ManufacturingPower
ManufacturingPower is a cloud-based SaaS platform that provides small and mid-sized U.S. manufacturers with anonymized peer-benchmarked industrial supply price transparency, UNSPSC data standardization, and RFQ/RFP tooling, monetized via a $3,500/year Pro tier and custom-priced Enterprise contracts.
- Company typePrivate
- Founded2017
- HeadquartersSaint Paul, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What ManufacturingPower does
ManufacturingPower, operating under the legal entity ManufacturingPower.com, LLC., is a Saint Paul, Minnesota-based SaaS company founded in 2017 that sells cloud-based market intelligence and price optimization software for industrial supply procurement. The platform ingests customers' part number and pricing data (CSV/XLS), standardizes it via UNSPSC and category codes, and benchmarks it against an aggregated anonymized peer-pricing dataset to produce a PowerPotential Report that surfaces savings opportunities — company-disclosed typical client savings run 11–14% on annual MRO spend. Core feature surface includes part number enhancement, peer-to-peer pricing transparency, RFQ/RFP builder, HitList task management, PowerRanking, PowerHistory, PowerBOM, and budgets/forecasts tools, with multi-level data security including 2-factor authentication. A companion mobile application, iNSUPPLi, extends access with GDPR and CCPA compliance.
The company targets small to mid-sized U.S. manufacturers — a segment the company cites as 89% of U.S. manufacturers with fewer than 50 employees — that historically could not justify legacy price optimization tools costing $120K–$1.5M per year. Monetization follows a three-tier freemium model: a free Data Simulation tier (unlimited part number upload + PowerPotential Report), a Pro subscription at $3,500 annually, and an Enterprise tier priced via direct sales contact. Distribution is direct-online with a self-serve funnel into sales-assisted enterprise conversion; the company markets through industry trade publications, professional associations (MPMA, APICS/ASCM, ISM), and CEO-led podcast and video thought leadership. Documented case-study outcomes include 50% RFQ development time reduction at a precision machine shop, 11% company-wide cost reduction identification at a multi-location hydraulic manufacturer, and $15,000+ in identified savings plus 1% margin lift at a global digital manufacturing company.
ManufacturingPower is privately held with no external funding or institutional investors disclosed. The company operates with a lean 1–10 employee team led by Founder & CEO Mike Franz, COO Scott Heilman, and CTO William "Hawke" Hawkes-Robinson, supported by an advisory board of four members. Operations are U.S.-domiciled (single-country footprint), with no M&A, patents, or regulatory actions disclosed in the source data.
ManufacturingPower firmographics
Firmographics- Name
- ManufacturingPower
- Legal name
- ManufacturingPower.com, LLC.
- Website
- https://manufacturingpower.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- ManufacturingPower is a cloud-based SaaS platform that provides small and mid-sized U.S. manufacturers with anonymized peer-benchmarked industrial supply price transparency, UNSPSC data standardization, and RFQ/RFP tooling, monetized via a $3,500/year Pro tier and custom-priced Enterprise contracts.
- Ownership category
- akta.pro rank
ManufacturingPower industry classification
Industry- Product category
- Industrial Supply Spend Management Software
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Product Lifecycle, NPI & Industrialization (Design-to-Operate) (BPAHAHAK)
Keywords
Where ManufacturingPower is headquartered
LocationHeadquarters
- HQ city
- Saint Paul
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ManufacturingPower business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Subscription - Pro Tier: Annual subscription model at $3,500 per year providing unlimited part number enhancement, price optimization software, database management, RFQ/RFP building tools, and business hours email support. Target customers are small to mid-sized manufacturers seeking to optimize industrial supply spending.
- Enterprise Tier: Custom enterprise pricing for larger manufacturers requiring additional features or support. Sold through direct sales contact.
- Free Tier - Data Simulation: Free tier offering unlimited part number upload and PowerPotential Report to generate leads. Users receive enhanced data and insight into top savings opportunities with no implementation or ongoing service costs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free tier with unlimited part number upload and PowerPotential Report |
| Subscription | Annual | Pro tier at $3,500 annually with unlimited part number enhancement |
| Subscription | Multi-year contract | Enterprise tier with custom pricing for large manufacturers |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
ManufacturingPower product offering
Product offeringCore offering
ManufacturingPower provides a cloud-based SaaS market intelligence and spend management platform for industrial supply procurement. It standardizes manufacturers' part number and spend data using UNSPSC codes, benchmarks pricing against an anonymized aggregated peer database, and delivers tools for identifying savings opportunities, building RFQs/RFPs, and tracking supplier performance. The platform is sold as a Free Data Simulation tier, a $3,500/year Pro subscription, and a custom-priced Enterprise tier, complemented by an iNSUPPLi mobile app.
Product overview
ManufacturingPower is a cloud-based spend management and price optimization platform for industrial supply procurement. The platform consists of three subscription tiers: a free Data Simulation tier providing part number upload and PowerPotential savings reports; a Pro tier ($3,500/year) offering comprehensive price optimization software with unlimited part number enhancement, RFQ/RFP building tools, peer market pricing comparison, and HitList task management; and an Enterprise tier with custom pricing for larger organizations. The platform also includes member-generated tools such as PowerRanking, PowerHistory, PowerBOM, and Budgets/Forecasts. A companion mobile application called iNSUPPLi provides mobile access with GDPR and CCPA compliance. The company leverages anonymized aggregated data to provide real-time market price transparency, enabling manufacturers to identify cost savings opportunities typically ranging from 11-14% on annual MRO spend.
