Of course, there's a lot more that helps Suppliers and Buyers connect at the right time, with the right capacity, and form business relationships. But simple is good - right?
Step #1: Buyers submit a request for quote (RFQ) securely online.
Step #2: The RFQ is automatically matched with shops, manufacturers and factories around the world - or in the next town - that have the capability and capacity to meet the Buyer's specific requirements.
Step #3: Buyers recieve quotes online from Suppliers in a comparable format, collaborate & negotiate on details, and the Buyer awards the production to the Supplier(s) of choice.
The MFG.com marketplace allows for Buyers and Suppliers to connect offline or away from a specific RFQ or job - just like in actual reality. And their are tools and techniques that allow for manufacturers with many unique requirements to get the most from participating on MFG.com. But if you're looking for a simple definition, it doesn't get much easier than this.
Simple is good, huh?
(Hat Tip: MFGTextiles)