If the discussions and evidence from recent years are any indication, 3-D printing will be nothing less than revolutionary for global business in the years ahead. Market research shows that 3-D printing is heading towards mainstream adoption. And we’ve also seen strong evidence to suggest that this technology will be especially transformative for small businesses. The accessibility of quick, easy, and cost-effective ways to prototype and sell products on the fly means that small businesses will be among the biggest beneficiaries of the 3-D printing revolution. So the natural question then is what steps can be taken to ensure that your small business is 3-D printing savvy and prepared for the transformations that this technology will bring to the marketplace?
How to Build Your 3-D Printing Strategy Today?
One writer well sums up the game changing nature of 3-D printing as follows: “The big trend is that people and businesses are becoming empowered by new technologies for funding, design, modeling, manufacturing, and shipping goods on demand.” In order to compete within the new industrial revolution of 3D printing small businesses need to update, change, and modify their existing business models. Here are a number of strategic guidelines that thoughtful business leaders can adopt today in order to keep up with this rapidly changing ecosystem.
If anything has become clear throughout this discussion, 3-D printing is a disruptive technology that has huge implications for manufacturing and for the global economy. As 3-D printing continues to become more accessible and cost effective, smaller brick and mortar shops will rely less on the need to outsource their product development overseas and will be able to transfer those cost savings to investments in new services within the 3-D printing supply chain . In the preceding discussion we’ve outlined some strategies that small businesses should adopt right away in order to leverage the exciting new opportunities that are ahead in this fast moving market.
The last installment of this series will review what we’ve learned so far about 3-D printing and recap the main takeaways of what small businesses must do now to adapt to the momentous changes ahead.