In fact, it is not just the manufacturing enterprises that
have access to the technology; we see that it is coming closer to the end user.
The Kitchen-Table Industrialists talks
about DIY manufacturing cooperatives and kits. In August this year, UPS announced that
it would offer 3D printing in store, to help startups and small businesses
develop models and prototypes of the products. In May, an engineer
in Wisconsin developed a gun using a $1,725 3D printer. The gun uses
materials worth a mere $25, and you can see it in action in the below video. The
fact that a cheap home-made plastic gun can stand the impact of 9 rounds of
firing suggests that the technology enables sturdy products.
I would like to mention a recent experience I had with custom
development of a product. I wanted to give someone a personalized gift and found
a website that lets you design an entire book – cover to cover. They provide thousands
of templates for pages, depending on the occasion, your hobbies, etc. The
cooler part is that every element in the template is customizable. The coolest
part is that they ship overnight.
If a product manufacturing company can extend the business
model to include 3D printing, I can imagine a world where it takes online orders
from customers, then makes and ships the products. Or a model where one can
call the store when they are leaving for work, and on the way pick up the just-in-time
manufactured stapler.
Such technology can potentially impact every aspect of the
traditional supply chain. The customer may or may not provide the design, but
there is a huge scope for design customization. The manufacturing is based
entirely on customer demand, so cost of storing finished inventory is reduced.
The manufacturing is much closer to the customer, thus the lead times will be
much shorter.
So within a 5-7 year horizon, it will be realistic to call Home
Depot and say, “I have emailed you the design, can you print and ship a dozen office
tables for me by tomorrow?”
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