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Uncertain global environments around trade and other geo-political events have made agile supplychains the difference between a firm’s success, survival, or failure. This is because of poor visibility, high data latency, and the unstructured nature of data present in many of today’s distributed supplychain networks.
Persistent transport, material, and labour shortages, combined with rising inflation and cost pressures, have underscored vulnerabilities in global supplychains. Procurement and supplychain specialist Industry Capability Network (ICN) emphasises the importance of a proactive approach to strengthening national self-sufficiency.
Image: razihusin/stock.adobe.com The Australian Government is set to invest $262 million to boost local defence industry and develop the AUKUS nuclear-powered submarines supplychain. The post $262 million to support AUKUS supplychain appeared first on Manufacturers' Monthly.
Image: pikselstock/stock.adobe.com Is your manufacturing business leveraging supplychain management (SCM) effectively? It seems that the balance between dependable suppliers and cost-effective materials has reached its end for discrete manufacturers. Read on to discover the key benefits. The bridge?
Image: DigiKey DigiKey , a leading global commerce distributor offering the largest selection of technical components and automation products in stock for immediate shipment, announced the release of Season 3 of the SupplyChain Transformed video series , sponsored by Omron Automation and onsemi.
Image: jamesteohart/stock.adobe.com The manufacturing of Melbourne ’s first G Class Trams is underway which is set to support more than a thousand local jobs on the journey of building a better experience for passengers on the world’s biggest tram network. Backed by a $1.85
In recent years, reshoring the process of bringing manufacturing back to the U.S. Companies are reevaluating their offshore supplychains, driven by rising costs, geopolitical risks, and supplychain disruptions. Manufacturers Can Take Advantage of Reshoring. has gained momentum.
The 5th Edition of the Samurai Awards and Conference, held from November 7 to 15, 2024, successfully showcased India’s manufacturing prowess, bringing together visionaries, innovators, and policymakers. on India’s Manufacturing Vision 2030: Leveraging Technology and Talent for Global Leadership. Moderated by B.
Image: Surak/stock.adobe.com To support Australian manufacturers and small-to-medium enterprises (SMEs) in navigating this new landscape, Industry Capability Network (ICN) has launched their Net Zero Readiness Assessment Tool. The Australian Government has committed to reducing emissions and creating a net zero economy by 2050.
PHOTO: Supplychain/Nick Saltmarsh via Flckr. The strategy outlines the province’s plan to try and strengthen the agri-food sector, ensure an efficient, reliable, and responsive food supply and address ongoing vulnerabilities through new innovations.
With all the disruptions to the supplychain we have witnessed over the past few years, Plex leveraged ML to evaluate project information in a way that does not require data scientists. Here are a few additional bullet points of information: Make it repeatable, spreadsheets are prone to error. Focus on anomalies.
Image: razihusin/stock.adobe.com The Federal Government has awarded several contracts under a qualification process that paves the way for the Australian businesses to enter UK and US submarine supplychains. Bale Defence has signed an initial contract to manufacture pipe fittings.
These topics have been subjects of thoughts all this yeardata, supplychain, digital transformation, predictive maintenance, skilled labor. 2025 will bring new changes and challenges to the manufacturing industry, with a continued push toward digital transformation centered around data-driven decision-making and predictive maintenance.
Image: IM Imagery/stock.adobe.com The Australian Governments $400 million Industry Growth Program is growing Australian manufacturing, with more than $26 million delivered across 20 businesses and counting. million to support its high-tolerance lithium foil battery manufacturing process to produce next generation, ultra-light batteries.
The new look and feel were informed by user-based research that focused on key themes such as: design user experience site understanding expectations product offering dashboard functionality. This process has been heavily informed by user feedback and will continue to undergo user testing and improved developments. “We
Image: ICN The Queensland Government has taken a significant step towards bolstering the battery manufacturing industry with the launch of Australia’s first Battery SupplyChain Database. The database is now live on Gateway by ICN, a platform dedicated to connecting businesses with projects and opportunities nationwide.
Advanced manufacturing offers significant opportunities for job creation, productivity improvement and capability building in Australia, according to the Industry Capability Network’s (ICN) submission to the inquiry into Developing Advanced Manufacturing in Australia.
Global supplychains have faced significant disruptions in recent years. While pandemics, natural disasters, geopolitical conflicts, and other disruptive events are inevitable, manufacturing managers can insulate their supplychains from their worst effects with proper preparation. What is SupplyChain Planning?
Controlling its own engineering and manufacturing processes was very resource intensive for Metso as information was stored across its ERP, order management and planning, engineering, and manufacturing processes. Order managers had to dig deep into the data for order history and status of open issues.
Image: sirisakboakaew/stock.adobe.com The states first NSW Industry Policy has been released by the State Government to boost the economy by setting three new Local Manufacturing targets. The new targets include: NSW Gross Value Added for manufacturing achieving real growth on average over the years to 2031.
Image: RSM RSM Australia recently hosted an informative lunch event in Brisbane City for SMEs and Corporates in the manufacturing sector. This forward-looking initiative aims to bolster local manufacturing capabilities, enhance supplychains, and drive economic recovery. Website: www.rsm.com.au
Now, if only all business people were ethical… INFORM has announced the launch of its in-depth “Responsible AI Guidelines” to support the responsible use of artificial intelligence (AI) while advancing the technology. INFORM’s commitment to “Trustworthy AI” revolves around several pivotal principles: 1.
