CADDi  

223 W Jackson Blvd Ste 1101
Chicago,  IL  60606-6900

United States
872-257-3965
https://us.caddi.com/

• Booth: S32141

At CADDi, we're revolutionizing manufacturing by streamlining procurement and supply chain management through our digital platform. As the industry evolves, CADDi empowers businesses with data-driven solutions that optimize efficiency, reduce costs, and enhance transparency.

Our cloud-based platform allows manufacturers to manage complex orders, track production lifecycles, and collaborate seamlessly with suppliers, ensuring timely delivery of high-quality parts at competitive prices. By connecting data to action, we enable manufacturers to enhance operations without disruption, ensuring they stay competitive in a dynamic market.

At FABTECH, we'll be focused on empowering manufacturers to meet the demands of modern production processes, offering tailored solutions for businesses looking to optimize their workflows. CADDi's commitment to driving innovation helps companies thrive by maximizing their operational potential.

 Press Releases

• CADDi Partners with Hilltop Technology Laboratory, Inc. to Solve Industry Challenges with CADDi Drawer Implementation (Oct 01, 2024)
  • CADDi Drawer addresses time-intensive quoting and drawing management woes for a leading manufacturer of CNC machining

  CHICAGO, Jan. 9, 2024 /PRNewswire/ -- CADDi Inc., a global procurement solutions provider for the manufacturing industry, announced a strategic partnership with HILLTOP TECHNOLOGY LABORATORY INC, a manufacturing service provider specializes in rapid, precision prototyping using advanced CNC machining technology. This partnership marks a significant milestone as HILLTOP TECHNOLOGY adopts CADDi Drawer, an AI-enabled drawing management system designed to revolutionize efficiency and productivity.

  

  HILLTOP TECHNOLOGY, a forward-thinking company, developed an innovative CNC machining system, "HILLTOP SYSTEM," which can optimize and shorten the manufacturing process by digitizing the intuition and manual technologies of skilled workers. However, there was always room for improvement in the quoting process, which is typically time-consuming and involves complex drawing and manufacturing information. Transferring knowledge and skills from experienced sales engineers to new members was also a challenge to stabilize and maximize their potential. Recognizing these challenges as common roadblocks in the manufacturing sector, CADDi stepped in to implement CADDi Drawer.

  "We recognize that many players, like HILLTOP TECHNOLOGY LABORATORY, grapple with common pain points. CADDi Drawer was designed to address these challenges head-on," said Yushiro Kato, co-founder and CEO of CADDi. "By leveraging technology and innovation, CADDi Drawer is not just a solution tailored for one company; it's a transformative tool designed to elevate the efficiency and productivity of procurement teams across the entire manufacturing landscape."

  With a strategic decision to partner with CADDi and integrate CADDi Drawer into its operations, HILLTOP TECHNOLOGY LABORATORY aims to streamline its quoting processes and optimize drawing data management. CADDi Drawer's proprietary "similar drawing search" function utilizes advanced algorithms to analyze and identify drawings with similar shapes, facilitating efficient data utilization. The company anticipates a significant reduction in turnaround time, enabling the team to deliver quotes efficiently and with newfound speed.

  "In the face of challenges, we saw an opportunity for growth," said Joey Kagawa, the Senior Manager of Sales at HILLTOP TECHNOLOGY LABORATORY. "CADDi Drawer has the potential to address our current pain points and propel us forward in the competitive manufacturing market. We believe this partnership will redefine how we operate and position us for greater success."

  CADDi Drawer emerged as the transformative solution to help streamline quoting processes, optimize drawing data management, and facilitate knowledge transfer within the organization.

  About CADDi Inc.
  CADDi is a global manufacturing company on a mission to "unleash the potential of manufacturing." The company strives to transform the manufacturing industry through its primary offering, "CADDi Drawer," an AI-enabled drawing management system, helping further unlock the potential of manufacturing by significantly improving the efficiency of procurement teams.

