Würth launches Digital Inventory Services Platform
March 20, 2024
Würth Additive Group, a division of Würth Industry North America headquartered in Greenwood, Indiana, has announced its new inventory management product – Digital Inventory Services (DIS) – at the Additive Manufacturer User Group (AMUG) Conference.
The DIS platform looks to enable the secure transmission of intellectual property to different locations worldwide, ensuring quality assurance checks and controlled distribution. OEM parts are now sent into the world securely and profitably, all within a matter of minutes.
Always in Stock
The new tagline ‘Always in Stock,’ is said to underscore the Würth Group’s strategic move towards comprehensive digital inventory management systems. These systems are designed to integrate seamlessly with Würth’s vendor-managed inventory programs, systems, and software sold worldwide.
Since its initial venture into Additive Manufacturing in 2017, Würth has incorporated rapid prototyping and production tools into its supply chain management services. The announcement of the Digital Inventory Services by Würth Additive Group offers pilot programme customers – those with substantial investments in AM technology – the chance to develop its full-scale digital inventory solutions.
Larry Stevens, Executive Vice President of Würth Industry for Asia-Pacific, Africa, and the Americas, stated, “Managing millions of different SKUs across four continents has equipped me with both the knowledge and firsthand challenges of inventory management. Our experience has demonstrated how digital inventory, complemented by our world-class Vendor Managed Inventory (VMI) programs, significantly aids our clients directly on the factory floor. With the launch of Digital Inventory Services, the Würth Group reaffirms its commitment to providing top-tier physical and digital inventory solutions on a worldwide scale. I extend my congratulations to the Würth Additive Group for their innovative endeavours, which enhance our ability to support our customers globally.”
AJ Strandquist, CEO of Würth Additive Group, stated, “We’re committed to delivering reliable and impactful digital supply chain solutions. With a straightforward implementation process, cost-effective options, and comprehensive support, our mission is to empower businesses in the industrial sector to leverage digital inventory effectively. Most importantly, our goal is to make global supply chain just a little easier to manage.”
Strandquist added, “We deeply appreciate the Würth Group’s significant investment in advancing our next generation of inventory management tools for our customers and their ongoing support in highlighting developments within the Additive Manufacturing industry. Equally, we are indebted to the Additive Manufacturing community for their invaluable support and continuous feedback throughout our Digital Inventory Services (DIS) development. Our decision to announce the DIS at AMUG stems from our desire to introduce a solution that not only serves this community’s immediate needs but also fosters the expansion of industry applications, encourages the growth of future users, and creates new revenue opportunities for Additive Manufacturing intellectual property. We eagerly anticipate engaging further with the community throughout AMUG.”
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