How distributed manufacturing is reducing operational risk
By Mathew Hunter, innovation product marketing manager, Konica Minolta Distributed localised production has emerged as a counterpoint to globalisation as it places the production of goods closer to consumers or at the point of use. Using additive manufacturing means manufacturers can produce goods onsite, which delivers a host of financial, efficiency, and environmental advantages. Although globalisation can offer businesses many benefits, the trend towards distributed manufacturing is increasing. Particularly in recent times, this acceleration is due to factors such as: rising fuel prices, which has significantly increased long-haul shipping cost; concerns over climate change and its negative environmental effects; and the lack of control over stock levels, timing and import restrictions when relying on overseas supply lines. Distributed manufacturing uses additive manufacturing to place production sites across dispersed locations, which are interconnected and coordinated through technology. Sites can download designs and 3D-print them on the spot. Because this model relies on local manufacturing, producers have a higher level of flexibility and agility, providing faster turnaround times, quicker delivery of goods, and customised products. This can help manufacturers compete more effectively, particularly in a disrupted environment, as it reduces operational risks. By implementing a distributed manufacturing model, manufacturers can overcome many challenges currently impacting global trade, including constant trade wars and tariffs as well as pandemic-related border closures. Setting up local manufacturing operations also helps support innovation for individual manufacturers and helps the country as a whole gain more resource sovereignty. The New Zealand government has recently launched an approach to industry policy to help grow more innovative industries across the nation. Manufacturing is a key industry for New Zealand to grow and become a more productive, sustainable, and inclusive economy. The Advanced Manufacturing Industry Transformation Plan aims to: help lift the sector’s productivity, sustainability, inclusivity, and quality of work; and […]