Immensa Technology Labs provides ‘Inventory Digitisation’ solution for CCC

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16 May 2018

Immensa Technology Labs (Immensa), the UAE’s leading Additive Manufacturing (AM or 3D printing) company, is providing its game-changing ‘Inventory Digitisation’ solution to one of the world’s largest construction companies —the Consolidated Contracting Company (CCC). With Immensa’s solution, CCC is exploring ways to create a digital inventory of its spare parts and components, meaning the company will ultimately minimize import and stock physical parts but can instead produce some on demand from a ‘Virtual Warehouse’.

Eng. Aref Boualwan said “if we can get to a point over the next few years whereby a small percentage of our inventory can be digitized the impact will be significant.” Eng Boualwan, who is overseeing some of CCC’s President Initiatives within disruptive technology implementation, added “what encouraged us to embrace inventory digitization is simplifying the supply chain and the ability to reproduce items in remote areas when and where it is most needed. Also, Immensa’s solution has significant environmental benefits as it ultimately reduce the need to transport products across the world. Ultimately, this contributes to reducing the industry’s carbon footprint and cuts waste by producing only the exact number of parts that are needed in close proximity to where they will be used.”

Fahmi Al-Shawwa, CEO of Immensa Technology Labs, commented: “We are delighted to be working with CCC, one of the most respected names in the construction world, to revolutionise the way the industry operates. Today, it is estimated that the world sits on inventories worth more than USD $10 trillion at any single point, but if only 5% of that inventory was converted to digital format, USD $500 billion worth of products would immediately have a much shorter supply chain that reduces transport, logistics, inventory, and storage costs. At Immensa, we believe that supply chains and logistics can be handled virtually, and that 3D printing technology will transform the traditional supply chain as well as the logistics and warehousing industries. We are pleased to be demonstrating the potential of this approach and explore its potential with CCC.”

Through Immensa’s ‘Inventory Digitisation’ solution, parts and components that were traditionally stored in numerous physical warehouses will be converted into a digital format and stored in ‘Virtual Warehouses’. Parts will only be produced when required using 3D printing and other propriety processes that reduce the need for companies to carry inventories.

Immensa Technology Labs is at the forefront of applying additive manufacturing services on a mechanical and industrial level in the region and one of a few companies globally that is offering full ‘Inventory Digitisation’ and ‘Virtual Warehousing’ services to companies. The company was established in 2016 to provide comprehensive solutions whereby AM can add real value.