  About HILLTOP TECHNOLOGY LABORATORY INC.
  Hilltop, with a mission to accelerate the innovation process, specializes in rapid, precision prototyping using advanced CNC machining technology. Industries they most often work with include aerospace, automotive, medical, entertainment, and food. The team works directly with innovators, R&D departments, and engineers to support the progress of new product development.

  Media contact:
  Bob Spoerl
  773-453-2444
  370845@email4pr.com 

• CADDi Named to Fast Company's Annual List of the World's Most Innovative Companies of 2024 (Oct 01, 2024)
  • Global manufacturing solutions provider with Chicago U.S. HQ recognized for its groundbreaking SaaS tool, CADDi Drawer

  CHICAGO, March 19, 2024 /PRNewswire/ -- CADDi, a leading manufacturing solutions provider, is honored to announce its inclusion in Fast Company's prestigious annual list of the Most Innovative Companies for 2024. This recognition from a leading media company covering the future of technology and work underscores CADDi's commitment to driving innovation, efficiency, and cost reduction within procurement departments and the manufacturing sector as a whole.

  

  Fast Company's exclusive list of innovators is an annual ranking that honors select organizations globally that are making a lasting impact in their respective industries. CADDi is recognized among iconic global brands like Nvidia, YouTube, and more.

  "We are thrilled Fast Company validated the work our organization is doing to help empower manufacturers to unleash their potential," said Yushiro Kato, co-founder and CEO of CADDi. "This accolade is a testament to our dedication to building a manufacturing platform designed for teams across the supply chain—from sales to engineering to procurement departments—to enhance manufacturing workflows."

  Fast Company's list celebrates organizations that are spearheading groundbreaking advancements in their respective industries, setting the standard for future innovation. CADDi's inclusion highlights its position as a trailblazer in driving efficiency in procurement and transforming the manufacturing landscape with its flagship CADDi Drawer, an easy-to-use secure SaaS platform that uses AI to help procurement teams centralize and search for drawings in a central hub.

  "Our list of the Most Innovative Companies is both a comprehensive look at the innovation economy and a snapshot of the business trends that defined the year," said Fast Company editor-in-chief Brendan Vaughan. "We saw extraordinary innovation across the board in 2023, but we also saw a handful of clear patterns: the growing footprint and impact of AI, the triumphant return of live events, and great leaps forward in climate tech. We face daunting challenges on many fronts, but the solutions we celebrate in MIC give me plenty of hope about the future."

  CADDi Drawer revolutionizes manufacturers' procurement and supply-chain operations by harnessing the power of artificial intelligence to unlock unprecedented access to comprehensive data. Utilizing a cutting-edge, patented image analysis algorithm, CADDi Drawer effortlessly digitizes intricate details from drawings along with their corresponding supply-chain information. This seamless integration of data, combined with its innovative "similar drawings search" capability, establishes CADDi Drawer as the premier search platform in the manufacturing sector. By enabling procurement teams to tap into a wealth of past manufacturing insights, CADDi Drawer breaks the cycle of reinventing the wheel to drive significant cost savings and innovation in future projects.

  In July 2023, CADDi raised $89 million in a Series C funding round, bringing its total capital raised to $164 million. The company is expanding in North America and opened its U.S. headquarters in Chicago to bring its solution to manufacturers in the region and nationwide.

  "We want to make the lives of the people who work daily in manufacturing easier," Kato added. "Organizations have never had the opportunity to access historical drawings and supply-chain data in a centralized system—until now. By harnessing the power of AI and our patented algorithms, we are enabling them to not only access drawings but make decisions based on having essential information literally at their fingertips."

  CADDi remains committed to addressing broader industry pain points. The platform reduces manufacturing costs—leveraging past insights to eliminate pricing inconsistencies common in the non-standardized and opaque procurement process to optimize supplier selection—and helps bridge the knowledge gap between experienced workers retiring and newer ones entering the workforce in an era when the manufacturing industry faces persistent worker shortages.

  CADDi's recognition in Fast Company reflects its profound impact on the manufacturing sector and industry at large. As CADDi continues to push the boundaries of innovation, the company remains steadfast in its commitment to delivering exceptional value to its clients and partners.

  For more information about Fast Company's Most Innovative Companies, click here.

