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Our years of experience coupled with the most advanced additive technologies ensure you get the highest quality parts delivered as quickly as possible. Or, if the time is right to implement additive manufacturing into your production environment, we can help you develop a solid strategy for your current needs as well as for your future growth.
Assembly line and pricing strategy transformation
During the manufacturing process, sales teams must work very closely with the production teams to make sure all delivery dates are met and the customer is kept happy from point of sale through production and delivery. In a traditional assembly line process for engineered-to-order products for instance, the tools and material must be changed out for each individual job and reprogrammed for each customer and product. With 3D printing, the production team is given greater flexibility since assembly is a single operation and set up time is reduced to nearly zero. Due to flexibility in this new assembly line process, sales reps would be able to push orders through faster and in a greater capacity, since they are fulfilled almost immediately without waiting for optimal production windows which can accommodate the particular tooling or material used for each order. Additionally, the manufacturing process can be done at a lower cost and every order can be treated like a rush order with shorter production time.
GE is well known for its role in energy production across the world, and the firm is incorporating 3D printing into many stages of the production process. Drill bits that were previously costly and broke often are now 3D printed and tougher than ever, officials noted at the event.
For oil, gas, and renewable energy, GE and other companies are using 3D printing to cut down on the cost of materials and speed up production times. They are able to print replaceable parts on the spot instead of waiting weeks for new pieces, as noted at the event. Additionally, 3D printing with metals is used for both wind turbines and mining equipment, and is being adopted for more uses as we speak.
On the other hand, shorter production time and lower overhead costs to the manufacturer doesn’t mean that companies will no longer be able to collect value out of a strategic pricing process. Companies may still be able to charge the same price and even enjoy an increased margin rate due to the specificity and uniqueness of products available via 3D-printing processes. Because the manufacturers’ costs are less, they can decide how much of that cost savings to pass along as a price reduction to customers in order to secure business and keep it out of the hands of competition, or how much to keep in their pockets as increased profits.
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For now, the impact of 3D printing on industrial manufacturing is merely theory, but manufacturers who choose to ignore the benefits and transformation associated with this technology risk falling prey to those that embrace it. 3D printing continues to evolve at a rapid pace and each day we’re seeing something new created from it. What started as fabrication of plastic screws and small parts made of glass has turned into full manufacturing of complete end-products — working automobiles and even buildings have been 3D printed in a single manufacturing action. This proves that the possibilities of 3D-printing technology are endless for manufacturers.
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