Formerra is a leading distributor of performance materials, providing access to over 5,000 products from more than 40 suppliers to streamline material selection for manufacturers. The company addresses challenges in design, processing, and supply chain efficiency, enabling clients to enhance product quality and reduce time-to-market.
Funding
Funding not disclosed
Founders
Product
Problem
Manufacturers face challenges in efficiently sourcing and selecting the right performance materials for their specific applications, often dealing with fragmented supply chains and limited access to a diverse range of materials and expert guidance. This can lead to increased development times, higher costs, and potential compromises in product quality.
Solution
Formerra is a distributor of performance materials, providing manufacturers with access to over 5,000 products from more than 40 suppliers through a streamlined online platform. The company offers expertise in material selection, product development, manufacturing support, and supply chain optimization, helping customers overcome design, processing, and procurement hurdles. Formerra's online platform offers 24/7 access to product information, pricing, order tracking, and order history, enabling efficient online ordering and enhanced visibility throughout the supply chain. By consolidating material sourcing and providing specialized services, Formerra enables manufacturers to accelerate innovation, improve product performance, and achieve sustainable growth.
Target Audience
Formerra serves original equipment manufacturers (OEMs) across North America, Asia, and Central America in industries such as consumer discretionary, consumer staples, healthcare, industrial, packaging, and transportation.
Features
- Online platform providing 24/7 access to a wide selection of performance materials from multiple suppliers.
- Advanced search and filtering tools to quickly identify materials based on specific properties and applications.
- Access to technical data sheets and safety data sheets for informed material selection.
- Product development support to streamline the design process with next-generation materials.
- Manufacturing support to optimize cycle times and reduce scrap rates.
- Supply chain optimization services to improve efficiency and reduce costs.
- Real-time order tracking and shipment status updates.
- Online portal for easy access to order history and product pricing.