Tag: manufacturing-cost
Australian manufacturers to face enduring cost crisis in 2023
The Australian manufacturing sector is set to see a downward trend in the upcoming months as high inflation, spiralling energy costs, and ongoing labour shortage drag the industry's economic outlook, according to the latest ACCI-Westpac Survey of Industrial Trends.
Australia has the highest manufacturing-cost structure among largest goods-exporting countries: study
A new study of the world's 25 largest goods-exporting nations has found that Australia's manufacturing-cost structure is around 30 per cent higher than the...
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Why manufacturers are embracing AI-powered smart supply chains
Manufacturers are facing an increasingly volatile environment, where rapid changes in demand, supply chain disruptions, and continued cost pressures are transforming the way products are planned, made, and delivered.
