Industries : Manufacturing
Profile : Incorporated in 1993, STPL is engaged in developing cutting edged technological solutions for the diamond industry.STPL is one of the very few global companies that offer total technology solutions for diamond manufacturing, including diamond analysis and planning, processing, blocking and polishing as well as safe diamond trading.
Challenge : They make 1000+ plus Laser and planner Machine per year based on market requirement. They need many parts that act as encloser to their electronics parts. They wanted fast, accurate and cost effective solution with agile customer demands.
Solution : By using 3D Printing services, they have speed up their R&D process by 5 times faster. They are getting cost effective part with customised need and in small batch production.
1. 500% speed up in R&D projects.
2. 245% cost reduction, leading to 2,00,00,000 Rs in cost savings a Year.
3. They were able to meet the customised hardware need.