The impact of technology on production

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8 Terms

1

During production, businesses are always attempting to balance the cost with

  • Improvements to productivity

  • Improvements in quality

  • The ability to gain more flexibiity in production

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2

Flexibility in production

How easy it is to install machinery and switch to different machinery which is required to manufacture different products (known as retooling)

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3

New technology is…

revolutionising flexibility in production

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4

Increased use of 3D printers

  • The digital design is uploaded and the printer produces the product with minimal labour costs

  • Digital printers have been used to print car engines, houses, food and more

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5

Cost

  • Traditional manufacturing processes require expensive tooling and machinery, which can be a significant upfront cost for small businesses 

  • With 3D printing, the cost of manufacturing is reduced as there is no need for expensive tooling

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6

Productivity

  • With traditional manufacturing, there are often long lead times for tooling and set-up, which can delay the production process 

  • With 3D printing, products can be produced quickly and easily, with minimal lead times 

  • This allows businesses to bring new products to market faster and respond more quickly to changing customer preferences

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7

Quality

  • Traditional manufacturing may find it difficult to produce complex or intricate designs resulting in variable quality 

  • 3D printing allows for precise and accurate production of complex shapes and designs, resulting in higher quality products

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8

Flexibility

  • With 3D printing products can easily be customised to meet the specific needs of customers 

  • 3D printing allows for small production runs which reduces the costs of a specific job production

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