Autentica Car Parts, a start-up based in Cytech Daresbury, UK, is expected to leverage blockchain and NFT markets to introduce an innovative digital platform specifically designed for 3D printable auto parts. ing. According to reports, the platform is poised to reduce non-production costs by an astounding 70% and transportation-related emissions by 40% by enabling equipment manufacturers to commercialize their part designs. The part design will be made available to authorized dealers, distributors, and repair centers.
Financial support for this work has been secured from Innovate UK, the UK’s national innovation agency. This support has facilitated successful trials of the platform with 500 diverse customer groups across OEMs and automotive dealerships, and incorporates an extensive international network of 600 service providers specializing in 3D printing.
A collaboration between the University of Sheffield Advanced Manufacturing Research Center (AMRC) and cloud technology giant Oracle has contributed to the development of the platform. Their involvement gives users instant access to spare parts for their cars, significantly exceeding the industry’s typical 28-day waiting period.
“The global automotive spare parts supply chain aftermarket faces several persistent challenges, such as spare parts warehousing costs; high logistics costs due to long production and shipping times; “There is less resilience to risks from cross-border shipping, which can have a significant impact on delivery times,” Autentica Car Parts CEO Irma Gilbert said of the company’s anticipated launch. I spoke beforehand. “Digital technology is a catalyst for fundamental transformation of global supply chains, especially by harnessing the power of automation, analytics and intelligence to improve efficiency, visibility, sustainability and resilience.”
“Over the past two years, with the support of Innovate UK and partners such as AMRC and Oracle, we have developed a web platform that combines three key digital technologies (additive manufacturing, distributed ledger and artificial intelligence) and “We have helped revolutionize the market and the automotive industry. The spare parts supply chain,” Irma continued. “We are delighted to be able to launch our business model in the UK and then take it to international markets, making a difference to the economy and the environment.”