3D printing technology is now a common reality with plenty of financial and research support due to its wealth of application in multiple industries. From revolutionising the manufacturing process by fast-tracking the creation of replacement parts from scratch, to transforming the medical field with its limitless designs, it begs the question: what can’t you do with 3D printing?
It also transforms the business landscape as 3D printing technology offers a practical, efficient, and cost-efficient solution for developing functional everyday products. By streamlining the manufacturing process, small businesses can now compete with fortune companies on an even playing field.
The list below explores the different ways 3D printing technology is a game-changer in the world of business:
Benefit #1: Cost-Effective Choice for Prototyping
Companies from across the world rely on prototyping to test their products. Without 3D printing technology, the entire process can be painstakingly time-consuming and costly. That’s why 3D printers are game-changers in the world of business as it gives small players a chance to mass-produce prototypes with virtually zero backbreaking labour.
To that end, 3D printing technology helps enhance business operations by making prototyping quick, easy, and highly accessible.
Benefit #2: Offers Advanced Customisation for Products
Beyond improving the process of prototyping, 3D printers also help improve a company’s customer experience by providing advanced customisation for products. This allows businesses to home in on the pain points of their target audience, which will help appeal to the mass market.
Start-ups can also skip going through middlemen and consultants when studying consumer needs as they have a technology that can produce tailor-made products for a fraction of the cost and time.
Benefit #3: Less Travel Costs
Prototyping also involves transportation costs as designs need to mail the sample products to from factory to factory in preparation for the actual production. With the help of 3D printing technology, it reduces the amount of distance as designers can produce and print products in one sitting.
If prototypes are a must, investing in more 3D printers for each factory can eliminate the need for air or road travel as designers can send the design for the products via email. With the ability to produce prototypes or spare parts on-site, 3D printing saves money by cutting back on transportation fees and even reducing carbon footprint down the line.
Benefit #4: Reduction in Storage Space
Businesses typically need large warehouses to store products that they need to sell. Mass production can be time-consuming and costly, which is why companies produce more than the market demand in preparation for the future. That means products will sit on storage spaces for months or years, which can be a waste of resources in the long run.
3D printing technology transforms the entire process as businesses can now produce goods in high volumes as they are sold. This will save companies from overproduction and reduce storage costs in the long run.
3D printing technology offers a wealth of advantages in various industries. In the world of business, 3D printers help streamline the process of prototyping and cut back on costs by eliminating the need for shipping and mass production.