1. Entreprenuer/Inventor, Engineer or purchasing manager who needs a part submits a description and CAD drawing to MFG.com
2. Manufacturers offer bids. The site is free for buyers, suppliers pay a $6000 yearly subscription fee
3. Buyer chooses which manufacturer's bid to accept and the part and its price are added to the MFG.com's database
Simple--
http://www.mfgquote.com/
Clients and customers already include GE, Newell Rubbermaid, Apple, Ford and Northrop Grumman.
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