Loading…
Assessment of the Potential Economic Impact of the Use of AM Technologies in the Cost Levels of Manufacturing and Stocking of Spare Part Products
Additive manufacturing (AM) technologies are appropriate manufacturing technologies to produce low rotation products of high added value. Products in the spare parts business usually have discontinuous demand levels of reduced numbers of parts. Indeed, spare parts inventories handle myriad of produc...
Saved in:
Published in: | Materials 2018-08, Vol.11 (8), p.1429 |
---|---|
Main Authors: | , , , |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites Items that cite this one |
Online Access: | Get full text |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
cited_by | cdi_FETCH-LOGICAL-c420t-fdd10d0ae9d71f76726ce9452ce35f6396ebe18de3f36305d8153e4cb356e3e3 |
---|---|
cites | cdi_FETCH-LOGICAL-c420t-fdd10d0ae9d71f76726ce9452ce35f6396ebe18de3f36305d8153e4cb356e3e3 |
container_end_page | |
container_issue | 8 |
container_start_page | 1429 |
container_title | Materials |
container_volume | 11 |
creator | Minguella-Canela, Joaquim Morales Planas, Sergio Gomà Ayats, Joan Ramon de Los Santos López, M Antonia |
description | Additive manufacturing (AM) technologies are appropriate manufacturing technologies to produce low rotation products of high added value. Products in the spare parts business usually have discontinuous demand levels of reduced numbers of parts. Indeed, spare parts inventories handle myriad of products that require big immobilized investments while having an intrinsic risk of no-use (for example due to obsolescence or spoilage). Based on these issues, the present work analyses the fundamental cost factors in a real case study of a company dedicated to the supply of spare parts for fluid conduction systems. Real inventory data is assessed to determine the product taxonomy and its associated costs. A representative product of the stock is analyzed in detail on original manufacturing costs, in AM costs and then redesigned with topological optimization to reduce the AM cost levels (via design for additive manufacturing). A general equation for cost assessment is formulated. Given the specific data collected from the company, the parameters in this general equation are calculated. Finally, the general equation and the product cost reduction achieved are used to explore the potential economic impact of the use of AM technologies in the cost levels of manufacturing and stocking of spare part products. |
doi_str_mv | 10.3390/ma11081429 |
format | article |
fullrecord | <record><control><sourceid>proquest_pubme</sourceid><recordid>TN_cdi_pubmedcentral_primary_oai_pubmedcentral_nih_gov_6120002</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2089287462</sourcerecordid><originalsourceid>FETCH-LOGICAL-c420t-fdd10d0ae9d71f76726ce9452ce35f6396ebe18de3f36305d8153e4cb356e3e3</originalsourceid><addsrcrecordid>eNpVUV1rFDEUDaLYUvviD5A8irCaj5nM5EVYlqqFLRa6Pods5s5udCZZczMFf4b_2Ey7rjUQcg_3nHPvzSXkNWfvpdTsw2g5Zy2vhH5GzrnWasF1VT1_Ep-RS8TvrBwpeSv0S3ImWRFpVp2T30tEQBwhZBp7mvdAb2MuyNuBXrkY4ugdvR4P1p0I3xDmcHlDN-D2IQ5x5wGpDw_ZVcRM13APA86sGxumvoin5MOO2tDRuxzdjxmU7N3BplLRpkxvU-wml_EVedHbAeHy-F6QzaerzerLYv318_VquV64SrC86LuOs45Z0F3D-0Y1QjnQVS0cyLpXUivYAm87kL1UktVdy2sJldvKWoEEeUE-Ptoepu0InSsjJzuYQ_KjTb9MtN78nwl-b3bx3iguyleKYsAfDRxOziRwkJzND8ITmK9gjTBSqobPmrfHoin-nACzGT06GAYbIE5YuK0WbVOpmfruaJ8iYoL-1BpnZt68-bf5Qn7zdJgT9e-e5R_b1aqm</addsrcrecordid><sourcetype>Open Access Repository</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2089287462</pqid></control><display><type>article</type><title>Assessment of the Potential Economic Impact of the Use of AM Technologies in the Cost Levels of Manufacturing and Stocking of Spare Part Products</title><source>Publicly Available Content Database</source><source>PubMed Central</source><source>Free Full-Text Journals in Chemistry</source><creator>Minguella-Canela, Joaquim ; Morales Planas, Sergio ; Gomà Ayats, Joan Ramon ; de Los Santos López, M Antonia</creator><creatorcontrib>Minguella-Canela, Joaquim ; Morales Planas, Sergio ; Gomà Ayats, Joan Ramon ; de Los Santos López, M Antonia</creatorcontrib><description>Additive manufacturing (AM) technologies are appropriate manufacturing technologies to produce low rotation products of high added value. Products in the spare parts business usually have discontinuous demand levels of reduced numbers of parts. Indeed, spare parts inventories handle myriad of products that require big immobilized investments while having an intrinsic risk of no-use (for example due to obsolescence or spoilage). Based on these issues, the present work analyses the fundamental cost factors in a real case study of a company dedicated to the supply of spare parts for fluid conduction systems. Real inventory data is assessed to determine the product taxonomy and its associated costs. A representative product of the stock is analyzed in detail on original manufacturing costs, in AM costs and then redesigned with topological optimization to reduce the AM cost levels (via design for additive manufacturing). A general equation for cost assessment is formulated. Given the specific data collected from the company, the parameters in this general equation are calculated. Finally, the general equation and the product cost reduction achieved are used to explore the potential economic impact of the use of AM technologies in the cost levels of manufacturing and stocking of spare part products.</description><identifier>ISSN: 1996-1944</identifier><identifier>EISSN: 1996-1944</identifier><identifier>DOI: 10.3390/ma11081429</identifier><identifier>PMID: 30110904</identifier><language>eng</language><publisher>Switzerland: Multidisciplinary Digital Publishing Institute (MDPI)</publisher><subject>Additive manufacturing ; Anàlisi de processos de negoci i de fabricació ; Aspectes econòmics ; Cost ; Costos de producció ; Costs, Industrial ; Design ; Direcció d'operacions ; Economia i organització d'empreses ; Economia industrial ; Engineering economy ; Enginyeria de producció ; Enginyeria mecànica ; Fabricació ; Free-form filament fabrication (FFF) ; Manufacturing processes ; Production engineering ; Spare parts ; Stock ; Topological optimization ; Àrees temàtiques de la UPC</subject><ispartof>Materials, 2018-08, Vol.11 (8), p.1429</ispartof><rights>Attribution-NonCommercial-NoDerivs 3.0 Spain info:eu-repo/semantics/openAccess <a href="http://creativecommons.org/licenses/by-nc-nd/3.0/es/">http://creativecommons.org/licenses/by-nc-nd/3.0/es/</a></rights><rights>2018 by the authors. 2018</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c420t-fdd10d0ae9d71f76726ce9452ce35f6396ebe18de3f36305d8153e4cb356e3e3</citedby><cites>FETCH-LOGICAL-c420t-fdd10d0ae9d71f76726ce9452ce35f6396ebe18de3f36305d8153e4cb356e3e3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.ncbi.nlm.nih.gov/pmc/articles/PMC6120002/pdf/$$EPDF$$P50$$Gpubmedcentral$$Hfree_for_read</linktopdf><linktohtml>$$Uhttps://www.ncbi.nlm.nih.gov/pmc/articles/PMC6120002/$$EHTML$$P50$$Gpubmedcentral$$Hfree_for_read</linktohtml><link.rule.ids>230,314,727,780,784,885,27924,27925,37013,53791,53793</link.rule.ids><backlink>$$Uhttps://www.ncbi.nlm.nih.gov/pubmed/30110904$$D View this record in MEDLINE/PubMed$$Hfree_for_read</backlink></links><search><creatorcontrib>Minguella-Canela, Joaquim</creatorcontrib><creatorcontrib>Morales Planas, Sergio</creatorcontrib><creatorcontrib>Gomà Ayats, Joan Ramon</creatorcontrib><creatorcontrib>de Los Santos López, M Antonia</creatorcontrib><title>Assessment of the Potential Economic Impact of the Use of AM Technologies in the Cost Levels of Manufacturing and Stocking of Spare Part Products</title><title>Materials</title><addtitle>Materials (Basel)</addtitle><description>Additive manufacturing (AM) technologies are appropriate manufacturing technologies to produce low rotation products of high added value. Products in the spare parts business usually have discontinuous demand levels of reduced numbers of parts. Indeed, spare parts inventories handle myriad of products that require big immobilized investments while having an intrinsic risk of no-use (for example due to obsolescence or spoilage). Based on these issues, the present work analyses the fundamental cost factors in a real case study of a company dedicated to the supply of spare parts for fluid