Long Beach, CA – May 20, 2015 – Annie Wang and Zach Simkin, Senvol’s Co-Presidents, presented at the RAPID Conference yesterday. The RAPID Conference is the premier additive manufacturing conference in North America.
The presentation, titled “Selecting the Most Cost-Effective Location for Additive Manufacturing Production,” detailed how AM production facilities have different cost structures in different locations around the world, and how these differing cost structures can lead to a competitive advantage for AM production.
The results of a case study that Senvol conducted for the Government of Canada were shared. The case study analyzed and compared the AM production cost structures in five countries (United States, Canada, China, United Kingdom, and Mexico).
Numerous relevant cost variables (e.g. AM machine, consumables, labor, energy, real estate, post-processing) were examined. The analysis showed how each cost variable is location-dependent – for example, labor rates are lower in China than in the U.S. – and how each cost variable contributes to the total cost of the final AM part that is produced. A framework was presented that manufacturers and service bureaus can use to analyze the cost structure of an AM production facility and determine the most cost-effective location.
In addition to yesterday’s presentation, Senvol Co-President Annie Wang also gave a live demo of the Senvol Database at the America Makes Live Theater today. During the demo, Wang showcased how the database works by fielding live inquiries from audience members.
The RAPID Conference was held from Monday, May 18 through Thursday, May 21 at the Long Beach Convention & Entertainment Center in Long Beach, CA. For more information, please visit the RAPID website.
Below is a video recording of the presentation.
To book Senvol for a speaking engagement, contact us.
To view more Senvol news stories, click here.