February 4, 2021 — Firm News
White Wolf Capital formed Consolidated Machine and Tool Holdings (CMT) in 2017 to consolidate the fragmented precision manufacturing industry. The company expanded from two facilities to nine locations across the United States and Canada by 2020, offering CNC machining, welding, fabrication, and aerospace support services.
As CMT grew, its quoting process became disorganized. With nine different facilities each offering distinct capabilities, RFQs frequently needed to be routed between locations. However, the hand-off system failed to efficiently share opportunities between manufacturers, resulting in missed business and slow turnaround times.
CMT appointed Beau Larsen as lead cost estimator to centralize the quoting process. The company had previously relied on inefficient solutions like Excel spreadsheets and ERP-based estimating systems. After searching for years, White Wolf discovered Paperless Parts, which offered a web-based, collaborative platform specifically designed for machined components.
The Paperless Quoting solution uses a proprietary geometric engine to suggest cycle times by analyzing 3D files. This automation reduced manual entry requirements and enabled any employee to complete quotes efficiently. The integrated chat function allowed seamless communication between CMT's nine facilities.
Following implementation, CMT captured "over $800k in revenue during the first 4 months" from previously missed opportunities. With centralized data storage and visibility across all facilities, Beau could strategically assess which location best suited each job. The platform connected all nine CMT facilities, ensuring no RFQ fell through the cracks.