From hearing aids to jet engines, 3D printing is revolutionising the world of manufacturing.
Of all the ways 3D printing will change the world, the democratisation of manufacturing is perhaps the most important. Think of it as the Uberisation of manufacturing, where supply can be accessed anywhere in the world to produce goods at the click of button.
This is a once-in-a-generation logistics opportunity, as so-called additive manufacturing will optimise the time and cost of making and delivering goods. Mass customisation will be the new normal. So what does this mean for the future of logistics?
Modern delivery and manufacturing
We’ll see more direct-to-person manufacturing as well as delivery. Physical stores will be reserved for generic goods, not items customised to the individual. Hybrid customisation has enormous potential for logisticians.
Imagine thousands of products from cell phones to blenders, each made with a common core but customisable covering. Third-party logistics providers are uniquely suited to move these items.
Logistics companies like UPS would simply store the common core in their warehouse, print the custom piece and finish final assembly near the point of consumption.
This would also disrupt service parts logistics. Right now, companies make and store hundreds of thousands of critical parts around the world at tremendous expense just on the off-chance that they’ll be needed for an emergency repair.
In the future, these slow-moving parts will be stored virtually and printed on demand. As a result, import and export costs – especially important to small businesses – will plummet dramatically.
As companies begin to take advantage of designing parts for 3D printing, the manufacturing industry will re-invent itself. Machines designed to construct a specific product will give way to 3D printers capable of making many different items.
This will be the sparkplug for efficiency across supply chains. It will revolutionise how we get items to your doorstep. And it will forever alter how you search for and purchase goods every day.
Even though 3D printing is a 30-year-old technology, we’re just scratching the surface of where additive manufacturing will take us. These printers are no longer reserved solely for prototyping and product design.
We’ve moved beyond trinkets and souvenirs to items like hearing aids and aircraft parts, proving this is no fad.The global 3D printing market will exceed $21 billion by 2020, according to Wohlers Associates.
3D printing demands
In addition, the demand for 3D printers, materials and services will surpass $10 billion by 2018, the consulting firm found. Such promise is why UPS recently partnered with software company SAP to expedite the manufacturing and delivery of 3D-printed parts.
Customers can go online and place an order through the Fast Radius website and these items will be printed either at a UPS Store location or printing facility connected to our air hub in Louisville, Kentucky – in as little as a day.
This effectively creates end-to-end industrial manufacturing. And we expect these efforts to go global in the near future.
Moving beyond logistics, however, 3D printing will change the way we think. It will change how future generations learn and see the world.
This technology can now keep pace with anything we imagine. We’re no longer forced to innovate in a world shackled to existing infrastructure. If you can think it, you can do it.
Reprinted with permission of Longitudes, the UPS blog devoted to the trends shaping the global economy.