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Dime

Dime

The Factory Operating System

DIME helps manufacturers manage their factories. Our clients use us to manage their production and track their progress.

Dime
Founded:2023
Team Size:2
Location:
Group Partner:Dalton Caldwell

Active Founders

Ashish Bajaj

Ashish is a co-founder @ Dime. He's a passionate Detroiter (Go Lions!) excited about building the tools that power the American Manufacturing renaissance. Before Dime, Ashish led the business operations and finance functions at a Series B Ghost Kitchen aggregator. Before that, he spent four years in finance, first as an Investment Banker at Rothschild, and then as an Investor at TPG.

Ashish Bajaj
Ashish Bajaj
Dime

Akash Kumar

Co-Founder of dime, the factory operating system. My roots in Detroit—the Motor City—fuel my passion for melding technology with manufacturing. Growing up with summers in factories and a family deeply embedded in the auto industry, from my dad's factory insights to my mom's work on control systems for Chrysler, I was fascinated by how cars come to life.

Akash Kumar
Akash Kumar
Dime

Company Launches

Hi 👋 We’re Akash and Ashish, and we’re really excited to be launching Dime!

TL;DR: Dime helps manufacturers manage their factories. Our customers use Dime to generate production plans and track their progress

The Problem ⚠️ - Manufacturing processes have gotten increasingly complex and existing MRP systems haven’t kept up

Manufacturers use Manufacturing Resource Planning (MRP) systems to manage factory workflows. These tools are the operational backbones of factories handling tasks such as taking in orders, ordering raw materials, scheduling production, and tracking inventory. However, existing platforms aren’t great due to a few key reasons:

  1. Costly: Setting up an MRP requires significant upfront investment on consultants to configure modules that are only partially used
  2. Rigid: Most MRPs enforce a fixed data schema, complicating the integration and management of external information. This necessitates expensive custom integrations to add data sources or alter data fields as business needs evolve
  3. Inefficient: MRPs still require significant manual data entry and data extraction is dependent on inflexible reports that need additional processing for analysis

The Solution 👍

Dime is building a modern MRP, starting with automated production scheduling and inventory tracking.

Our production scheduler is schema-agnostic and takes order inputs from any format (PDF, CSV, EDI, etc.). It considers factory-specific capacity, setup, and labor constraints to automatically create an optimal schedule that tells plant managers which parts to create and when.

Dime provides real-time updates on the production and shipment status of orders. Inventory can be traced from the production line, through quality control, and into the warehouse.

The Team, The Team, The Team… 〽️

We’re University of Michigan alumni and grew up in Metro Detroit 🚗🚗 , so we’ve been surrounded by Manufacturing our whole lives. Akash spent every summer of his childhood at the factory where his dad worked and saw firsthand how outdated manufacturing systems are.

After graduation, Akash pursued his Masters in AI/ML at Georgia Tech, where he was a research assistant to Dr. James Hayes, a pioneer in self-driving technology and staff scientist at Argo AI. Akash then spent four years as a Software Engineer on Snapchat’s AI Platform.

Ashish most recently led the Business Operations and Finance functions at Butler, a Series B company. Before that, he spent four years in Finance, first as an Investment Banker at Rothschild and then as an Investor at TPG.

Our Ask

  1. If you are a manufacturer or know anyone who runs a manufacturing company, please visit our website and schedule a demo
  2. If you have any feedback, reach out to us at founders@dimemanufacturing.com

YC Sign Photo

YC Sign Photo