  ABOUT CADDi INC.
  CADDi is a global manufacturing company on a mission to "unleash the potential of manufacturing." The company strives to transform the manufacturing industry through its primary offering, "CADDi Drawer," an AI-enabled drawing management system, helping further unlock the potential of manufacturing by significantly improving the efficiency of procurement teams.

  ABOUT FAST COMPANY
  Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.

  Media Contact
  Bob Spoerl
  For CADDi
  374723@email4pr.com 
  774.453.2444

• CADDi Named a 2024 "Best Manufacturing Intelligence Software" by G2 (Oct 01, 2024)
  • CADDi Drawer earns high marks for its innovative approach to optimizing procurement and reducing costs in the manufacturing industry.
  • CADDi Drawer also ranks #1 in Easiest To Use Manufacturing Intelligence Software and #1 in Manufacturing Intelligent Tools for Driving Results, highlighting its user-friendly interface and powerful capabilities.

  CHICAGO, July 3, 2024 /PRNewswire/ -- CADDi, a leading global procurement solutions provider for the manufacturing industry, today announced that its innovative AI software, CADDi Drawer, has been named a "Best Manufacturing Intelligence Software" by G2. As manufacturers navigate a rapidly changing landscape, efficient procurement processes and real-time data analysis have become critical to maintain competitiveness. This recognition underscores CADDi Drawer's essential role in enabling manufacturers to optimize procurement, reduce costs, and streamline operations.

  "Being recognized by G2 as a leading manufacturing intelligence software is a testament to the value we provide to our customers," said Yushiro Kato, CEO and Co-Founder of CADDi. "CADDi Drawer has been instrumental in transforming how manufacturers approach procurement, enabling smarter, data-driven decisions. We are proud of this achievement and remain committed to delivering innovative solutions that drive efficiency and cost savings."

  As the world's largest and most trusted software marketplace, G2 is visited by 90 million software buyers each year. To qualify for inclusion in the Manufacturing Intelligence category, a product must:

  • Gather manufacturing data from all systems and locations involved in production.
  • Provide features to clean and structure manufacturing data for easier use.
  • Deliver relevant information to employees and managers involved in production.
  • Analyze production data in real-time and alert users based on predefined rules.
  • Monitor KPIs and metrics for quality management, productivity, and cost control.

  CADDi Drawer addresses procurement challenges by allowing users to visualize the costs associated with each product clearly. With its patented similarity search feature, users can effortlessly locate similar engineering drawings, enabling easy review and consolidation of designs. The AI system ensures that all data on each drawing is searchable, providing accessible information across departments.

  In addition to being named a top manufacturing intelligence software, CADDi Drawer ranked in the following categories:

  • #1 in Easiest To Use Manufacturing Intelligence Software
  • #1 in Manufacturing Intelligence Tool for Driving Results

  A product's usability score is calculated by a proprietary algorithm that factors in user satisfaction ratings of how easy the product is to administer and meet business requirements, among other ratings. This recognition highlights CADDi's commitment to providing a user-friendly interface alongside powerful capabilities, ensuring seamless integration into manufacturing workflows.

  CADDi Drawer earned G2's 2024 Best Manufacturing Intelligence Software because of customer feedback, including:

  • "Very Fast & Efficient Referencing": "CADDi Drawer allows me to revisit past drawings that are critical to my weekly workflow. From what would usually take one to two hours to complete, an extensive quote brings it down to an average hour."
  • "We can finally make the most of all the data we've collected": I like being able to improve search speed in Drawer by combining keyword and advanced search."
  • "Huge progress towards resolving long-term problems": I am so impressed with the amazing application and staff. I highly recommend CADDi Drawer."

  Learn about G2's methodology or read more reviews directly from CADDi users here. For more information about CADDi and its innovative solutions, visit CADDi's official website. Watch our latest partnership case study with PUNCH Industry here and join our Supplier Negotiation webinar here.

