through 3D Printing Matthew Waterhouse, CEO MSE 2016, Day 3, 14 - PowerPoint PPT Presentation

Extending the Lifespan of Equipment through 3D Printing Matthew Waterhouse, CEO MSE 2016, Day 3, 14 October 2016 (Friday) 11:00am – 11:25am

REVOLUTIONARY CHANGE IN LIFESPAN OF EQUIPMENT | Due to innovations in 3D printing Major companies are rapidly entering the 3D printing world leading to the biggest revolution in manufacturing and aftersales since the invention of the assembly line 140 years ago 6 things you can do to significantly increase the lifespan and reduce the life cycle cost of equipment and spare parts Additive manufacturing is becoming available to many companies with new strategies available to take advantage of the opportunities from developing in-house capabilities to out-sourcing to service bureaus

LEADING COMPANIES | 3D printing already helping improve product lifespan Source: McKinsey & Co

INNOVATIONS IN 3D PRINTING | Extending equipment lifespan 1 4 2 5 6 3 Extend the Reduce Reduce Improve Cheaper Improve lifespan of storage costs transport uptime with spares with part older by on- costs for faster parts no MOQ performanc equipment demand spare parts production printing e printing • Reverse • Local • Faster • 3D print in engineering printing, prototyping full range of • Reduce and printing where parts • Printing metals with • Design inventory of obsolete are needed moulds, dies no MOQ optimisation • Printing from parts no not where and patterns taking various longer they are to accelerate advantage platforms available stored production of new including BIM from OEM printing technology Upto 4-6 15-30% 3-5% of parts upto $5k per 10-20% on $000’s weeks per material budget part suitable part savings parts

CASE STUDY 1 | Extend the lifespan of older equipment • Key part of the braking system of clients vehicle Extend the fleet was failing lifespan of • OEM could not supply older equipment without significant cost • We reverse engineered, • Reverse CAD modelled and engineerin g and printed printing of • Successfully extended obsolete use of fleet at minimal parts no longer cost available from OEM $000’s

CASE STUDY 2 | Reducing storage costs by printing on demand • Working with a leading car parts company and MNC oil and gas company who hold Reduce over USD1bn of spare parts storage costs by and want to reduce storage printing costs and increase on availability demand • Identified suitable parts for • Reduce printing based on high inventory by cost/low turn/long lead time on demand printing • Moving to prototype and • Printing testing stage from various platforms including BIM 3-5% of parts budget

CASE STUDY 3 | Improving part performance • GE redesigned the fuel nozzle for it’s new LEAP jet engines • Reduced the number of Improve component parts from 18 part to print in 1 piece performanc • New part 25% lighter and e 5x more durable • GE plans to print >100,000 • Design parts by end of decade optimisation taking advantage of new printing technology 15-30% material savings

STILL LIMITATIONS | That need to be overcome Design M anufacturin Services g • Lack of long term • Limitations on • Lack of research into speed and size of international materials printing testing standards • Need for IP and IT • High material • Lack of security for costs regulations and design standards in • Security of 3DP supplier supply chain management • Limited number of equipment suppliers

DEVELOPING A STRATEGY | To capture the benefits of 3D printing Design Manufacturing Sales and Distribution marketing Create new product Rethink Provide new business Re-think distribution development manufacturing & offerings strategy approach purchasing strategy • Local on demand • Optimise products • Identify parts Develop new printing channels to take advantage suitable for printing business of 3D printing • New designs opportunities • Develop supply High • chain to support • Accelerate time to • High labour cost customisation market with new items options prototyping • High levels of High level of • customisation design variability Invest in new capabilities • Develop new skills with central team to manage skills development • Improve collaboration between design, manufacturing and distribution • Re-skill QA/QC teams to manage new materials and technology

OUR SERVICE BUREAU | From idea to finished product

OUR CLIENTS | Including government, commercial and industrial

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