Velo3D, a leading company in metal additive manufacturing technology for critical parts, announced that James Shih has joined the company as Vice President of Supply Chain Management. The new role will focus on building strong supply chains for Velo3D’s Sapphire systems, including mechanical parts and electronics, as well as materials used in the printing process, to help ensure that the company can meet the growing demand for its end-to-end metal additive. manufacturing solutions.
“Companies continue to rethink how they configure their supply chain ecosystems to ensure they have contingency plans in place to secure needed materials through multiple trusted suppliers,” said Benny Buller, CEO and founder of Velo3D. “We are fortunate to have James join us with 20 years of experience in the electronics, technology and energy industries, as well as a history of working with suppliers around the world. By having it lead our supply chain efforts, we can prepare for growth by building healthy and sustainable supply chains.
In his new role, Shih will focus on leading, planning and championing all aspects of Velo3D’s supply chain, including strategies, goals, policies and other initiatives. He will be responsible for ensuring healthy inventory across the company’s multiple manufacturing sites and distribution centers. Shih will also work with customers to understand their needs, resolve issues, and support Velo3D’s broader customer satisfaction effort.
“Companies that double or triple their growth in a single calendar year face a unique set of supply chain challenges that require incremental and strategic solutions,” Shih said. “We estimate that the current addressable market for additive manufacturing is over $2 billion and will grow as machine and production costs come down due to economies of scale. For Velo3D to have a significant impact on the market and to achieve its growth objectives, we will need strong supply chain partners and I look forward to meeting these challenges.
Shih’s expertise includes strategic sourcing, price/cost analysis, lean manufacturing quantification and contract review. He has worked with many successful companies to help them avoid disruptions within their supply chain ecosystems and capture market share. Shih has also worked in large-scale manufacturing environments to maximize throughput and reduce costs.
Prior to joining Velo3D, Shih was Director of Supply Chain Management at Bloom Energy, a company focused on producing clean, reliable and affordable energy. He has also worked in production facilities at Logitech and Foxconn in supply chain, program management and business development roles. Shih holds a Bachelor of Commerce degree from the University of Queensland, Australia.