Randy Altschuler is the CEO and co-founder of Xometry, the global AI digital marketplace that is rapidly transforming manufacturing and helping companies create resilient supply chains. A successful entrepreneur and a pioneer in building an AI-centric company, Randy co-founded Xometry in 2013, took it public in 2021 (NASDAQ: XMTR) and is leading it through a period of significant growth. Xometry’s annual revenue has grown from $218 million in FY 2021 to $546 million in FY 2024.

Xometry’s proprietary portfolio of technology solutions helps customers shorten development cycles, achieve efficiencies and stabilize their supply chains. The company’s AI-driven Instant Quoting Engine, cloud-based software and digital sourcing tools are deeply embedded with procurement managers, buyers and engineers on one side, and thousands of manufacturers on the other. The company’s popular Thomas brand, which Xometry acquired in 2021, is the leader in product sourcing, supplier selection and digital marketing solutions for manufacturers. 

An expert in the application of Artificial Intelligence, Randy also serves on the Board of Directors for OpenLane (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles. Randy graduated from Princeton University, earned an MBA from Harvard Business School and studied at the University of Vienna as a Fulbright Scholar. 

Prior to founding and leading Xometry, Randy co-founded and served as Executive Chairman of CloudBlue, a leading provider of recycling services for electronic equipment. CloudBlue was acquired by Ingram Micro in 2013. Before CloudBlue, Randy was the co-founder and co-CEO of OfficeTiger, a global BPO company that would eventually employ 4,500 people. OfficeTiger was acquired by RR Donnelley in 2006. Randy began his career working in investment banking at Donaldson, Lufkin & Jenrette and real estate private equity at Blackstone.

As manufacturers continue to optimize operations through Lean and Six Sigma methodologies, the emergence of Smart Manufacturing and Industry 4.0 technologies presents a new frontier for improvement. This session is designed for participants with a foundational understanding of Lean and Six Sigma who are looking to take their efforts to the next level.

Through a practical and interactive walkthrough of standard Lean and Six Sigma tools—such as value stream mapping, root cause analysis, and visual management—this session will demonstrate how Smart Manufacturing capabilities such as real-time data analytics, machine learning, IoT, and digital twins can be layered into continuous improvement practices. Attendees will learn how to “connect the dots” between traditional process improvement methods and cutting-edge technology applications to drive faster, data-informed decision-making and unlock greater value from their existing initiatives.

Presented by:

Robert Schoenthaler
Director – CESMII SMIC