Businesses choose their production style based on product volume and variety. There are four main categories.
Companies maintain buffer stocks of raw materials and finished goods to withstand sudden demand spikes or supply chain interruptions, trading higher storage costs for operational resilience. Sustainable Production and the Circular Economy production
Allowing for "on-demand" production of complex parts, reducing the need for massive warehouses. Businesses choose their production style based on product
Before the Industrial Revolution, production was decentralized. A blacksmith, a weaver, or a carpenter controlled the entire process from start to finish. Every horseshoe was slightly different. Production volume was limited by the human lifespan. production was decentralized. A blacksmith
Enabling on-demand production and reducing waste by adding material layer-by-layer, rather than cutting it away. Conclusion