New Business Models for 3D printing

It seems like everyday there are new 3D printing ventures. As the influx of 3D printing businesses continues upward, myriads of new business models are being developed to support the 3D printing production process. The difference in approaches to supply chain and inventory, for example, look different from traditional manufacturing processes to additive ones. To get a clearer understanding of those different business models and what they entail, check out this guide.

On demand manufacturing

If and when you are in need of a product, instead of waiting for the necessary parts, tools, etc., you just make it. There is no need to stock any spare parts or tools, again, because you can simply make it on the spot. When you can digitalize production, you really speed up and optimize all of your processes.

The only argument here would be that filament needs to be stocked.

Rapid Prototyping

When you have the 3D file in your hands, all bets are off. The speed and convenience you can achieve is unparalleled. Manufacturing new iterations of your design could never be this simple for traditional manufacturing processes. The time spent during R&D phases of additive manufacturing processes is significantly smaller and thus will save you a buck or two. Who doesn’t want that?

Flexibility

With 3D printing, your business becomes modular and adaptive because of the amount of control you have throughout the entire production process. You can control every angle of your product and its geometry. Let’s not forget to mention the control you have over how many parts you produce. For the first time, low volume isn’t an issue.

“Your whole organization can benefit from this flexibility, with an easier prototyping process, a more efficient production process, more adapted advantages such as adapted tooling, for example.”

 

These three business model concepts are not the only ones. If you are interested in learning about the others, grab the full article here.