Opportunity for End-use Products by Deloitte University Press
Additive manufacturing (AM), better known as 3D printing, represents an invaluable avenue of exploration and investment for companies end-use products in response to market demands. The emergence of additive manufacturing technologies can lead to exciting opportunities… or obsolescence. Companies can explore four tactical paths as they as they consider evolving their deploy these technologies across their businesses.
Evolving Products to Market Demand
AM technology represents a potentially valuable avenue of exploration and investment for companies as they consider to evolve their products in response to market demands. As the 3d printing technologies continues to improve, its ability to enhance product per formance is expected to continue to increase as well.
Changing Capital vs. Scale Relationship
As this performance increases, AM use is likely to continue to migrate from being an advanced technology used only by innovators to a more commonly used technology for core production activities.
“AM reduces the capital required to achieve economies of scale.
IT increases flexibility and reduces the capital required to achieve scope”
AM reduces the capital required to achieve economies of scale. At the same time, it increases flexibility and reduces the capital required to achieve scope. Changing the capital versus scale relationship impacts companies by presenting choices on how to deploy AM across their businesses.
Deloitte University Press: 3D Opportunity for End-use Products
Recently, 3D Systems released a new Deloitte University Press whitepaper for download, as part of a series on additive manufacturing, to help determine how to incorporate 3D printing into a companies manufacturing proces.
When doing so, it has the potential to enhance the end-use products in the following ways:
• Leveraging increased geometric complexity;
Create objects that cannot be manufactured using conventional manufacturing techniques such as casting, forging and subtractive machining. Innovative 3D printing materials provide high strength, yet are lightweight;
• Decreasing system complexity;
Reduce the number of parts and sub-assemblies by redesigning more effective parts into a single component system;
• Increasing customization;
Create individually customized products without incurring additional set-up costs, molding/tooling and post-processing costs typically associated with mass customization;
• Enhancing product performance;
Design for performance rather than manufacturability, as required by more traditional manufacturing techniques.
The opportunity for companies to apply additive manufacturing in the pursuit of value through improved performance, greater innovation, and accelerated growth will remain for the foreseeable future.
Learn from the movie below how companies can explore four tactical paths as they deploy 3D printing technologies across their businesses.
Online Training Course – AM for Business Leaders
The Deloitte University also launched an online course designed to help expand the knowledge of the business implications of additive manufacturing and to inform about the choices how and where to invest in these 3d printing technologies.
You can read more about and register for the course at Deloitte University Press.