Australian manufacturers need to look at ways to improve their supply chains if they want to compete.
This means working with suppliers to ensure quality and timeliness of deliveries, as well as looking at how they can add value to their products. Australian manufacturers also need to be able to adapt to changes in global demand, as well as volatile exchange rates.
- Boosting DIFOT
- Increasing working capital through better inventory management
- Overcoming the challenges of increasing input costs
- Improving resilience and risk management through early warning capability and better supplier management; identifying critical inputs & assessing their vulnerability to disruption