  About CADDi Inc.
  CADDi is a global manufacturing company on a mission to "unleash the potential of manufacturing." The company strives to transform the manufacturing industry through its primary offering, "CADDi Drawer," an AI-enabled drawing management system, helping further unlock the potential of manufacturing by significantly improving the efficiency of procurement teams. CADDi was recently named to Fast Company's 2024 Most Innovative Companies list as the only manufacturing technology company.

  About G2
  G2 is the world's largest and most trusted software marketplace. More than 90 million people annually — including employees at all Fortune 500 companies — use G2 to make smarter software decisions based on authentic peer reviews. Thousands of software and services companies of all sizes partner with G2 to build their reputation and grow their business — including Salesforce, HubSpot, Zoom, and Adobe. To learn more about where you go for software, visit www.g2.com and follow us on LinkedIn.

  Media Contact
  Bob Spoerl
  774.453.2444
  379945@email4pr.com

• CADDi Partners with PUNCH INDUSTRY USA to Solve Industry Challenges with CADDi Drawer Implementation (Oct 01, 2024)
  • CADDi Drawer addresses time-intensive quoting and drawing management woes for a leading Illinois-based global manufacturer of mold & die components

  CHICAGO, June 25, 2024 /PRNewswire/ -- CADDi Inc., a global procurement solutions provider for the manufacturing industry, announced a strategic partnership with PUNCH INDUSTRY USA INC, a prominent supplier of mold and die components in the medical, consumer, and automotive industries. This partnership marks a significant milestone as PUNCH INDUSTRY USA adopts CADDi Drawer, an AI-enabled drawing management system designed to revolutionize efficiency and productivity.

  

  PUNCH INDUSTRY USA, a small yet forward-thinking company focused on sales to mold and dye makers, plastic injection molding companies, and metal stampers, faced challenges in its daily operations that threatened to impede its growth. The quoting process had become time-consuming, drawing information management was complex, and concerns arose about the impending knowledge gap due to international team members moving. Recognizing these challenges as common roadblocks in the manufacturing sector, CADDi stepped in to implement CADDi Drawer.

  "We recognize that many players, like PUNCH INDUSTRY USA, grapple with common pain points. CADDi Drawer was designed to address these challenges head-on," said Yushiro Kato, co-founder and CEO of CADDi. "By leveraging technology and innovation, CADDi Drawer is not just a solution tailored for one company; it's a transformative tool designed to elevate the efficiency and productivity of procurement teams across the entire manufacturing landscape."

  With a strategic decision to integrate CADDi Drawer into its operations, PUNCH INDUSTRY USA aims to streamline its quoting processes and optimize drawing data management. CADDi Drawer's proprietary "similar drawing search" function utilizes advanced algorithms to analyze and identify drawings with similar shapes, facilitating efficient data utilization. The company anticipates a significant reduction in turnaround time, enabling the team to deliver quotes efficiently and with newfound speed.

  "In the face of challenges, we saw an opportunity for growth," said PUNCH INDUSTRY USA President Hiroshi Noguchi. "CADDi Drawer has the potential to address our current pain points and propel us forward in the competitive manufacturing market. We believe this partnership will redefine how we operate and position us for greater success."

  CADDi Drawer emerged as the transformative solution to help streamline quoting processes, optimize drawing data management, and facilitate knowledge transfer within the organization.

  About CADDi Inc.:
  CADDi is a global manufacturing company on a mission to "unleash the potential of manufacturing." The company strives to transform the manufacturing industry through its primary offering, "CADDi Drawer," an AI-enabled drawing management system, helping further unlock the potential of manufacturing by significantly improving the efficiency of procurement teams.

  About PUNCH INDUSTRY USA INC.:
  PUNCH INDUSTRY USA INC. supplies high-quality standard and custom mold & die components, such as pins, punches, dies and accessories to our customers in the Americas. Customers include mold & die makers, plastic injection molding companies and metal stampers in industries including medical, consumer and automotive. Established in 2017, PUNCH INDUSTRY USA INC. is a subsidiary of PUNCH INDUSTRY CO., LTD.

