It’s time to think differently about manufacturing. Taking an idea from prototype to production is no longer bound by the constraints of traditional manufacturing methods. In the era of Industry 4.0, companies are mitigating risk, cutting costs, and speeding time to market with 3D printing – a process that is predicted to revolutionize the world of production. Since its creation in 1983, 3D printing has evolved from a one-dimensional service used for rapid prototyping to a $7.3 billion industry with a footprint in a wide span of industries. Its evolution now helps power the world of manufacturing, increasing innovation and promoting efficiency and sustainability across the globe. Benefits Speed: One of the main benefits of additive manufacturing is the speed of which parts can be produced compared to traditional manufacturing methods. With Forecast 3D’s 3D Manufacturing Center (powered by 24 HP Multi Jet Fusion 3D printers), customers can get tens of thousands of parts in days, whereas traditional manufacturing methods like injection molding, often done overseas, typically take a month or more to complete Design Flexibility: 3D printing allows for the creation of extremely intricate designs and complex geometries that would often be complicated or even impossible to produce with traditional manufacturing methods. With additive manufacturing, customers can reiterate their designs and have updated parts quickly. With injection molding, tooling changes are required for every little design tweak, often resulting in several more weeks of waiting. The design flexibility of 3D printing …
Read More →Eurofins Lancaster Laboratories PSS Insourcing Solutions
Eurofins Lancaster Laboratories PSS Insourcing Solutions is a program that places a team of experts in the client’s laboratories with access to their quality systems in order to execute a project in the client’s scope of work. By adopting this insourcing approach, organizations are able to benefit from the expertise of an experienced laboratory testing provider, while reducing costs as they continue to keep projects, methods and analytical techniques in-house. With more than a 55-year track record of scientific and laboratory operations expertise, PSS ensures that each team of experts are top quality and selectively chosen for the appropriate project. This in-house approach is preferred by pharmaceutical and biopharmaceutical companies as opposed to hiring temporary staff. Temporary staff solutions result in valuable resources being used for recruitment, training, and managerial purposes, which could be redistributed to another area. Temporary staff also often result in conflicts with long-term needs, European regulations, and strict IRS guidelines. Benefits of insourcing include lower headcount, avoiding high turnover, condensing product development cycles, flexibility and more. PSS’s Insourcing Solutions has grown exponentially, currently, employing more than 1,500 employees, as well as serving clients in 15 countries at more than 70 different sites worldwide. You can find more information on the PSS’s Insourcing solutions in their ebook here. For more information on Eurofins, visit their website here.
Read More →Reduce Product Costs Using The Should Costing Method
“Should Costing provides the basis for continuous cost reduction and waste elimination. Should Costing also provides the ability to formulate the best economies of scale from a cost view point, which can be used to leverage a ‘best price’ in the negotiation process.” – Geometric Limited Should Costing is a systematic process that enables cost reduction from the conceptualization stage through the product life-cycle. Maintaining competitiveness within the aerospace industry is highly dependent on an organization’s ability to reduce product costs and delivery cycle times. However, the industry as a whole continues to face challenges in managing product costs from the inception stage through the very long life-cycle of its products. Aerospace organizations produce complex products that source between 50-70% of their components from suppliers. To eliminate significant costs prior to production, organizations must first identify the major cost drivers of components that are designed, manufactured and procured. Identifying these cost drivers can aid in supplier selection, effective negotiation and advanced segmentation. I sat down with Ken Sutphin, Head of Mechanical Engineering Practices at Geometric Ltd., to explore the benefits that their customers have seen in adopting the Should Costing method. According to Ken, clients that have utilized Geometric’s proprietary productivity tools for Should Costing have enabled: An improved ability to launch new products at target costs. Processes with integrated tools that are almost 2X faster than conventional process with better repeatability and accuracy. Complete recognition and understanding of component …
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