Instead of sourcing components from single suppliers, manufacturers are starting to look for smaller orders from a range of suppliers to guard against the supply chain disruptions seen during the pandemic.
Slimane Allab, senior vice president and general manager, EMEA of supply chain tech company LLamasoft said, “Short run manufacturing is effectively bridging the gap between product prototyping and full-scale manufacturing plans.
The 3D printing technology also served as an alternative and more efficient manufacturing option to keep up with the demand for nasopharyngeal (NP) swabs.
Amid worldwide disruptions in supply chains due to Covid-19 restrictions, the 3D printing technology has enabled on-demand solutions for needs ranging from personal protection equipment to medical devices and isolation wards, say researchers.
The researchers examined how the digital versatility and quick prototyping of 3D printing has enabled the rapid mobilisation of the technology and a swift response to emergencies in a closed loop economy.
3D printing is the essence of tech for good. Over the next decade it will be crucial to our ability to solve the climate crisis and it has huge potential to lessen the impact of manufacturing on the planet.
But the business case for embracing 3D printing is just as strong. The technology has the potential to transform every industry and change the way we work and live in the future. Within the manufacturing sector it will play a significant role in reducing waste, challenging global supply chains and offering greater flexibility in the manufacturing process.
Last year, the world experienced unparalleled growth in the 3D printing market. Entrepreneurs have clamored to enter this space for the last five years, competing to develop new software and applications. The venture capital market raised huge funds, to the sum of over $1.1 billion, by 3D printing start-ups in 2019 alone. We are already seeing unprecedented adoption rates and aftermarket supply chain growth.
This week, California-based metal 3D printing company Velo3D revealed it had raised an additional $12m in funding, taking its total to $150m. The money will be used to develop a new approach to metal 3D printing, reducing the need to re-design parts for additive manufacturing.
Velo3D believes this approach can help engineers realize the potential that lies in metal 3D printing.
The 3D printing industry is not short of potential. In 2019, GlobalData estimated the market would be worth $32bn by 2025, growing at a compound annual growth rate (CAGR) of 16% between 2018 and 2025.
In the span of weeks, the COVID-19 pandemic has upended life around the world, and its impact grows more severe with each passing day. The swiftness and pervasiveness of the disruption is unparalleled in modern history, as entire economies grind to a halt in an effort to contain the spread of the virus. Societies have been forced to quickly adapt to the disruption, in many cases turning to technologies that have long been hailed for disruptive potential of their own.
In the supply chain, additive manufacturing, also known as 3-D printing, is finally having its moment.
Across industries, supply chains have been hit hard as factories shut down or limit production. However, none has been strained more than the medical supply chain, as demand soars for protective equipment like masks and gloves, as well as for critical life-saving equipment such as ventilators. Hospitals will likely soon be overwhelmed, with capacity and supplies pushed to their limits. In the face of this unprecedented challenge, additive manufacturing has stepped in to fill the gap.
The use of 3D printing for maintenance, repair and operations (MRO) will double “in the coming years,” according to a survey of 114 respondents, conducted by Dimensional Research and Essentium, a 3D printing platform. The survey did not specify a time frame for “in the coming years.”
The respondents see use cases for 3D printing in various types of prototyping and parts production. Benefits of the technology include reduced lead times, cost reduction, the ability for mass customization and a competitive advantage in the marketplace.
Despite respondents naming cost reduction as a benefit, the plurality reported cost as the biggest obstacle to adopting 3D printing at scale. 3D printing technology and materials are too expensive, according to more than one-third of respondents.
The Marine Products division of global maritime industry group Wilhelmsen has launched a program to supply 3D printed spare parts on demand to ships and other vessels. Part of an ongoing collaboration with advanced and additive manufacturing service bureau Ivaldi Group, the service is exclusively open to a group of six early-adopters.
Advantages promoted by the program include the elimination of physical inventory, streamlining complex distribution, and a reduction of associated costs. “The savings from reduced cost, time and environmental footprint provided by 3D printing, digital inventory and on-demand localized manufacturing of maritime spare parts is a tremendous opportunity for our valued subscribers to be ahead of their rivals,” comments Hakon Ellekjaer, Head of Venture, 3D Printing at Wilhelmsen, adding:
“WE BELIEVE ON-DEMAND MANUFACTURING TECHNOLOGIES ARE GOING TO COMPLETELY RESHAPE THE MARITIME SUPPLY CHAIN.”
3D printing is about to transform manufacturing as we know it, decimating waste, multiplying speed to market, and harnessing never-before-used materials.
Additive manufacturing products and services are projected to more than double by 2024, just five years from today. But not only will 3D printing turn supply chains on their heads here on Earth—shifting how and who manufactures our products—but it will be the vital catalyst for making space colonies (and their infrastructure) possible.
Welcome to the 2030 era of tailor-made, rapid-fire, ultra-cheap, and zero-waste product creation… on our planet, and far beyond.
Thanks to their higher lifetime value, retailers are putting more effort into fulfilling the delivery needs of omnichannel consumers. Despite representing only 7% of total customers, omnichannel customers account for 27% of all sales; so they order more and more often than others.
Plus, digital media use before and while consumers shop already influences most in-store sales, and its influence is increasing, projected to influence 58% of all in-store sales by 2022. By embracing an omnichannel model, merchants can improve their chances of remaining profitable while improving the service they provide customers buying in-store or online.
When buying online, omnichannel consumers increasingly demand smaller, more frequent shipments to their doorsteps, workplaces and/or a convenient pickup location, and many will take their business elsewhere if merchants don’t oblige. According to Forbes coverage of a Capgemini study, for example, almost half of consumers say they would stop buying from a retailer that could not provide a satisfactory delivery. On the other hand, 55% said two-hour deliveries would increase their brand loyalty.
As additive manufacturing goes mainstream, supply chains are presented with tough decisions. Are the speed and flexibility worth the cost?
To produce brake calipers for its Chiron supercar, Bugatti embraced additive manufacturing, creating the largest titanium 3D printed component yet.
Because titanium is so strong, it’s impossible to use the same milling and forging technology used to form traditional aluminum calipers, Popular Science reported. Instead, the part is produced from 2,213 layers of titanium powder melted by lasers for over 45 hours and then heat-treated to 1,300 degrees. The part undergoes 11 hours of grinding to ensure each component meets exacting tolerances.