The Competitive Advantages Of 3D Printing
Companies who use 3D printing in the design process have a distinct competitive advantage due to its speed and ability to facilitate design communication and concurrent engineering throughout an organization.
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Published:
Jun 22, 2008
Type:
White Paper
Length:
2 pages
An essential tool for everyone on the design team.
Dimension 3D printing can help you quickly fine tune The competitive advantages of 3D printing.designs and cut weeks - even months - from your development schedule. Now you can test form, fit andfunction and explore as many design iterations as youlike - over your network, right from your desktop.
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Powered by leading Stratasys technology.Time: The ultimate competitive weapon. The ideal tool for concurrent engineering.
In today's competitive marketplace, the typical life span Just as concurrent engineering involves more peopleof an electronic product can be less than six months. A throughout an organization in the design and develop-recent McKinsey & Co. study suggests that if a product ment process, 3D printing enables all those participantsis late to market by six months it will have lost up to to view numerous design iterations and offer firsthand33% of its potential gross profit over its life cycle. input based on accurate, durable, functional ABS parts.
With little time for error,there is increasing pressureon companies to quickly"get there first" in order toassure success. This putsan increasing amount ofpressure on the design 3D printing can help to trim days, weeks and monthsprocess to be highly collab- off the typical product design and development cycle.orative, efficient and fast. 3D printing allows designers and developers to go fromMost critical product design flat screen to exact part. Within a concurrent engineeringand specification decisions process, 3D printing enables participants to make betterare made during the first informed design decisions throughout a faster productEntering a market 6 months late could cost a 10% of the design cycle or development cycle time, resulting in reduced costs andproduct up to 33% of its gross profit potential. at the conceptual stage. fewer engineering changes.These decisions can affectalmost 80% of the product's total cost by establishing More design iterations faster.material selection, manufacturing techniques, andlongevity of the design. It's extremely important to make 3D printing provides a highly cost-efficient means of pro-the correct decisions by evaluating different or multiple ducing numerous design iterations and immediate feed-design concepts during these beginning stages. back throughout the critical beginning stages of thedevelopment process. The ability to quickly refine form,3D printing enables management, engineering design fit and function can significantly affect production coststeams, manufacturing, field service, marketing, purchas- and time to market. This can create a distinct competi-ing, and vendors to offer firsthand input based on tive advantage for those companies who include 3Ddurable, functional ABS parts that can be produced printing as an integral part of their design process.quickly and efficiently.
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