iRobot, RayVio and Superfeet Benefit from Digital Transformation
with Rapid Prototyping, 3D Printing, and Managed Procurement and Supply
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--
Jabil Circuit, Inc. (NYSE:JBL) is enhancing the value of its end-to-end
manufacturing solutions through the introduction of new Innovation
Acceleration Services that compress the entire product lifecycle — from
gathering user insights and needs to shortening the path to
commercialization. These services enable customers to respond faster to
changing product and market demands while reducing risks and costs
associated with design, supply chain, manufacturing and compliance
"Innovating at the speed of digital requires continual application of
new technologies, automation, analytics and manufacturing know-how,"
says Bill Muir, chief operating officer at Jabil. "We're developing a
complete ecosystem of digital connections to create new business
opportunities, improve experiences and deliver added value, from start
To help customers compete more effectively in the digital economy, Jabil
Digital Prototype Lab (DPL) and associated services to deliver
Managed Supply Chain Services to improve supply chain visibility and
Managed Procurement Services to boost purchasing efficiencies and
drive cost savings;
3D printing and additive manufacturing services to accelerate new
product introductions for large-scale production.
Driving the digital journey
DPL is a full-service, rapid prototyping facility led by Radius, an
innovation and development consulting firm acquired by Jabil in 2012.
The DPL adds competitive value to customers with complete user insight,
design, build, analysis and testing services offered under one roof. A
cross-functional team drives unmatched concept and UX/UI development,
speed-to-innovation, digital service delivery design and go-to-market
capabilities. The DPL is fitted with state-of-the-art equipment,
including 3D printing; CT scanning; 5-axis CNC machining; finish, paint
and assembly; and clean room and testing facilities. Integrated Radius
strategy, research, design, engineering and implementation services
rapidly iterate, build and test innovative customer ideas, enabling
proof-of-concept models to be produced in as little as five weeks when
it typically requires 12 to 26 weeks.
Increasing supply chain/procurement visibility and value
Powered by Jabil's InControl™ Intelligent Digital Supply Chain and
Procurement Intelligence Platform, new
managed services take advantage of Jabil's industry and domain
expertise, orchestrating over 700,000 parts across a global network of
more than 17,000 suppliers sourced from more than 30 countries. With
Jabil's Procurement Services, organizations gain access to proven
purchasing strategies, advanced sourcing capabilities, as well as
execution and purchasing support to achieve Total Cost of Ownership
(TCO) leadership. The services are amplified by Jabil's global spend of
more than $15 billion annually across a diverse set of products and
applications in the industrial, energy, automotive, communication,
consumer and healthcare industries.
In addition, the new Supply Chain Services enable customers to reduce
supply chain risk and increase visibility while improving supply chain
speed and agility. To optimize supply chain networks, Jabil assimilates
structured and unstructured data to allow user-defined scenario planning
and network optimization modeling. This provides insights and expedited
responses to changes in demand patterns, supply sources, tax laws,
currencies, etc. Additionally, Jabil's Managed Compliance and Conflict
Minerals Service addresses regulations concerning conflict minerals with
seamless access to supplier data, declarations and compliance reporting.
Changing the way products are made
Jabil is also paving a path to the future by defining best practices and
consulting services to accelerate additive manufacturing for large-scale
production. With 3D
printing and additive manufacturing solutions, Jabil applies
extensive experience with the latest 3D printing technologies, backed by
a half-century of manufacturing expertise, to change how products are
made. Capabilities include materials development and qualification,
process development and validation as well as supply chain integration.
By using 3D printing instead of traditional manufacturing methods,
companies can expedite time-to-market by up to seven weeks. Moreover,
customers have realized cost savings of more than 50 percent.
"We are excited to unveil these value-added digital services to help
both new and existing customers complete their innovation cycles in a
fraction of the time," says Muir. "Jabil is uniquely positioned to drive
digital transformations, creating new avenues of business growth and
enhanced revenue streams." Muir formally introduced the new services at
Jabil's Analyst & Investor Meeting in St. Petersburg.
Eric Hayes, VP of Marketing and Product, Superfeet
"Jabil's DPL, Radius team and 3D printing changed the R&D landscape at
Superfeet by enabling us to customize in ways we've never done before.
It took us two years using traditional R&D to create a custom insole
that could be produced in 15 minutes. Jabil, in just four months, proved
how we could use 3D printing to produce custom insoles more efficiently,
and with an extremely high degree of replication — at a fraction of the
development cost of other methods."
Dr. Yitao Liao, Chief Innovation Officer, RayVio
"Radius helped us bring our technology vision to life — in six weeks —
by delivering a tangible product to show our growing partner ecosystem.
Using advanced technologies, Radius powered through 200 product
iterations to produce prototypes in half the time it normally takes.
Jabil's ability to offer all these integrated capabilities under one
roof can greatly reduce time-to-market and the costs associated with
introducing any new technology."
Oscar Zamorano, SVP Operations & Supply Chain, iRobot Corporation
"With Jabil's InControl intelligent digital supply chain, we now have
real-time access to vital data for more than 700 suppliers. Jabil gives
us the intelligence we need to lower compliance risk, and the special
expertise to reinforce our role as good corporate citizens."
Simon Ellis, Program Vice President, Supply Chain Strategies, IDC
"Speed to market is critically important as long as companies can fuel
innovation without compromising quality and accuracy. Jabil's new
managed supply chain and procurement services add a layer of digital
intelligence that can increase efficiency, expedite cycle times and
reduce costs across complex global supply chains."
Jabil is a product solutions company providing comprehensive electronics
design, production and product management services to global electronics
and technology companies. Offering complete product supply chain
management from facilities in 28 countries, Jabil provides
comprehensive, individualized-focused solutions to customers in a broad
range of industries. Jabil common stock is traded on the New York
Stock Exchange under the symbol, "JBL." Further information is available
on Jabil's website: jabil.com.
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HetzelMeade Communications, Inc.
Sue Hetzel, 760-473-4729
Source: Jabil Circuit, Inc.
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