conduction systems. Real inventory data is assessed to determine the product taxonomy and its associated costs. A representative product of the stock is analyzed in detail on original manufacturing costs, in AM costs and then redesigned with topological optimization to reduce the AM cost levels (via design for additive manufacturing). A general equation for cost assessment is formulated. Given the specific data collected from the company, the parameters in this general equation are calculated. Finally, the general equation and the product cost reduction achieved are used to explore the potential economic impact of the use of AM technologies in the cost levels of manufacturing and stocking of spare part products.</description><subject>Additive manufacturing</subject><subject>Anàlisi de processos de negoci i de fabricació</subject><subject>Aspectes econòmics</subject><subject>Cost</subject><subject>Costos de producció</subject><subject>Costs, Industrial</subject><subject>Design</subject><subject>Direcció d'operacions</subject><subject>Economia i organització d'empreses</subject><subject>Economia industrial</subject><subject>Engineering economy</subject><subject>Enginyeria de producció</subject><subject>Enginyeria mecànica</subject><subject>Fabricació</subject><subject>Free-form filament fabrication (FFF)</subject><subject>Manufacturing processes</subject><subject>Production engineering</subject><subject>Spare parts</subject><subject>Stock</subject><subject>Topological optimization</subject><subject>Àrees temàtiques de la UPC</subject><issn>1996-1944</issn><issn>1996-1944</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2018</creationdate><recordtype>article</recordtype><recordid>eNpVUV1rFDEUDaLYUvviD5A8irCaj5nM5EVYlqqFLRa6Pods5s5udCZZczMFf4b_2Ey7rjUQcg_3nHPvzSXkNWfvpdTsw2g5Zy2vhH5GzrnWasF1VT1_Ep-RS8TvrBwpeSv0S3ImWRFpVp2T30tEQBwhZBp7mvdAb2MuyNuBXrkY4ugdvR4P1p0I3xDmcHlDN-D2IQ5x5wGpDw_ZVcRM13APA86sGxumvoin5MOO2tDRuxzdjxmU7N3BplLRpkxvU-wml_EVedHbAeHy-F6QzaerzerLYv318_VquV64SrC86LuOs45Z0F3D-0Y1QjnQVS0cyLpXUivYAm87kL1UktVdy2sJldvKWoEEeUE-Ptoepu0InSsjJzuYQ_KjTb9MtN78nwl-b3bx3iguyleKYsAfDRxOziRwkJzND8ITmK9gjTBSqobPmrfHoin-nACzGT06GAYbIE5YuK0WbVOpmfruaJ8iYoL-1BpnZt68-bf5Qn7zdJgT9e-e5R_b1aqm</recordid><startdate>20180814</startdate><enddate>20180814</enddate><creator>Minguella-Canela, Joaquim</creator><creator>Morales Planas, Sergio</creator><creator>Gomà Ayats, Joan Ramon</creator><creator>de Los Santos López, M Antonia</creator><general>Multidisciplinary Digital Publishing Institute (MDPI)</general><general>MDPI</general><scope>NPM</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7X8</scope><scope>XX2</scope><scope>5PM</scope></search><sort><creationdate>20180814</creationdate><title>Assessment of the Potential Economic Impact of the Use of AM Technologies in the Cost Levels of Manufacturing and Stocking of Spare Part Products</title><author>Minguella-Canela, Joaquim ; Morales Planas, Sergio ; Gomà Ayats, Joan Ramon ; de Los Santos López, M Antonia</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c420t-fdd10d0ae9d71f76726ce9452ce35f6396ebe18de3f36305d8153e4cb356e3e3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2018</creationdate><topic>Additive manufacturing</topic><topic>Anàlisi de processos de negoci i de fabricació</topic><topic>Aspectes econòmics</topic><topic>Cost</topic><topic>Costos de producció</topic><topic>Costs, Industrial</topic><topic>Design</topic><topic>Direcció d'operacions</topic><topic>Economia i organització d'empreses</topic><topic>Economia industrial</topic><topic>Engineering economy</topic><topic>Enginyeria de producció</topic><topic>Enginyeria mecànica</topic><topic>Fabricació</topic><topic>Free-form filament fabrication (FFF)</topic><topic>Manufacturing processes</topic><topic>Production engineering</topic><topic>Spare parts</topic><topic>Stock</topic><topic>Topological optimization</topic><topic>Àrees temàtiques de la UPC</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Minguella-Canela, Joaquim</creatorcontrib><creatorcontrib>Morales Planas, Sergio</creatorcontrib><creatorcontrib>Gomà Ayats, Joan Ramon</creatorcontrib><creatorcontrib>de Los Santos López, M