Factorem

🚀 Making Waves in Hardware: Factorem's First-Ever Denver Hardware Meetup! 🛠️🌆 We had an incredible time hosting our Hardware Meetup in Denver with informal, bringing together a passionate group of manufacturing and hardware innovators in a city known for its thriving industry scene. Denver's role in driving forward-thinking manufacturing is inspiring, and it’s exciting to be part of such an engaged community pushing the boundaries of technology. 💡 This meetup was particularly special as our first event bringing together this talented community of creators, builders, and tech enthusiasts. 🤝 We are grateful for everyone who braved the snow ❄️ to join us in sparking new ideas and collaborations that will help shape the next generation of hardware! #Factorem #HardwareMeetup #DenverManufacturing #Inn

🚀 Breaking News: Factorem Wins the A*Star Innovation Challenge! 🌟 Factorem is proud to come out as a winner in the A*Star Innovation Challenge, with $200k in prizes! 🏆 This win is a testament to our drive for industry innovation, resilience, and commitment to transformative solutions. Months of planning, refining, and presenting have brought us to this incredible moment. A massive shoutout to Isaac Tan 👏 for his exceptional contributions, and to our amazing Development and R&D teams for their dedication and rigorous work in feasibility studies. Your efforts turned this vision into a reality! And of course, a big thank you to A*STAR - Agency for Science, Technology and Research and Advanced Remanufacturing and Technology Centre (ARTC) for creating this platform and to the judges who saw potential in our vision to reshape the manufacturing industry. We would also like to congratulate Tictag, KinetixPro and Kookree for the wins in their respective challenge statements! We look forward to working closely with these companies, along with A*STAR, to further AI for Manufacturing across the region. This win is just the beginning of an exciting journey forward. Here’s to more milestones and innovation! 🚀 #InnovationChallenge #FactoremWins #ManufacturingRevolution #AStar

🌐 Empowering Defense Industry Localization with Factorem 🌐 In today’s competitive defense sector, global equipment providers face challenges with high part costs, lengthy lead times, and complex logistics—especially when managing supplies across borders. For a global defense company, these hurdles made supporting a Southeast Asian market costly and time-consuming. That’s where Factorem stepped in as a game-changer. 🔹Reduced Parts Costs & Inventory Burden: By leveraging Factorem’s vast network of local manufacturers, they achieved a 50% reduction in parts costs and minimized costly inventory stock. 🔹 Accelerated Lead Times: Sourcing closer to home reduced lead times by 30%, cutting shipment time and expense—a significant win in fast-paced defense operations. 🔹 High-Quality Parts Without the Hassle: With over 100 vetted factories and expert engineers, Factorem eliminated the pain of coordinating with multiple vendors. From seamless communication to exceptional quality, their localization initiative ran smoother than ever. Factorem isn’t just a supplier—it’s a strategic partner that simplifies localization and empowers defense industry leaders to reduce costs, improve efficiency, and ensure readiness. ➡️ Curious about how we helped them transform their supply chain? Read the full case study here: https://lnkd.in/gx6siqHk #DefenseIndustry #Localization #SupplyChain #Manufacturing #Factorem

🚀 From Months to Days: How Factorem Transformed Aerospace Precision Parts Manufacturing Is your business stuck in a cycle of long lead times, high minimum orders, and a limited pool of local suppliers for low-volume, high-precision parts? You're not alone—and there is a better way. Case in Point: A leader in scientific instruments for atmospheric research, faced these exact issues. Their reliance on a few local machine shops led to delayed quotes, lengthy lead times, and a constant struggle for cost-effective solutions—until they partnered with Factorem. How We Changed the Game: 🔵Instant Quotes: Factorem’s AI-powered platform slashes quoting time from weeks to minutes, giving instant, reliable pricing for 80% of their parts. 🔵Lead Time Reduction: With Factorem, parts now arrive in 2-3 weeks instead of 2-3 months—a game-changing improvement. 🔵Low-Volume Friendly: We prioritize low-volume, high-mix needs, making sure smaller orders aren’t overlooked. 🔵Streamlined Logistics: We handle everything from sourcing to shipping, so they can focus on innovation, not admin. This partnership has led to a 50% reduction in lead times, enhanced operational efficiency, and a new standard of quality and consistency. 🛠️Want to see how Factorem can transform your supply chain? Read the full case study on our website: https://lnkd.in/gYzP9D-U and discover the future of precision parts manufacturing today!  #AerospaceInnovation #PrecisionManufacturing #SupplyChainTransformation #DigitalManufacturing #OnDemandManufacturing

