CHICAGO —Digital platform, Nufactur, has launched a brand new, one-of-a-kind tool to compare pricing and availability on millions of parts for maintenance, repair and operations.

In the current industrial climate, accelerating the supply chain is more important than ever. Nufactur accomplishes this by showing end-users transparent pricing and availability on industrial components, making manufacturing more efficient, giving distributors equal opportunity and minimizing customer downtime.

While benefiting users by sourcing parts efficiently to reduce machine downtime, Nufactur also benefits distributors by enabling them to move inventory that may have been taking up warehouse space for years.

“When a part in a machine breaks down, the factory is sometimes losing thousands of dollars of production an hour while they look for that part,” said Freeman Smith, Founder and CEO of Nufactur. “They might end up waiting months for an overseas manufacturer to produce the exact same part that…

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