Key Factors | Advantages |
Cost Savings | ・ Eliminate the need for large bulk inventory ・ Eliminate the need for high volume production facilities ・ Reduce transportation cost ・ Eliminate penalty for redesign ・ Reduce the size of an economical lot ・ More economical and effective packaging solutions ・ Vetting out designs: offer customized designs at lower cost ・ Reduce labor inputs: eliminate low level assembly workers ・ Reduce required tooling and machining centers ・ Economical mass customization |
Speed Responsiveness | ・ Eliminate the time lag between design and product ・ Shorter lead time ・ Enabling on-demand manufacturing ・ Improving process flexibility ・ Supply chain disintermediation ・ Hedge against disruptions |
Quality Improvement | ・ Reduce production waste ・ Improve quality ・ Incorporate customer feedback ・ More optimum products across many industries ・ Eliminate excess parts that cause drag and add weight ・ Management of demand uncertainty |
Environmental Impact | ・ Improve sustainability ・ Less negative impact on environment ・ Reduce carbon footprint ・ Reduce the waste that accrue in traditional manufacturing |