Extending the Lifespan of Equipment through 3D Printing
Matthew Waterhouse, CEO
MSE 2016, Day 3, 14 October 2016 (Friday) 11:00am – 11:25am
through 3D Printing Matthew Waterhouse, CEO MSE 2016, Day 3, 14 - - PowerPoint PPT Presentation
Extending the Lifespan of Equipment through 3D Printing Matthew Waterhouse, CEO MSE 2016, Day 3, 14 October 2016 (Friday) 11:00am 11:25am REVOLUTIONARY CHANGE IN LIFESPAN OF EQUIPMENT | Due to innovations in 3D printing Major companies are
MSE 2016, Day 3, 14 October 2016 (Friday) 11:00am – 11:25am
Due to innovations in 3D printing
lifespan
Source: McKinsey & Co
Extend the lifespan of
equipment
engineering and printing
parts no longer available from OEM
Reduce storage costs by on- demand printing
inventory
various platforms including BIM
Reduce transport costs for spare parts
printing, where parts are needed not where they are stored
Improve uptime with faster parts production
prototyping
moulds, dies and patterns to accelerate production
Cheaper spares with no MOQ printing
full range of metals with no MOQ
Improve part performanc e
taking advantage
printing technology
$000’s 3-5% of parts budget upto $5k per part Upto 4-6 weeks per part 10-20% on suitable parts 15-30% material savings
$000’s
engineerin g and printing of
parts no longer available from OEM
3-5% of parts budget
inventory by
printing
from various platforms including BIM
15-30% material savings
taking advantage of new printing technology
Create new product development approach Rethink manufacturing & purchasing strategy Provide new business
Re-think distribution strategy
to take advantage
market with new prototyping
suitable for printing
items
customisation Develop new business
customisation
design variability
printing channels
chain to support
Invest in new capabilities