Würth Additive Digital Inventory Platform Went Live at AMUG

With the click of a button, Würth Additive Group, a company focused on digital supply chain solutions and part of the larger Würth Group—a global industry leader in fasteners; maintenance, repair and operations; and safety equipment—pressed “print” as they announced their new inventory management product, Digital Inventory Services (DIS), at the Additive Manufacturing Users Group (AMUG) Conference in mid-March.

At the outset of the AMUGconference, Würth Additive Group unveiled its first global, public-facing print on the newly developed Digital Inventory Services (DIS) platform. This service enables the secure transmission of intellectual property to different locations worldwide, ensuring quality assurance checks and controlled distribution, the company reports. OEM parts are now sent into the world securely, within a matter of minutes, according to Würth Additive Group.

Always in Stock

Under the new tagline “Always in Stock,” this product announcement underscores the Würth Group's  move towards digital inventory management systems. These systems are designed to integrate with Würth's vendor-managed inventory programs, systems and software sold worldwide.

Since its initial venture into additive solutions in 2017, Würth has incorporated rapid prototyping and production tools into its supply chain management services. With the announcement of the Digital Inventory Services by Würth Additive Group, this offers pilot program customers the chance to develop their full-scale digital inventory solutions. These solutions leverage Würth's expertise in vendor-managed inventory programs.

“Managing millions of different SKUs across four continents has equipped me with both the knowledge and firsthand challenges of inventory management,” says Larry Stevens, executive vice president of Würth Industry for Asia-Pacific, Africa, and the Americas. “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.”

“We're committed to delivering reliable and impactful digital supply chain solutions,” says AJ Strandquist, CEO of Würth Additive Group. “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.”

Würth's Commitment to Additive 

“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,” Strandquist remarks. 

“Equally, we are indebted to the additive manufacturing community for their invaluable support and continuous feedback throughout our Digital Inventory Services (DIS) development,” adds Strandquist. “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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Sources: Press materials received from the company and additional information gleaned from the company’s website.