Supplier management is a systematic process for collecting, organizing, and maintaining information about the […] The post A Guide to Supplier Management for Small Manufacturers appeared first on Blog for Manufacturers and Distributors. What is supplier management?
Procurement and supply specialist Industry Capability Network (ICN) said a proactive approach is essential to improve national self-sufficiency. Following its own advice, ICN has leveraged four decades of data to reveal gaps in the local supplychain before they become a problem for government or private project owners.
Both enforcement agencies and consumers increasingly are focused on manufacturers’ supplychains. Just as importantly, manufacturers will face tangible reputational risks if forced-labor issues are exposed in their supplychains. Human rights enforcement frameworks increasingly have real teeth.
Image: Viks_jin/stock.adobe.com A blueprint for Australia to develop new clean energy manufacturing capabilities and capitalise on export opportunities for clean, secure energy supplychains has been published. We’re already seeing the benefits of this through expanded trading agreements with key partners such as Germany.
Supplychain stability has become a major global issue in recent years. Cybersecurity risks in the supplychain add to the challenges of maintaining stability. While a traditional plant uptime is 95 percent, even a one percent increase or decrease in uptime can have a major impact on the bottom line for a manufacturer.
SoftIron has opened Australia’s first-ever component-level IT infrastructure manufacturing facility in Sydney, bringing Australia one step closer towards developing its first sovereign capability in critical technology. .
Semiconductor manufacturing resides in its own unique niche. This is a Siemens and Intel collaboration on manufacturing. This is a Siemens and Intel collaboration on manufacturing. I have seldom covered it in detail since it doesn’t translate well to other forms of discrete or process automation. Few things run without chips.
This event will bring together six leading exhibitions, providing a comprehensive platform for innovation and synergy across key industries in the world of advanced manufacturing, including automotive, electronics, smart display and advanced materials industries.
Supplychain has never been my focus in writing. This suite of applications streamlines collaboration, assessment, and connectivity with suppliers and OEMs by providing secure, remote access to controlled subsets of digital thread and PLM information through configurable mobile-optimized web applications.
ITM Power has announced that the Western Australia Government is investing $225,000 to understand the feasibility of manufacturing renewable hydrogen electrolysers within the state. Electrolyser manufacturing is a key initiative in implementing the Western Australian Renewable Hydrogen Strategy.
Image: Sondem/stock.adobe/com The Australian Renewable Energy Agency (ARENA) has welcomed $1 billion in new funding to help unlock domestic solar photovoltaic (PV) manufacturing across the entire supplychain. Australia has the opportunity to build high quality products across the solar PV supplychain.
Image: ipopba/stock.adobe.com With the COVD-19 pandemic behind us, Australian manufacturers are embracing change and pushing the boundaries. The pandemic led to a lot of manufacturers retooling or realigning their business models to cater to the need. With advanced manufacturing processes and techniques, particularly Industry 4.0
How refreshing to talk to a true evangelist of American manufacturing. While I believe in international cooperation and market expansion, I recognize that as long as we have countries those countries will need a solid manufacturing base to survive. He wants to fill the gap between enterprise and supplychain software.
An independent full feasibility study into manufacturing wind turbine components locally is underway in Western Australia as part of a $10 million Wind Turbine Manufacturing Initiative. For more information on the WA Government’s Wind Turbine Manufacturing Initiative, visit here.
Cookson Industrial aims to showcase how UK subcontractors can unlock the potential of precious metals in advanced manufacturing applications at Southern Manufacturing & Electronics Show 2025 (4-6 February 2025). Cookson Industrial’s state-of-the-art additive manufacturing facility is located in Birmingham. Today Magazine.
Australia is a step closer towards developing sovereign capability in critical technology with SoftIron officially opening Australia’s first component-level IT infrastructure manufacturing facility in Sydney. Opening of SoftIron’s Advanced Manufacturing Facility in Sydney earlier this week.
Examples are, mobile robots, AGV(automated guided vehicles), and manufacturing infrastructure. This blog is the second in a series, bringing a lens on manufacturing logistics, dissecting the application flow and a little detail on why the serving wireless medium must behave in a particular way to support it. Manufacturing Logistics.
while for others it meant finding Australian supplychains when travel bans hit imports. For Indigenous-owned and Supply Nation Certified company, The Cryogenics Group, it meant an unplanned cross-country move and a whole new market. For some, it meant focusing on a new product or service (hand sanitiser and masks, anyone?),
Image: wacomka/stock.adobe.com Health Support Services have put out a tender in WA, titled Request for information – Western Australian Manufacturers of Medical Goods , Equipment and Technology. The post New callout for WA medical manufacturers appeared first on Manufacturers' Monthly.
Share Lean manufacturing focuses on eliminating waste and optimizing processes to achieve maximum efficiency and expediency. Any point along your supplychain or production line where activity is throttled, for any reason, becomes a serious hindrance to your efficiency. What is bottleneck analysis?
The Victorian state government will support businesses to upskill and capitalise on opportunities to manufacture low carbon products through a grant program. . Manufacturing employs more than 260,000 people in Victoria and contributes around $31 billion to the state’s economy each year. The program includes two streams.
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