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3D Printing Could Help Spare Parts Suppliers Avert Disaster

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It’s been all over the news for months. Even President Obama mentioned it in his February, 2013, State of the Union Address: 3D printing.

The new and increasingly popular technology could pose a huge opportunity for manufacturers, especially those in need of spare parts in short order. Duncan Stewart, Director of Research TMT, Deloitte, says that 3D printing might be a way that manufacturers can avert disaster when a critical part within their machinery breaks and needs immediate replacement. While 3D printing of spare parts may take several hours, it could pose an attractive alternative to the normal several days that manufacturers may wait to get a part in from another factory in another part of the world.

“That interruption in production could be worth millions of dollars, in some cases,” said Stewart.

Listen to this podcast interview with Mr. Stewart to learn more about 3D printing as it relates to the aftermarket supply chain. Stewart will be speaking about this at this year's Interlog conference, June 18th to 20th. He predicts that within a few years, major manufacturers will be adapting this technology in many cases, though it will likely not ever fully replace the spare parts industry.