Impact of Additive Manufacturing on the Strategic Alignment of Business Processes in the Logistics Industry in Europe
Nadia Dalaqmeh and
Wolfram Irsa
A chapter in Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Hybrid Conference, Opatija, Croatia, 17-18 June 2022, 2022, pp 188-199 from IRENET - Society for Advancing Innovation and Research in Economy, Zagreb
Abstract:
The logistics industry in Europe is under constant scrutiny due to the impact of digitalizing business processes and the globalization of competing markets, especially China and the USA. Therefore, the constant optimization of corporate legacy processes and, subsequently, the reduction of logistics costs play a crucial role. The constant development of innovative solutions keeps the technological edge to stay ahead of the global competition. 3D printing technology, or additive manufacturing, represents a possibility for creating innovative complex geometries, which cannot be realized with conventional subtractive manufacturing processes. Furthermore, additive manufacturing contributes to process optimization and lower logistics costs. With the appropriate strategy, the application of additive manufacturing increases customer satisfaction with new opportunities for expansion into leading business areas with higher margins. The research of the paper examines expert statements in two balanced scorecard strategies, which include (1) corresponding key performance indicators for measurement of target achievement, (2) measurement of the realization of the defined targets, and (3) possible customer applications for 3D printing technologies. These suggestions serve as a point of reference for various organizations in the logistics industry. In addition, additive manufacturing coincides with the advances in Industry 4.0 to achieve optimal results. As the industry continues to develop further, the European logistics industry has all prerequisites to prevail in a competitive global market.
Keywords: Additive Manufacturing; Digitalization; Technological Change (search for similar items in EconPapers)
JEL-codes: L11 O14 O33 (search for similar items in EconPapers)
Date: 2022
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
https://www.econstor.eu/bitstream/10419/268326/1/18-ENT-2022.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:zbw:entr22:268326
DOI: 10.54820/entrenova-2022-0018
Access Statistics for this chapter
More chapters in Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2022), Hybrid Conference, Opatija, Croatia from IRENET - Society for Advancing Innovation and Research in Economy, Zagreb
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().