Costs and benefits in AM

LUT University

INTRODUCTION

The applications for AM and its benefits in product development when used together with other technologies within process chain.

DESCRIPTION

The course presents a wide variety of applications for additive manufacturing and discusses how its use can shorten product development time and cost, when used together with other technologies within the process chain. The opportunities for improved profitability and value creation are discussed.

WHO IS THIS COURSE FOR?

This course is for decision makers, designers, engineers, educators and business professionals who wish to expand their knowledge about applicability of additive manufacturing. Organizations and owners of metal 3D printers will learn about business implications and what can AM do for them.

NUMBER OF WEEKS / HOURS PER WEEK

  • ­4 weeks, approximately 1 hour per week

STARTING DATE

EDUCATORS

  • Heidi Piili, piili@lut.fi
  • Anna Unt, anna.unt@lut.fi

WHAT are the learning outcomes for this course?

After completing this course, the learners will be able to:

  • Assess the economic implications of 3D printing
  • Consider possibilities of AM and its impact on start-ups
  • Describe how cost structure and supply chain in AM differ from those of conventional production
  • Explain different ways to gain competitive advantage with AM

WHAT subjects are covered on the course?

  • Metal additive manufacturing methods and associated expenses
  • Feasibility of owning a metal AM printer in production vs. subcontracting
  • Direct and indirect costs of AM
  • Economical feasibility of AM and opportunities digitalization of manufacturing creates.

WHY should learners join this course?

The increase of interest in AM is driven by speedy development of the technologies involved and due to digitalization. When additive manufacturing is used in sync with other technologies within the process chain, time and cost of product development can be significantly shortened. In contrast to other methods, complexity of the part is not the main expense defining factor in AM, because material is added primarily only to where it is needed. AM parts are lighter by default, can be tailored for extraordinary performance and aesthetic appeal, manufactured locally and on demand. But there is more – companies using AM are also benefitting from savings in storage space and added value coming from fast delivery times of their products. This course explains the cost structure of AM and describes the competitive advantages AM can provide.

PLATFORM

FutureLearn is a leading social learning platform jointly owned by The Open University and The SEEK Group.
https://www.futurelearn.com/

FEEDBACK

  • 4.5 stars4.5 stars (max. five stars)
  • Did you gain new knowledge or skills by taking the course? Yes 91.7 %