James Shih joins Velo3D as vice chairman of provide chain administration »

Velo3D, a number one steel additive manufacturing expertise firm for mission-critical components, has made recognized that James Shih joined the corporate as Vice President of Provide Chain Administration. The brand new function will concentrate on constructing sturdy provide chains for Velo3D’s Sapphire Programs, together with mechanical components and electronics—in addition to supplies used within the printing course of—to assist guarantee the corporate can meet the rising demand for its end-to-end steel additive manufacturing options.

“Firms are persevering with to rethink how they arrange their provide chain ecosystems to make sure they’ve contingency plans to safe crucial supplies by means of a number of trusted suppliers,” mentioned Benny Buller, Velo3D CEO and Founder. “We’re lucky to have James be a part of us with 20 years of expertise within the electronics, expertise, and power sectors, in addition to a historical past of working with suppliers world wide. By bringing him on to steer our provide chain efforts, we are able to poise ourselves for development by constructing wholesome, sustainable provide chains.”

In his new function, Shih will concentrate on directing, planning, and advocating all elements of Velo3D’s provide chain, together with methods, aims, insurance policies, and different initiatives. He will likely be accountable for making certain wholesome inventories throughout the corporate’s a number of manufacturing areas and distribution facilities. Shih may also work with clients to know their wants, resolve issues, and help Velo3D’s broader buyer satisfaction effort.

“Firms which might be doubling or tripling their development in a single calendar 12 months encounter a novel set of provide chain challenges that require progressive, strategic options,” mentioned Shih. “We estimate the present addressable marketplace for additive manufacturing is greater than $2 billion and that may broaden as machine and manufacturing prices lower because of economies of scale. For Velo3D to make a major affect available in the market, and to fulfill its development targets, we are going to want sturdy provide chain companions and I stay up for addressing these challenges.”

Shih’s experience consists of strategic sourcing, worth/value evaluation, quantifying value-added manufacturing, and contract evaluate. He has labored with many profitable firms to assist them keep away from disruptions inside their provide chain ecosystems and seize market share. Shih has additionally labored in large-scale manufacturing environments to maximise throughput and decrease prices.

Previous to becoming a member of Velo3D, Shih was a director of provide chain administration at Bloom Power, an organization centered on making clear, dependable, and reasonably priced power. He additionally labored at Logitech’s and Foxconn’s manufacturing amenities in supply-chain, program administration, and enterprise development-related roles. Shih has a bachelor’s diploma in enterprise from The College of Queensland, Australia.