What is it?
Inventory management has always been a challenge for Manufacturing industries. OEM’s have to maintain a huge inventory throughout the year which incurs space as well as cost. However, with the advent of additive manufacturing, inventory can possibly be digitised and revoked whenever required, a truly just in time scenario. Companies can identify a group of components which they need once or twice a year. These components need not to be stored on the shelf for a whole year, instead, CAD model of the parts can be maintained. Once requirement arises, the component can be 3D printed and dispatched within 5-7 days. This approach saves cost and space significantly.
- Reduction in inventory space required
- Reduction in inventory investment cost
- Improved working capital
- Just in Time approach
|01||Select spare parts which are ideal for metal printing|
|02||Either Reverse Engineer the spares or if reality available, retrive CAD model of the parts|
|03||Store the CAD files in a system|
|04||When requirement arises, receive the spares in 5 - 7 working days|