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