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Mike Franz

ManufacturingPower - BI for Industrial Supplies.

Mike Franz is the Founder and CEO of ManufacturingPower.com, a platform designed to assist small to midsized manufacturers in optimizing their spend management through peer-to-peer data sharing. He launched ManufacturingPower in March 2017, driven by the need for manufacturers to objectively compare prices for industrial supplies, which can lead to significant cost savings in areas such as tooling and fasteners.124

Professional Background

Franz has a diverse background in the industrial supply sector, with over 20 years of experience spanning various roles, including sales and marketing management. Before founding ManufacturingPower, he served as an Industrial End User Specialist at Kimberly-Clark and held positions at Mape USA and Interstate Companies, where he focused on business development and customer relationship growth.14 His experience has equipped him with a comprehensive understanding of the challenges faced by manufacturers in managing their supply chains effectively.

Innovations and Vision

Under Franz's leadership, ManufacturingPower has developed tools that allow manufacturers to anonymously share pricing data, thereby enhancing transparency in the industrial supply market. This initiative aims to help companies reduce their total spending on supplies by leveraging aggregated data for better negotiation power.25 Additionally, he is set to introduce a mobile app called iNSUPPLi, which will facilitate easier connections between users and local distributors, further enhancing the purchasing experience for industrial supply users.4

Personal Philosophy

Franz emphasizes the importance of strong family values in his business approach and is committed to fostering a culture of growth and profitability within his company. He advocates for clear communication and processes within organizations, believing that continuous improvement is vital for success.34

For more information about Mike Franz and his work, you can visit his LinkedIn profile here or the ManufacturingPower website here.

Highlights

Jun 6 · yorcmo.com
Keep Moving Forward - Mike Franz - yorCMO
Keep Moving Forward - Mike Franz - yorCMO
Apr 24 · deezer.com
Listen to Constant Variables podcast - Deezer
Dec 10 · tcbmag.com
Mike Franz | TCB 100 - Twin Cities Business
Mike Franz | TCB 100 - Twin Cities Business
Sep 9 · inddist.com
5 Minutes with Industrial Distribution: Mike Franz, ManufacturingPower
5 Minutes with Industrial Distribution: Mike Franz, ManufacturingPower
In the News - ManufacturingPower.com

Related Questions

What inspired Mike Franz to start ManufacturingPower?
How does ManufacturingPower help small to mid-sized manufacturers?
What are some key achievements of Mike Franz in his career?
How does Mike Franz incorporate family values into his business approach?
What is the unique perspective Mike Franz brings from his entry sales experience?
Mike Franz
Mike Franz, photo 1
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Location

Greater Minneapolis-St. Paul Area