Hot off the Press


 

SHARE:  

NTMA Partners with Online-RFQ Sourcing Service

NTMA Partners with Online-RFQ Sourcing Service

Monday, July 1, 2002
 
First Index, Whippany, NJ, an online-sourcing service for custom-manufactured components, has formed a partnership with the National Tooling & Machining Association (NTMA), Ft. Washington, MD, to help NTMA members earn more business online. Under terms of the agreement, First Index and NTMA will create a co-branded website that will provide NTMA members access to RFQs. NTMA members also gain discounted membership in the First Index supplier network. The First Index sourcing platform for custom-manufactured components, called findFast, has hosted more than 25,000 RFQs posted by more than 7000 buyers in the last 12 months. It does not follow a reverse-auction format; rather, it limits the number of suppliers who receive each RFQ in order to provide each with a reasonable chance to win the work. NTMA represents more than 2400 custom manufacturing companies that design and manufacture tools, dies, jigs, fixtures, gauges and precision machined parts.

 

Visit Our Sponsors