3d Printing

Published: 2021-09-04 05:05:15
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Category: Business

Type of paper: Essay

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How will 3-D Printing change the business environment?
What is 3D printing? 3D printing or known as additive manufacturing is a process of three dimensional solid objects from a digital file. It has been in existence for decades but has recently morphed from a simplistic technology to a more complex and sophisticated one. To be more precise, the 3D processes have been classified in seven different developing categories ranging from what type of materials are used, to what and how the item is assembled and executed. This technology will be the paradigm that will change the way products are created and its availability. Imagine being able to print anything from the comfort of your own home. You no longer need to wait days for it to be delivered and none the less overpriced fees. You can create anything your imagination desires from do it yourself projects to creating tools that will help predict the future and save people’s lives. This innovation will affect production, distribution and consumption of the goods and services in our economy. One industry that will have a huge impact is logistics. They will be forced to change their operations to meet the demand in the distribution of raw materials rather than goods. Businesses will be able to customize your needs faster and eliminate overhead expenses with unnecessary goods in stock. Companies that are open to the new revolution of 3-D Printing will survive with this transition while others will disappear.

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