•A digital twin-driven service model of shared manufacturing resource is built.•The credit of resource providers is considered in the resource allocation model.•A distributed optimization method is used to keep providers’ decision autonomy.•Results of a case study showed the effectiveness of the proposed method. The sharing economy has been recognized a mutually beneficial economic mode. Deriving from the concept of sharing economy, shared manufacturing was proposed under the support of advanced information and manufacturing technologies. As a core part of implementing shared manufacturing, manufacturing resource allocation aims to coordinate cross-organizational resources to provide on-demand services for personalized manufacturing requirements. However, some challenges still hinder effective and efficient resource allocation in shared manufacturing. Traditional centralized optimization methods with only one decision model are difficult to maintain autonomous decision rights of resource providers. Thus, they could hardly adapt to the situation of cross-organizational resource coordination. In addition, the credit of resource providers is rarely considered in the resource allocation process, which is unfavorable for promoting more reliable trades in shared manufacturing. To address these issues, this study proposes an integrated architecture to promote the resource allocation in shared manufacturing. A digital twin-driven service model is built to perform the seamless monitoring and control of shared manufacturing resources. The resource allocation model is constructed based on the consideration of the credit of resource providers. To keep the decision autonomy of resource providers, augment Lagrangian coordination is adopted to analyze the constructed resource allocation model. A case study is further employed to validate the effectiveness and efficiency of the proposed method in performing the resource allocation in shared manufacturing.