Antonia</creatorcontrib><collection>PubMed</collection><collection>CrossRef</collection><collection>MEDLINE - Academic</collection><collection>Recercat</collection><collection>PubMed Central (Full Participant titles)</collection><jtitle>Materials</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Minguella-Canela, Joaquim</au><au>Morales Planas, Sergio</au><au>Gomà Ayats, Joan Ramon</au><au>de Los Santos López, M Antonia</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Assessment of the Potential Economic Impact of the Use of AM Technologies in the Cost Levels of Manufacturing and Stocking of Spare Part Products</atitle><jtitle>Materials</jtitle><addtitle>Materials (Basel)</addtitle><date>2018-08-14</date><risdate>2018</risdate><volume>11</volume><issue>8</issue><spage>1429</spage><pages>1429-</pages><issn>1996-1944</issn><eissn>1996-1944</eissn><abstract>Additive manufacturing (AM) technologies are appropriate manufacturing technologies to produce low rotation products of high added value. Products in the spare parts business usually have discontinuous demand levels of reduced numbers of parts. Indeed, spare parts inventories handle myriad of products that require big immobilized investments while having an intrinsic risk of no-use (for example due to obsolescence or spoilage). Based on these issues, the present work analyses the fundamental cost factors in a real case study of a company dedicated to the supply of spare parts for fluid conduction systems. Real inventory data is assessed to determine the product taxonomy and its associated costs. A representative product of the stock is analyzed in detail on original manufacturing costs, in AM costs and then redesigned with topological optimization to reduce the AM cost levels (via design for additive manufacturing). A general equation for cost assessment is formulated. Given the specific data collected from the company, the parameters in this general equation are calculated. Finally, the general equation and the product cost reduction achieved are used to explore the potential economic impact of the use of AM technologies in the cost levels of manufacturing and stocking of spare part products.</abstract><cop>Switzerland</cop><pub>Multidisciplinary Digital Publishing Institute (MDPI)</pub><pmid>30110904</pmid><doi>10.3390/ma11081429</doi><oa>free_for_read</oa></addata></record> |
fulltext | fulltext |
identifier | ISSN: 1996-1944 |
ispartof | Materials, 2018-08, Vol.11 (8), p.1429 |
issn | 1996-1944 1996-1944 |
language | eng |
recordid | cdi_pubmedcentral_primary_oai_pubmedcentral_nih_gov_6120002 |
source | Publicly Available Content Database; PubMed Central; Free Full-Text Journals in Chemistry |
subjects | Additive manufacturing Anàlisi de processos de negoci i de fabricació Aspectes econòmics Cost Costos de producció Costs, Industrial Design Direcció d'operacions Economia i organització d'empreses Economia industrial Engineering economy Enginyeria de producció Enginyeria mecànica Fabricació Free-form filament fabrication (FFF) Manufacturing processes Production engineering Spare parts Stock Topological optimization Àrees temàtiques de la UPC |
title | Assessment of the Potential Economic Impact of the Use of AM Technologies in the Cost Levels of Manufacturing and Stocking of Spare Part Products |
url | http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-24T13%3A27%3A42IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_pubme&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Assessment%20of%20the%20Potential%20Economic%20Impact%20of%20the%20Use%20of%20AM%20Technologies%20in%20the%20Cost%20Levels%20of%20Manufacturing%20and%20Stocking%20of%20Spare%20Part%20Products&rft.jtitle=Materials&rft.au=Minguella-Canela,%20Joaquim&rft.date=2018-08-14&rft.volume=11&rft.issue=8&rft.spage=1429&rft.pages=1429-&rft.issn=1996-1944&rft.eissn=1996-1944&rft_id=info:doi/10.3390/ma11081429&rft_dat=%3Cproquest_pubme%3E2089287462%3C/proquest_pubme%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-c420t-fdd10d0ae9d71f76726ce9452ce35f6396ebe18de3f36305d8153e4cb356e3e3%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_pqid=2089287462&rft_id=info:pmid/30110904&rfr_iscdi=true |