Tag: stock
Australian wine industry faces high stock levels amid steady sales, production cut
Despite a challenging year marked by the lowest wine production in 15 years, the Australian wine industry continues to face pressure from historically high national wine inventory levels, as revealed in Wine Australia's Wine Production, Sales, and Inventory Report 2023.
How inventory management helps fabricated metals manufacturers stay ahead of the competition during a...
The Australian fabricated metal manufacturing industry has experienced subdued revenue growth over the past five years, despite a contraction of product sales to key building markets following the pandemic, according to this July 2022 report from IBIS World.
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Reality check: Aussie factories’ journey to responsible AI implementation
Artificial intelligence has become more than just a buzzword as it promises to revolutionise every other industry in the world, including manufacturing. In Australia, in particular, the hype surrounding AI and automation has reached a fever pitch, with many business leaders leveraging their resources to race towards adoption and implementation.
