Feature

The Commonwealth Bank has recently launched its first Manufacturing Insights Report. The report speaks to hundreds of manufacturers of different sizes and types, in which they were asked about their financial performance during the pandemic, how well they adapted, and their approach to business in the year ahead.

Australian precision engineering and industrial instrumentation company CENMAC implemented ERP software when it was still a one-man operation. “I couldn’t imagine us growing to this size without MRPeasy,” says Jason Ford, Founder.

Overcoming today’s design and engineering challenges. The pace of change, competitive threats, and supply chain volatility present challenges now, more than ever before.

Labour costs have begun to rise making automation more attractive and threatening job security. Focus has also shifted from mass produced products to customised products particularly in the field of consumer products. Fortunately, 3D printing is able to mitigate these changes and allow manufacturing to shift from traditional to advanced production.

Across the ever-evolving landscape of technology and business, Hardware as a Service (HaaS) is proving to be a transformative concept. The world at large has become familiar and comfortable with software delivered as a service commodity via subscription model both for professional organisations and individuals.

Australia is facing a pressing challenge in its journey towards building a skilled and sustainable manufacturing workforce. With a growing shortage of vocational trainers, particularly Technical and Further Education (TAFE) teachers, the nation's ability to pass on essential vocational skills to the next generation is at risk. 

Manufacturing companies operating in the Murray Darling Basin are encouraged to apply for funding under the Off-farm Efficiency Program.

In recent years, the cycling industry has undergone an immense transformation, owing mostly to the adoption of cutting-edge technologies. One of these technologies, 3D printing, has played a significant role in allowing companies like MagCAD to revolutionise the sector through customised solutions and products.

The University of Sydney has announced the launch of its new Biomanufacturing Incubator, a cutting-edge initiative aimed at transforming the field of biomanufacturing by bridging the gap between biological research and industrial application. 

For manufacturers operating across Australia, labour shortages are an ongoing challenge, with many businesses now looking to innovate and deploy specialist technology to assist with the day-to-day running of their operation.