Digital inventory: How 3D Printing will decrease your supply risk to zero ?
Technical Focus | 2 March 2018
Supply chain is the result of a thin balance between offer and demand. Inventory levels are defined through a trade-off between demand, supply lead time and the level of acceptable shortage risk to minimize the overall costs. However, most of these optimized models are based on demand predictions which by essence are false.
So, what’s the worst nightmare of every supply chain manager? Of course, it’s the shortage!
Whether you are on the supply side and you suffer loss profit or on the demand one and feel the pain due to equipment downtime, shortages heavily impact your company.
Then, once the spares catalogue is digitalized, only remains the on-demand production. Here good industrialization and standardization of the production platforms simplifies largely the work and it becomes “Plug & Print”.