  Media Contact:
  Bob Spoerl
  774.453.2444
  379606@email4pr.com

• CADDi Wins Best Business Intelligence and Engineering Management Software at 2024 SaaS Awards (Oct 01, 2024)
  • CADDi Drawer recognized for its exceptional capabilities in enhancing business intelligence and engineering management
  • The AI-driven software solution stands out for user-friendly design and impactful results, achieving top rankings in both Business Intelligence and Engineering Management categories

  CHICAGO, Aug. 13, 2024 /PRNewswire/ -- CADDi, a leading global procurement solutions provider for the manufacturing industry, is a winner of the 2024 SaaS Awards. CADDi Drawer, the company's innovative AI software, has been recognized in two key categories: Best SaaS Product for Business Intelligence or Analytics and Best SaaS Product for Engineering Management, PLM, or CAD. These prestigious awards highlight CADDi's commitment to driving excellence and innovation in manufacturing.

  

  The SaaS Awards is a long-established program that recognizes the best software-as-a-service solutions from around the world. Past winners include Intuit Quickbooks, Blue Yonder, Last Pass and SAP SE. This year's competition was particularly fierce, with entries from organizations of all sizes spanning North America, Europe, and APAC. CADDi's success in two critical categories is a testament to the software's powerful capabilities and its impact on the manufacturing industry.

  "When we first developed CADDi Drawer, we were trying to find a solution for categorizing the hundreds of millions of drawings our manufacturing customers were sending us. It was just too great a volume of data for us to reliably process competitive quotes at speed," said Yushiro Kato, CEO and Co-Founder of CADDi. "Drawer allowed us to extract and organize data from drawings and use it to interlink those designs with POs, quality defect reports, PLM files, or CAM data from across the rest of our customer's entire tech stack."

  CADDi Drawer's recognition in the Best SaaS Product for Business Intelligence or Analytics category highlights its advanced capabilities in simplifying and streamlining manufacturing data management. By integrating data from various production systems, CADDi Drawer ensures that complex engineering information is easily accessible and actionable. Its patented similarity search feature facilitates the efficient retrieval and comparison of engineering drawings, enhancing procurement and engineering processes with real-time insights and streamlined workflows.

  "By giving all our customers an easily accessible and intractable data model on Day One, we make it possible for them to leverage their entire historical record in ways they never could," Kato added. "That's true whether you're trying to deploy AI in your business or just trying to up-skill folks to help address labor shortages. It's been amazing to watch our customers standardize the use of Drawer across procurement, engineering, manufacturing, and sales. The speed with which these companies are starting to make hard, data-driven decisions is incredible. It's precisely why we built Drawer in the first place. We're going to keep pushing the boundaries of what people can do with manufacturing data. That's just what we do."

  In the Best SaaS Product for Engineering Management, PLM, or CAD category, CADDi Drawer was celebrated for its user-friendly interface and powerful engineering capabilities. The software's AI-driven tools streamline engineering management, making it easier for teams to access, share, and analyze technical drawings and data. This has led to significant improvements in efficiency, cost control, and overall project management for manufacturers.

  "CADDi has demonstrated an unwavering commitment to innovation and excellence and is a more than deserving winner of its categories. The caliber of the finalists this year was particularly high, which is a testament to this wonderful achievement," said James Williams, CEO of The Cloud Awards. "A huge congratulations to CADDi, and to all of 2024's winners. We are extremely excited to see how they continue to drive the industry forward in the coming years."

  Visit CADDi's official website for more information about its innovative solutions. Explore its latest partnerships, news, and resources here.

  To view the full list of winners across all categories, please visit: https://www.cloud-awards.com/2024-saas-awards-winners.

  About CADDi Inc.
  CADDi is a global manufacturing company on a mission to "unleash the potential of manufacturing." The company strives to transform the manufacturing industry through its primary offering, "CADDi Drawer," an AI-enabled drawing management system, helping further unlock the potential of manufacturing by significantly improving the efficiency of procurement teams. CADDi was recently named to Fast Company's 2024 Most Innovative Companies list as the only manufacturing technology company and G2's "Best Manufacturing Intelligence Software" list.

