Also known as: GetScale
Advanced manufacturing and distribution solutions (for China-based…
Company is active
Event Year: 2015
Company is active
Event Year: 2015
Assembly addresses the challenges faced by innovative product companies relying on Chinese factories for manufacturing. The crowdfunding boom has led to increased demand for these factories, but the market suffers from a lack of differentiation, with factories making similar, often unverifiable, claims of excellence. This intense competition drives prices down, leading factories to underbid contracts, which often results in quality issues and delays for customers.
Assembly offers a solution by installing cameras and remote monitoring software on assembly lines. This ensures adherence to testing protocols, enhances product quality, reduces liability, and combats warranty fraud. By providing transparency and accountability, Assembly aims to transform the manufacturing process.
The company charges a small per-unit fee to the original equipment manufacturer (OEM) and shares revenue with the factory when it demonstrates compliance with quality standards, regardless of whether units pass or fail. This incentivizes factories to improve their performance and rewards those who consistently meet quality benchmarks. The audit trail of good performance helps compliant factories attract new international business.
Assembly's solution has demonstrated significant improvements, with an average defect rate reduction of 75% within five months of deployment at a factory.
Assembly addresses the challenges faced by innovative product companies relying on Chinese factories for manufacturing. The crowdfunding boom has led to increased demand for these factories, but the market suffers from a lack of differentiation, with factories making similar, often unverifiable, claims of excellence. This intense competition drives prices down, leading factories to underbid contracts, which often results in quality issues and delays for customers.
Assembly offers a solution by installing cameras and remote monitoring software on assembly lines. This ensures adherence to testing protocols, enhances product quality, reduces liability, and combats warranty fraud. By providing transparency and accountability, Assembly aims to transform the manufacturing process.
The company charges a small per-unit fee to the original equipment manufacturer (OEM) and shares revenue with the factory when it demonstrates compliance with quality standards, regardless of whether units pass or fail. This incentivizes factories to improve their performance and rewards those who consistently meet quality benchmarks. The audit trail of good performance helps compliant factories attract new international business.
Assembly's solution has demonstrated significant improvements, with an average defect rate reduction of 75% within five months of deployment at a factory.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2015
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2015
B2B
B2B
B2B -> Supply Chain and Logistics
B2B -> Supply Chain and Logistics
Team size: 12
Hiring: No
Team size: 12
Hiring: No