saniatariq119

@saniatariq119 · 15 Mar 2022

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On-demand manufacturing

The millenarian generation has got used to living in an on-demand world. Peoples hire cabs on demand, buy foods on demand and even take exams on demand. It was only sure to happen before the manufacturing industry jumped to the on-demand movement as well. There are significant benefits to on-demand manufacturing for smaller exporters.
What is on-demand manufacturing?
Also called cloud manufacturing, manufacturing on-demand or custom manufacturing, on-demand manufacturing is a process in which products are just manufactured when needed and in quantities required. In contrast, traditional manufacturing produces products in large quantities and stored in facilities until they are sold, dealt out, and delivered.
Advantages of On-Demand Manufacturing
From the difference presented above, the advantages of the on-demand manufacturing model become visible. These advantages benefit numerous parties, including end-users, customers, manufacturers, and more. Here are some advantages of on-demand manufacturing.
1.    Instant Quotes
On-demand manufacturers have systems to manage the quoting process. They will be able to supply quotes in a punctual based on a review of your design documents and bill of materials.
2.    Short lead time
With additive manufacturing technologies and several machines, on-demand manufacturers can provide unexpected short lead times. This is strengthened by the trend towards finding in on-demand manufacturing. On-demand manufacturing can also be the best solution to speed up product development.
3.    status tracking and reporting
You don’t likely do business with an airline or a bank that didn’t have an online portal to supervise your project. Select with an outlet for easy tasks and inventory management.
4.    Rapid prototyping
Prototypes caused by a traditional manufacturer can cost much money, and some may not provide samples because their facilities are created for mass production. Accompanying with an on-demand manufacturer makes prototyping flexible and easy, so companies can repeat designs faster before moving into production.
5.    Reduce supply chain overhead
The unreliability of the last year had an enormous adverse effect on supply chains around the globe. But on-demand manufacturing offers businesses access to a good network of suppliers. So they can shift production as want to different parts of the world. There's also no need for companies to build new supply chains for every new product, which is low-priced.
6.    Reasonable prices
Your quantity may not be very high-rise, but that doesn’t mean your price should be. On-demand manufacturing permits vendors to leverage technology to unite small orders into larger ones efficiently. This helps keep costs down for everybody.
Disadvantages of on-demand manufacturing
While on-demand manufacturing brings improvements to the manufacturing process and affords many benefits to the buyer, there are some disadvantages to consider:
1.    High production volume
One benefit of on-demand manufacturing is that companies don't need to transfer a large quantity of stock because they can boost production when demand changes. But, if a company must build large amounts of products at a continually high volume, they may find that on-demand manufacturers cannot meet production demands. A business is well off investing in a traditional manufacturing model in such situations.
2.    Controlling the supply chain
In exchange for rapid about-turn and efficiency, engineers and buyers using on-demand manufacturing give up control above the supply chain since the platform control the suppliers and manages the selection used in production. That makes it difficult for the business to find and deal with production issues. Still, it implements robust quality control processes throughout the production cycle to secure they end up with a quality product.
3.    Service availability
Depending on the manufacturing stage involved, there can be differences in the depth and range of services available from on-demand platforms, so it is essential to choose one that can provide the needed capabilities.