  About the Cloud Awards
  The Cloud Awards is an international program which has been recognizing and honoring industry leaders, innovators and organizational transformation in cloud computing since 2011. The Cloud Awards comprises five awards programs, each uniquely celebrating success across cloud computing, software-as-a-service (SaaS), cloud security, artificial intelligence (AI), and financial technologies (FinTech).

  Winners are selected by a judging panel of international industry experts. For more information about the Cloud Awards, please visit https://www.cloud-awards.com/.      

  About The SaaS Awards
  The SaaS Awards focuses on recognizing excellence and innovation in software solutions. Categories range from Best Enterprise-Level SaaS to Best UX or UI Design in a SaaS Product.      

  Media Contact:
  Bob Spoerl
  774.453.2444
  381747@email4pr.com

• CADDi Names Aaron Lober VP of Marketing to Enhance Brand Visibility in the US and Propel Industry Innovation (Oct 01, 2024)

  CHICAGO, May 22, 2024 /PRNewswire/ -- CADDi, a leading manufacturing solutions provider, is pleased to announce the appointment of Aaron Lober as Vice President of Marketing. With a wealth of experience spanning over 15 years across diverse industries, Lober joins CADDi to spearhead strategic marketing initiatives aimed at propelling the company's growth and advancing digital transformation in manufacturing.

  

  Throughout his career, Lober has successfully launched and shepherded products across various industries, navigating every phase of their lifecycle with finesse. He has managed portfolios exceeding $100 million, demonstrating his ability to drive substantial growth and value creation. Notably, Lober played a pivotal role in guiding Procore to its public offering, showcasing his knack for strategic leadership and market positioning.

  At Procore, Lober launched the company's first data and analytics product, Procore Analytics, in 2020—the first successful predictive analytics tool in the construction project management ecosystem. He also oversaw the launch of Procore Estimating in 2021, which featured machine learning applications using OCR (object character recognition) to extract metadata from drawings, a process closely aligned with CADDi's technological approach.

  "As we position ourselves for exponential growth, Aaron's appointment underscores our commitment to assembling a top-tier team," said Yushiro Kato, CEO and Co-Founder of CADDi. "His deep understanding of marketing strategy will be instrumental in amplifying the reach and impact of CADDi Drawer, further solidifying its position as a game-changer in the industry and driving strategic growth."

  Most recently, Lober served as the Head of Marketing at Blameless, where he led transformative marketing initiatives and significantly elevated the brand's visibility within the incident management industry.

  In the midst of rapid digital transformation in the manufacturing sector, CADDi remains at the forefront with its revolutionary flagship product, CADDi Drawer—an AI-powered drawing management system designed to revolutionize the way manufacturers operate. CADDi Drawer seamlessly integrates engineering, procurement, and sales teams onto a single platform, providing an interconnected web of actionable manufacturing data. With its advanced AI capabilities, CADDi Drawer empowers users to streamline procurement processes, accelerate project timelines, and reduce operational costs.

  "I'm thrilled to join CADDi at such a pivotal moment," said Aaron Lober, newly appointed Vice President of Marketing at CADDi. "Digitization has created amazing opportunities for manufacturers to enhance productivity and profitability up and down the supply chain. That said, most organizations haven't yet been able to fully harness that potential. What we're doing at CADDi is going to help manufacturing organizations of every size and type take that next step."

  CADDi was recently recognized in Fast Company's annual list of the Most Innovative Companies for 2024. Lober's appointment will further strengthen the brand's position as a leader in digital manufacturing solutions, driving sustainable growth and empowering manufacturers to thrive in the digital age.

  About CADDi Inc.
  CADDi is a global manufacturing company on a mission to "unleash the potential of manufacturing." The company strives to transform the manufacturing industry through its primary offering, "CADDi Drawer," an AI-enabled drawing management system, helping further unlock the potential of manufacturing by significantly improving the efficiency of procurement teams. CADDi was recently named to Fast Company's 2024 Most Innovative Companies list as the only manufacturing technology company.

