Fast Radius
Case Studies
Transforming the spare parts supply chain with digital manufacturing
Overview
Transforming the spare parts supply chain with digital manufacturingFast Radius |
Other - Additive Manufacturing | |
Equipment & Machinery | |
Discrete Manufacturing Logistics & Transportation | |
Additive Manufacturing Inventory Management | |
Cloud Planning, Design & Implementation Services Hardware Design & Engineering Services | |
Operational Impact
Reducing company carbon footprint through less material waste | |
Improving the customer experience with spare parts never being out of stock | |
Eliminating inventory carry costs - including working capital, warehousing, and obsolescence | |
Quantitative Benefit
Nearly $550 billion is tied up in inventory in the manufacturing industry alone, according to a report from the National Institute of Standards and Technology (NIST). For a company the size of Husqvarna Group, working capital amounts to hundreds of millions of dollars in the traditional manufacture-warehouse-sell process. | |