Not since the first Industrial Revolution has the manufacturing industry transformed more than it has in the last 20 years. New technologies including robotics, computer-driven manufacturing, and data analytics have helped companies increase supply chain efficiencies to keep up with demand, but what if a bigger manufacturing industry transformation was on the horizon? Take a moment and imagine manufacturing becoming fully digital, allowing us to produce and distribute custom products to meet demand in near real-time.
That’s the vision that’s being brought to reality by Chicago-based additive manufacturer Fast Radius.
I recently had the privilege of visiting their facility in Chicago’s West Loop neighborhood and spoke with Fast Radius Chief Executive Officer Lou Rassey and Chief Operating Officer Pat McCusker, learning more about the company, its vision and strategy, and expansive list of clients. I found the scope of what Fast Radius does stretches far past the incremental improvements in efficiency the manufacturing industry expects.