3D Systems
3D Systems HQ
3D Systems has announced the completion of a strategic initiative to insource the manufacturing of two more strategic 3D printer platforms. The company transferred this activity from two electronics manufacturing services (EMS) partners, with which 3D Systems maintains commercial relationships to expand the adoption of the platforms globally.
As a result of the insourcing, 3D Systems now controls the entire manufacturing process from design to production. The company says that with the increased level of manufacturing process control, it has matched or improved production quality and reduced lead times to meet customer demand.
This includes the ability to be nimble and adapt solutions to meet customers’ needs with 3D printing capabilities and printing process customisation options.
“Our customers want reliable, high-quality products that meet their evolving needs for use in factory production environments,” said Dr. Joe Zuiker, Executive Vice President of Engineering and Operations at 3D Systems. “In-house manufacturing not only enables us to streamline production and reduce lead times, but it also allows us to offer competitive pricing through more efficient operations.
“This means our customers can receive greater value from our production printers, faster than ever before. We elevate our commitment to customer satisfaction by also providing printing process solutions tailored to our customers’ unique requirements and exceptional customer support. Our continuous improvement is helping our customers accelerate their adoption of additive manufacturing and thereby attain a competitive advantage in their market.”
Dr. Jeffrey Graves, President and CEO of 3D Systems added: “We’re pleased to achieve this major milestone which is catalysing our ability to deliver enhanced quality, and pioneering innovation for our customers. We began our insourcing initative last year by consolidating the production of multiple polymer 3D printing platforms into our Rock Hill, South Carolina facility. Since that time we have experienced dramatic improvements in both cost and quality, as well as the ability to accelerate the introduction of new products to meet the market’s continuously evolving needs.
“Since undertaking this initiative last year, lead times have shortened each quarter, and we believe that this activity, in conjunction with other actions puts us on the path to reduce overall inventory by over 20% in 2024. The decision to insource is helping us to better utilise our assets and internal resources, not only driving operational improvements but also cost reductions that align with our financial commitments to shareholders.”
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