Recent world events have exposed the fragility of our global supply chain and has become a major issue for many companies. The hardest-hit are those that rely on components from other manufacturers to produce their goods. Product delays, increased part costs and shipping times means longer lead times and missed revenue opportunities. Additive Manufacturing (AM) is a disruptive technology that is redefining traditional manufacturing and its supply. Some of the advantages over legacy supply chain management include reduction in inventory, transportation costs and capital expenditures on factories and warehouses. Learn how AM is quickly becoming an integral part of businesses today and has the potential to transform the future of global supply.
Current Supply chain challenges:
▪ Delays in getting parts and new products for functional and market testing, certification
▪ Testing multiple design versions in parallel
▪ Procurement of custom parts and one-offs
▪ CNC shop bottlenecks, foundry lead times, non-recurring engineering (NRE) costs
▪ Managing procurement, warehousing, shipping of parts and assemblies
▪ Time and effort to fabricate tooling for new products and manufacturing lines
▪ High inventory costs, low inventory turnover
▪ Inflexible manufacturing environments
▪ Fabrication of replacement / custom parts