🌍 Expanding Horizons with Multi-Currency Support! 🌍 At Factorem, we now support six currencies to provide greater flexibility and convenience for our customers worldwide. This update reflects our commitment to making business smoother and more accessible, no matter where you are. 💸 Supported Currencies: ✔️ SGD (Singapore Dollar) ✔️ USD (U.S. Dollar) ✔️ MYR (Malaysian Ringgit) ✔️ AUD (Australian Dollar) ✔️ GBP (British Pound) - NEW ✔️ EUR (Euro) - NEW With these additions, Factorem enables seamless transactions across borders, empowering our clients to work with us in the currency that best suits their needs. Whether it’s improving payment efficiency or simplifying international deals, we’re here to support your growth. Stay tuned for more updates as we continue to innovate and enhance our services to support your business needs! 🚀 #Factorem #GlobalBusiness #CurrencySupport #BusinessSolutions

🌸 Wishing You a Bright and Joyful Diwali! 🌸 May this Diwali fill your life and home with abundant blessings of joy, peace, and prosperity. Happy Diwali to you and your loved ones! 🪔✨ #Diwali #FestivalOfLights #HappyDiwali

🔧 Denver, Mark Your Calendars! Factorem is Organizing the 1st Denver Hardware Meetup together with informal! 🎉 Join us as Factorem hosts the 1st Denver Hardware Meetup | Hardware Happy Hour on November 7, from 6:00 PM - 9:00 PM MST at Improper City. Whether you’re building, prototyping, or just love the world of hardware, this event is for YOU! ✨Don’t miss the opportunity to: 🔹Bring Your Prototypes & Products – Show off what you've been working on! 🔹Network with Local Experts – Expand your connections and learn from peers. 🔹Be Part of Denver’s Growing Hardware Scene – Help shape the community from the start. Secure your spot today and be part of the kickoff to Denver’s hardware movement! 👇 👉 Register Here: https://lu.ma/5hd9k1cw #DenverHardwareMeetup #Factorem #HardwareHappyHour #Innovation #Networking

🚀 Factorem at SWITCH 2024: A Resounding Success! 🚀 Factorem’s participation at Singapore Week of Innovation and Technology (SWITCH) 2024 was an incredible success! From our team’s vibrant energy to insightful exchanges with industry leaders and visitors, this event proved yet again the power of collaboration and innovation. ✨Our team was on fire, sharing Factorem's latest advancements with booth visitors, demonstrating how our tech can reshape the future of manufacturing and logistics. The response was phenomenal, and the engagement with fellow innovators energized us even more! ✨ A special shoutout to Hardik Dobariya, who represented Factorem as one of the Top 50 startups in the prestigious #SLINGSHOT2024 competition! His passion and vision for Factorem’s impact in the industry have inspired us all. Thank you to everyone who visited us and to our team for making SWITCH 2024 an unforgettable experience. Here’s to future growth, innovation, and transformation! #Factorem #SWITCH2024 #Innovation #Technology #Manufacturing #Logistics

🚀 Factorem is Heading to SWITCH 2024! Factorem will be at Singapore Week of Innovation and Technology (SWITCH) 2024, happening on 28 October (Monday) at Marina Bay Sands! 🎉 Grab an incredible opportunity to connect with innovators, exchange groundbreaking ideas, and explore the future of manufacturing and technology.💡 Whether you're interested in digital manufacturing, AI-driven solutions, or just looking to network with industry leaders, we’d love to connect! Let’s dive into new collaborations and shape the future together. 🤝 Come visit us at SWITCH 2024 – let’s connect, explore, and innovate! ✨ Register for FREE to attend SWITCH 2024 here: https://lnkd.in/e2TdpA3R #SWITCH2024 #Innovation #Manufacturing #Networking #Factorem

At Factorem, "𝐗" is the moment when potential meets opportunity. ✨For Hairris Susandi Supaat, that spark ignited when he connected with our founders, Alexandra Zhang and Hardik Dobariya, through the PowerX programme. Their shared vision and expertise made Factorem the perfect place for him to launch his Deep Tech journey. For Alexandra and Hardik, it was a chance to bring on board the next generation of talent, shaping the future of Deep Tech. #DeepTech #Innovation #Mentorship #PowerX #Factorem #NextGenTech