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Additive Manufacturing Process Economics and How to Build a Business Case

  • today
  • access_time - ET
  • location_onMcCormick Place
  • blur_circularWorkshop
  • monetization_onPaid Upgrade
  • schoolNovice

Additive manufacturing (AM) offers manufacturers numerous compelling value propositions across the product lifecycle – from its first beginnings as a rapid prototyping tool, to exciting production uses where novel product designs are used to achieve breakthrough performance. However, the proposed benefit of these applications compels organizations to understand the fundamental cost drivers of their implementation, and a dearth of knowledge about the true cost of deploying AM can damper confidence and stall implementation. In this workshop, we will share both qualitative and quantitative frameworks for understanding the AM value space, where high-impact applications are critically assessed against the full spectrum of cost considerations. This workshop includes a modifiable, spreadsheet-based cost model and hands-on exercises to augment the presentation material.

Learning Objectives:

  • Learn the fundamental relationships between AM technologies and materials that define their potential applications across the product lifecycle
  • Understand how organizations refine their adoption of AM in concert with other digital production methods to move up the ladder from prototyping applications to production uses
  • Discover the core drivers of the cost of AM parts, and the relative weight of these drivers by process