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They’ve been a catalyst for a shift in processes and outputs, with boosting smart sovereign capability high on the Government’s agenda in recent years. To remain competitive in a fast moving, changing market, innovation, agility and flexibility are key.
After decades of divestments in the manufacturing sector, challenges linked to global supply chain disruption putting pressure on strategic alliances across the value chain, and the increasing costs of trade, we look forward to seeing the impact of the Government’s National Reconstruction Fund (NRF) on continuity of supply. Aimed to generate revenue from investments and stimulate private sector investment, this fund across six priority areas intends to support you – the masters of the bespoke, the innovators, the IP generators, and the job creators.
To leverage this investment in innovation, avenues for collaborative partnerships, and to protect your IP, our experts can help you make the most of opportunities ahead.
From new technology and products, smart manufacturers are adept at differentiating themselves to capture a crowded, global market.
For decades, the trend has been to send raw materials overseas, turning them into high-value products that we then buy back. This is already reversing with two plants in WA turning lithium into batteries.
Robotics, engineering, data analytics and programming are being used by some businesses, but they will soon become essential skills for modern manufacturers.
What Australia’s Carbon Leakage Review means for trade, imports and business costs
Unlock ATT accreditation to boost trade compliance, speed, and global market access.
In this episode of Beyond the Numbers with Grant Thornton, Management Consulting Partner, Richard Bycroft, and Director, Primo Danieletto, discuss automation in supply chains, triggers for reviewing an organisation’s current model and the ROI businesses can see from implementation.
Australia’s manufacturing sector has always punched well above its weight in terms of R&D and innovation. New ways of doing things and innovative products have evolved out of manufacturers trying to do more with less and finding ways to differentiate themselves in a crowded global market. We understand how to leverage the innovation lifecycle and can support you to take a great idea to the next level.
Spanning across software, artificial intelligence, smart devices, automation, robotics and 3D manufacturing, technology has become an instrumental part of process optimisation in manufacturing. As upfront capital investment to adopt these often-disruptive technologies continue to fall, organisations find efficiencies across reduced inventory, material waste and energy usage, better affordability and – importantly – attracting interest from investors. This enables manufacturers to remain competitive, create bespoke products, value-add and derive economic benefit with scalability.
With sovereign capability and supply chain resilience high on both state and federal agendas, we’re seeing a range of grants available to support manufacturers to scale up, innovate, invest and create new jobs. Although there are over 4,000 Government Grant Programs on offer every year in Australia, these are often highly competitive. Being grant-ready will increase your odds of accessing government funding and secure capital to support your growth.
As manufacturers around Australia respond to new market demands both here and overseas, it’s important to have a handle on your obligations and requirements. Whether it’s tax, audit or risk, we cut through the compliance and complexity.
You don’t need to be Google to leverage your insights into tangible assets. In fact, manufacturers may be sitting on a treasure trove of data that can support better decision making, improve your supply chains and quality control, and help you understand your customer better. Your organisation is collecting data right now, even if you don't know it. And if you do know what data you have, do you know how to use it? Are you across the latest regulatory considerations in the context of emerging tech and changing data sources? We can advise you around improving your processes and client experience to leverage your data to its full potential while protecting your IP.
Whether you invest in new products, focus on operational efficiency, consider merger and acquisition activity, or are about to adopt disruptive technology, is your organisation ready to embrace the shift? We work with companies to optimise their working capital and to (re)design their operations to be more profitable, create better customer relationships, prepare for future transactions or expand.
Our expert audit approach will help you comply with regulations, and improve business strategies and internal processes.
We work with clients at all stages of their business lifecycle – and through all their organisation’s major events – to navigate tax obligations.
From investments to merger and acquisition, we help you access sources of finance, present your case to potential funders and negotiate a long-term sustainable relationship.
We take a hands-on and proactive approach to advise you on strategies for sustainable growth – from supply chain, to current opportunities and challenges, and more.
Our expert audit approach will help you comply with regulations, and improve business strategies and internal processes.
From investments to merger and acquisition, we help you access sources of finance, present your case to potential funders and negotiate a long-term sustainable relationship.
We work with clients at all stages of their business lifecycle – and through all their organisation’s major events – to navigate tax obligations.
We take a hands-on and proactive approach to advise you on strategies for sustainable growth – from supply chain, to current opportunities and challenges, and more.
Partner & National Head of Manufacturing
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In the meantime, if you have any questions, please don't hesitate to contact us via communications@au.gt.com.
Listen to Mark Cloros, Co-founder & Director of Redback Boots, talk about the influence of technology and changes in client expectations has had on shaping their business.
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