Differentiator
Problem solved
Functional benefit
Brands
- iNSUPPLi: Mobile application for industrial supply price optimization with GDPR and CCPA compliance
Products and services
- Data Simulation (Free Tier) Free self-serve tier of the ManufacturingPower SaaS that allows manufacturers to upload unlimited part numbers (CSV/XLS), receive enhanced standardized data, and get a PowerPotential Report identifying top savings opportunities, used as a lead generation and value demonstration offering with no implementation or ongoing service costs.
- Pro Tier Annual subscription ($3,500/year) of the ManufacturingPower cloud platform providing unlimited part number enhancement, price optimization software, database management, RFQ/RFP building tools, peer market pricing comparison, HitList savings task management, 2-factor authentication, multi-level data security, and business hours email support with video training, targeted at small to mid-sized manufacturers seeking full industrial supply spend optimization.
- Enterprise Tier Custom-priced enterprise subscription tier of the ManufacturingPower platform sold via direct sales contact for larger manufacturers requiring capabilities beyond the Pro tier, structured as a multi-year contract with bespoke pricing and additional enterprise features.
- iNSUPPLi Mobile App Companion mobile application of the ManufacturingPower platform, providing on-the-go access to industrial supply price optimization and data management, with GDPR and CCPA privacy compliance for users' personal information.
Quantifiable outcome
- 11-14% savings on annual MRO spend
- +6 more outcomes
Companies that use ManufacturingPower
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles2 records
ManufacturingPower technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
ManufacturingPower partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Minnesota Precision Manufacturing Association (MPMA)minorIndustry association membership for precision manufacturing companies in Minnesota. ManufacturingPower maintains membership as part of industry engagement and community presence.
Scale indicators8 records
Recent moves4 records
Expansion highlights4 records
ManufacturingPower competitors and assessment
Company assessmentDirect peers
- Procurify: Cloud-based spend management and procurement platform targeting SMB and mid-market companies. Directly comparable in business model (SaaS procurement), target customer (SMBs underserved by enterprise tools), and category (spend visibility/optimization).
- Tealbook: Supplier intelligence and data platform that uses aggregated supplier data to power procurement decisions. Highly comparable data-network-effect model and supplier data enrichment approach.
- SpendHQ: SaaS spend analysis and visibility platform designed for procurement teams. Comparable on delivering spend intelligence, savings identification, and procurement benchmarking for mid-market organizations.
Broad incumbents
- Coupa Software: Large enterprise spend management platform with broad procurement, sourcing, and supplier management capabilities. Overlaps with ManufacturingPower on procurement analytics and supplier benchmarking, but serves a much larger enterprise customer base.
- Zycus: Procurement software suite covering sourcing, contract management, and spend analysis for mid-market and enterprise. Comparable on spend intelligence and procurement optimization, but at a much larger scale and feature breadth.
- Jaggaer: Enterprise procurement and spend management platform with source-to-pay capabilities. Overlaps with ManufacturingPower on procurement analytics and supplier intelligence for industrial/buying organizations.
- SAP Ariba: Enterprise procurement and supply chain platform within the SAP ecosystem. Comparable on supplier discovery, sourcing, and procurement intelligence for industrial buyers, but aimed at large enterprises.
Emerging players
- Simfoni: Procurement analytics and spend management platform with AI-driven cost reduction and supplier insights. Comparable on automated spend analysis and savings opportunity identification for mid-market manufacturers.
- Bid Ops: AI-driven sourcing platform that automates RFx and supplier selection. Comparable on RFQ/RFP building and data-driven supplier negotiation support, though with a different technological emphasis.
- Graphite Connect: Supplier data management and risk platform for manufacturers and industrial buyers. Comparable on providing clean, standardized supplier/part data to drive procurement decisions, but with a supplier-data (not price-benchmarking) emphasis.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
ManufacturingPower social profiles
Digital presenceManufacturingPower compliance and trust
Trust signalCompliance2 records
ManufacturingPower financial estimates
Financial estimateRevenue estimate
Valuation estimate
ManufacturingPower leadership team
Management profileNumber of profiles
Profiles7 records
ManufacturingPower subsidiaries and ownership
Company hierarchySubsidiaries1 record
ManufacturingPower funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ManufacturingPower M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ManufacturingPower
What does ManufacturingPower do?
ManufacturingPower provides a cloud-based SaaS market intelligence and spend management platform for industrial supply procurement. It standardizes manufacturers' part number and spend data using UNSPSC codes, benchmarks pricing against an anonymized aggregated peer database, and delivers tools for identifying savings opportunities, building RFQs/RFPs, and tracking supplier performance. The platform is sold as a Free Data Simulation tier, a $3,500/year Pro subscription, and a custom-priced Enterprise tier, complemented by an iNSUPPLi mobile app.
Is ManufacturingPower a public or private company?
ManufacturingPower is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ManufacturingPower founded?
ManufacturingPower was founded in 2017. It employs 1 to 10 people.
Where is ManufacturingPower based?
ManufacturingPower is headquartered in Saint Paul, United States, in the North America region.
How does ManufacturingPower make money?
Three revenue lines are on record. Subscription - Pro Tier is the primary driver. The others are enterprise Tier and free Tier - Data Simulation.
Who are ManufacturingPower's main competitors?
Direct peers on record are Procurify, Tealbook and SpendHQ. Broad incumbents are Coupa Software, Zycus, Jaggaer and SAP Ariba. Emerging players are Simfoni, Bid Ops and Graphite Connect.
Does ManufacturingPower have an API?
No public API is recorded for ManufacturingPower.
What industry is ManufacturingPower in?
ManufacturingPower's product category is Industrial Supply Spend Management Software. Its primary akta.pro industry code is BPAHAHAK, Product Lifecycle, NPI & Industrialization (Design-to-Operate). Its SIC code is 7370.