Spare parts 3D (SP3D) and the National Centre for Additive Manufacturing Foundation (NCAM) sign a Memorandum of Understanding (MoU) to accelerate additive manufacturing adoption and contribute to India’s digitization initiatives

Today, SP3D and NCAM signed a cooperation agreement that will lead both organizations to work closely to enable adoption of digitalization of inventory for companies using additive manufacturing technologies in India.

SP3D, the leading French startup in software for additive manufacturing brings its expertise on part identification, digital inventory, and digital passport creation; NCAM, is established by the Ministry of Electronics and Information Technology (MeitY), Govt. of India and ITE&C Department, Govt. of Telangana in partnership with industry to develop a comprehensive Additive Manufacturing ecosystem in the country and position India as a Global AM Manufacturing Hub.

Today, Indian industries (e.g., from Mining, Energy, Agribusiness, petrochemicals, heavy engineering, etc.) are faced with significant issues when dealing with spare parts supply chain for maintenance of industrial assets such as long lead time, supply chain disruption, part obsolescence etc.  They either need to stock massive quantities of parts or encounter long lead time to import parts; thus, they expose themselves to high inventory cost or costly equipment downtime by waiting for parts that are not sourced locally.

“The digitalization of inventory can bring about a shift not just in traditional inventory management but also how organizations approach production, maintenance, and supply chain resilience”, said Shri Jaspreet Sidhu, Chief Executive Officer at NCAM.

By identifying the right parts for additive manufacturing, those companies can help relocate part production in the country, much closer to where the parts are needed, with reduced lead time and subsequent reduced carbon footprint. (…)

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