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- Title
EMERGING TRENDS AND OPPORTUNITIES IN DIGITAL MANUFACTURING.
- Authors
Ashfaq, Muhammad
- Abstract
The main objective of this paper is to highlight new manufacturing technologies and their potential benefits for the manufacturing industry. The benefits of digital manufacturing (DM) are highly promising, such as decreased product development duration and production cost, due to the use of advanced manufacturing, additive manufacturing (AM), 3D printing and Cyber-Physical Systems (CPS) etc. This paper finds that manufacturing industry is being impacted by four factors: innovation through digital product design, digitizing the factory shop floor, globalizing through digital supply chain management and digital customization of marketing, sales and services.
- Subjects
THREE-dimensional printing; INDUSTRIAL costs; TECHNOLOGICAL innovations; EFFECT of technological innovations on labor supply; BUSINESS success
- Publication
Global Business & Economics Anthology, 2016, Vol 1, p21
- ISSN
1553-1392
- Publication type
Article