HP Innovation Journal Issue 11: Winter 2018 | Page 52

REINVENTING TRADITIONAL SUPPLY CHAINS 3D printing also helps companies become more sustainable by enabling them to localize and simplify their supply chains. This capability provides them with the opportunity to expand the circular economy by reducing waste and avoiding the impacts associated with physically inventorying and transporting raw materials and finished goods. For example, since companies can transmit digital files for production locally rather than shipping physical parts and products, 3D printing can lower the emissions related to distribution. In fact, according to a study published in the journal, Energy Policy, by shifting to more localized supply chains, 3D printing could reduce as much as 525.5 million metric tons of CO 2 e emissions by 2025, the equivalent of taking more than 110 million passenger vehicles off the road for a year. Localized manufacturing also helps companies significantly reduce lead times, enabling them to move closer to on-demand production. This ability to better match supply with demand will help eliminate the overprovisioning of raw materials and reduce the waste created through overproduction. These benefits are particularly important when you consider the stresses that traditional manufacturing places on our limited natural resources. “...3D printing will enable companies to lower costs by creating virtual inventories rather than physical storage...” In addition, 3D printing will enable companies to lower costs by creating virtual inventories rather than physical storage areas where parts and products are housed for later use. Digitization will also enable these same companies to produce cost-effective short runs of one-of-a-kind parts that can be delivered “just in time.” And additive manufacturing will enable companies to produce spare parts as needed to repair products—many of which could have been manufactured years ago and are no longer available— thereby keeping these products in use longer and supporting a more circular economy. TRANSFORMING ECONOMIES AND SOCIETIES By reinventing design, production, and distribution processes, additive manufacturing is expected to reduce market entry barriers, expand opportunities for emerging 50 HP Innovation Journal Issue 11 economies and small businesses, and accelerate adoption for new commercial users in industries such as education and healthcare. One of the more exciting applications of 3D printing is in the customization of products to meet specific customer needs or to address social and human ills. An example of this type of customization is the creation of customer orthotics. While precise diagnostic customization is crucial to correctly fitting orthotics, manual, subjective, error-prone manufacturing has dominated the industry since the 1950s. In September 2018, HP announced a strategic alliance with Go 4-D, a company working to modernize the process used to create affordable custom orthotics. Through the alliance, Go 4-D will distribute FitStation powered by HP throughout the North American medical market. HP’s FitStation platform combines 3D foot scanning with dynamic gait analysis and pressure data to create a custom orthotics prescription based on each person’s unique biomechanics. Based on the individual specifications,