n order to understand the potential value of 3D Printing in Consumer Products, we need to challenge the “traditional” supply chain and distribution models. We will do this by comparing the “traditional” model with a Digital Supply Chain model that leverages 3D printing and connected collaboration. The concept of Digital Supply Chain further considers the fast evolving and maturing trends of advanced robotics for shop floor automation, and open source hardware for the low cost shop floor of tomorrow. product design & development services in Nashik,vapi,gurgaon,thane,mumbai india
In the Digital Supply Chain model, there are three key elements that drive the benefits case:
1. Locally based 3D manufacturing – provides economy of scope with its ability to fabricate a wide range of parts,
2. Advanced Robotics – provides labor-less assembly using smart, learning robots that can perform human tasks,
3. Open source electronics – provides a programmable, open source electronic components (Arduino, Netduino).
The Benefit Potential of The Digital Supply Chain
The benefit hypothesis for the Digital Supply Chain suggests five key opportunities to reduce cost and risk associated with the “traditional” supply chain model. Firstly, the potential for 3D printing to change the inventory mix from finished goods to raw materials can reduce the overall cost of carry throughout the supply chain. Raw materials pose a much lower inventory cost profile than finished goods. In addition, the cost of carrying parts purchased from a supplier as finished goods can be deferred by fabricating a part or component when and where it is demanded using a connected 3D printing service in Nashik,vapi,gurgaon,thane,secundrabad,satara .
Secondly, the Digital Supply Chain has the potential to take out a significant amount of transportation costs from the supply chain by eliminating the labor arbitrage consideration, importation and other costs — enabling companies to cost-effectively fabricate their own parts locally using locally sourced raw materials. Consequently, 3D printing will reduce lead times associated with sourcing parts and components from disparate geographies, thereby reducing stock outs, which could impact revenue, and potentially eliminating safety stock requirements and associated inventory costs.
Digital Supply Chain is a vision that has promise. It positions 3D printing technology at the leading edge of business transformation. The hypothetical benefits of Digital Supply Chain and 3D manufacturing have the potential to transform the way we think of manufacturing, distribution, and ultimately, business. In my upcoming blog posts, we will explore the Digital Supply Chain benefit cases for service operations and retail. We will then close out this blog series by discussing the current maturity and constraints of Digital Supply Chain-enabling technologies, and the key considerations in becoming a Digital Supply Chain first mover.