  Media Contact:
  Bob Spoerl
  378081@email4pr.com
  774.453.2444

• 84% of Manufacturing Executives Anticipate a Recession by 2026, According to New CADDi Research (Oct 01, 2024)
  • Nearly half are prepping for a recession within the next twelve months
  • Just 11% have a positive short- and medium-term economic outlook
  • Research reveals U.S. manufacturers continue to struggle with data issues, talent and supply chain challenges and institutional knowledge loss

  CHICAGO, Sept. 11, 2024 /PRNewswire/ -- While nearly half (49%) of U.S. manufacturers expect a recession to hit in 2025 and an overwhelming majority (84%) think it will happen within the next two years, most are overlooking straight-forward opportunities to lower their costs and drive profitability ahead of a down market, according to new research conducted and released today by CADDi. The proprietary research, which is based on a survey of more than 330 U.S. manufacturing professionals, reveals that manufacturers are making financial decisions based off incomplete information.

  Sixty percent of procurement professionals have sourced a part at a higher cost than what they knew was possible because they didn't have access to sufficient supplier data to negotiate effectively. The same percentage of respondents said they've missed an opportunity to consolidate suppliers and/or negotiate a volume discount because they didn't have access to historical cost data associated with similar parts. Additionally, 71% of sales professionals have quoted or sold an unprofitable deal for their company because they didn't have access to the historical engineering and procurement data they needed.

  "American manufacturers are feeling pressure from every angle – the economy, talent shortage, rising competition from China and Mexico, and more. Our research indicates that data and collaboration issues are exacerbating the pressure. Internal teams can't access the information they need to do their jobs and make smart and profitable decisions fast enough, which increases the stakes for manufacturers that don't take steps to address the inefficiencies," said Yushiro Kato, CEO of CADDi.

  CADDi's research - The American Manufacturing Pressure and Productivity Index - explores manufacturers' top priorities and pressures and the productivity killers that threaten their success. Key findings include:

  • Talent challenges remain top pressure drivers, including a lack of access to skilled labor (56%) and equipping current employees to step into strategic roles (50%).
  • Speed to market – which 23% of manufacturers say is a 2025 priority - is at risk. Seventy-seven percent of procurement professionals say that every few projects they need to find a new part, product or supplier because the one they found didn't meet engineering's specifications.
  • A "Great Experience Exit" is on the Horizon. Nearly three-quarters of senior executives expect to retire within the next decade. Sixty-eight percent believe at least half of their institutional knowledge will be lost forever when they retire. 
  • Manufacturers fear they aren't transforming fast enough to survive (27%). Forty-five percent of senior management leaders cite digitally transforming their operations as a top business pressure.
  • Pressure persists to onshore manufacturing. Navigating political demands to bring more production onshore (51%) was cited as a top three pressure point.

  Pervasive Data Issues Undermine Productivity and Competitiveness
  Sales, procurement and engineering teams generally spend at least 25-50% of their workdays tracking down critical information to do their jobs and ensuring the accuracy of this information.
  When asked about their biggest frustrations, inadequate documentation (73%) – missing part numbers, dimensions, and material properties – topped the list for procurement. Sales professionals cited long quotation processes due to needing to track down relevant information (67%) and poor collaboration and communication with procurement and engineering that leads to delays and misunderstandings (33%).

  "The consensus across the procurement, engineering and sales professionals we surveyed was that leveraging AI and having easy access to data from past projects would enable them to design better products faster, negotiate with suppliers to secure volume discounts, and speed up the quoting process to win new business. Enabling talent to perform in these areas is key to ensuring the organization's competitiveness and long-term viability," added Kato.

  Access the full report to dive deeper into the state of manufacturing pressure and productivity.

  About CADDi Inc.

  CADDi is a manufacturing intelligence software company on a mission to democratize your drawings and supply chain data. Our primary product offering in the United States, CADDi Drawer, leverages patented AI to aggregate, analyze and extract everything you need from your data to produce better products. In 2024, CADDi was the sole manufacturing SaaS company featured on Fast Company's Most Innovative Companies 2024 list, and won Best Business Intelligence and Engineering Management Software in the 2024 SaaS awards.

  Contact:
  Aaron Lober
  VP of Marketing
  383078@email4pr.com
  (872) 257-3965