On-demand manufacturing refers to the production of goods based on immediate customer demand rather than relying on large-scale production runs and inventory storage. This approach leverages technologies like 3D printing to create items as needed, which minimizes waste and reduces costs associated with excess inventory. By allowing for customized products and faster response times, it significantly reshapes traditional manufacturing paradigms and supply chains.
congrats on reading the definition of on-demand manufacturing. now let's actually learn it.