now Playing on DCV-TV

Sick agv demo thumbnail

Optimize Load Handling Tasks with Industrial Mobile Robots

DCV-TV 4: Viewer Contributed
Intelligent sensors detect the presence of goods, check for empty shelves, or the correct alignment on the mobile platform towards the freight. The solutions range from simple detection sensors, thorough measuring devices, and 2D LiDAR sensors.

FEATURED WHITE PAPERS

  • Proven Benefits: A Compendium of Slotting Optimization Success Snapshots

  • Bridging Information Gaps in Dock and Yard Operations

  • How Intelligent Sensor Solutions Turn Data Into Action

  • Order picking Solutions: Understanding Your Options

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing