Inventory

How to reduce inventory stock with advanced manufacturing

Managing your inventory is often a tricky balance of having too much in stock and not having enough. Consider how your manufacturing line or industrial enterprise could be affected by a mismanaged inventory and how advanced manufacturing will solve all these problems.

In both business cases, a majority of the inventory you’re stocking is likely related to the parts and tools of the machines you need to keep the line running and production on schedule. Just-in-time manufacturing had a surge of popularity in the early 2000’s, and in the face of a global pandemic, that business practice failed, but can your organization find the balance by implementing advanced manufacturing?

Each method has its pros and cons - and often there are other parts of the process that you didn’t know about until you're deep in the weeds. It’s a classic “you don’t know what you don’t know” situation. We’ve compiled our best thinking and case studies here for you to jump start your journey. 

Jump to the section that interests you most:

• Can the Tooling Process be a Hidden Money Saver in Your Business?
• 3 Ways to Grow with Additive Manufacturing; a webinar
• 3 Great Ways to Grow Your Business Using Additive Manufacturing; a white paper
• Why 3D Scan? Here’s 12 real-world examples for engineers!