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Running Head: THREE-DIMENSIONAL PRINTING 2

THREE-DIMENSIONAL PRINTING 2

Three-Dimensional Printing

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Question 1: 3D printing and its impact on business.

3D printing is the process of copying a digital file and then making a three-dimensional object that is solid from it (3dprinting.com, 2012). This process can also be defined as additive manufacturing. 3D printing is beneficial to business is various ways. For instance, 3D printing is used in serial production which is economical to businesses. It increases the data volume as well as processing, improve analytics, human factors and automation.

Question 2: CRM and how 3D printing could affect customer relations.

CRM is a technology that enables the management if a company’s relationship and relations with their customers (Salesforce.com, 2020). Its objective is simply to improve business relations by helping the company stay linked to customers and improve profits. 3D printing enables customers to print objects on their own, thereby reducing their dependency on manufactures. This will reduce the relations with companies and therefore affect the company’s customer relations (Steven V. B., 2016).

Question 3: An example of how 3D printing might affect the global economy.

Since 3D printing can be regarded as a component if a maker movement, it’s significant to communities, entrepreneurship and education. For example, the knowledge can be taught to the children in schools so that they get the concepts and skills. The skills will then foster the generation of novel products as well as companies which will create both professional and technical jobs thereby improving the economy (Gewirtz, D., 2019).

Question 4: How 3D printing is affecting supply chains.

3D printing is necessary for manufacturing that are short-run as well as jobs that are of small production. It usually permits the storage of spare parts in the cloud hence the physical inventory will not be needed until a demand arises. When the 3D materials all over the world are delivered in digital form, it will save on cost and time which will be efficient and reliable (Gewirtz, D., 2019).

References:

3dprinting.com. (2012, June 5). What is 3D printing? How does a 3D printer work? Learn 3D printing. 3D Printing. https://3dprinting.com/what-is-3d-printing/

Gewirtz, D. (2019, May 15). Everything you need to know about 3D printing and its impact on your business. ZDNet. https://www.zdnet.com/article/everything-you-need-to-know-about-3d-printing-and-its-impact-on-your-business/

Salesforce.com. (2020). What is CRM? https://www.salesforce.com/crm/what-is-crm/

Steven V. B. (2016, February 24). How 3D printing is changing the customer relation. https://www.stevenvanbelleghem.com/blog/how-3d-printing-is-changing-the-customer-relation/#