Tag: supply chain

Graphene Manufacturing Group announced the receipt of regulatory and local council approvals to manufacture batteries at a commercial scale for its existing Richlands site in Brisbane, Australia.

Bega Cheese Limited generated a revenue of more than $1.6 billion in the first half of fiscal year 2023, which ended on 25 December 2022. The figure marks an 11 per cent increase compared to the prior year’s results. 

Trioda Wilingi, a University of Queensland spin out company, will use the traditional Indigenous knowledge of spinifex to develop innovative medical gels, following an agreement between Bulugudu and UniQuest.

The private sector wage bill has increased by 3.6 per cent in 2022 with businesses delivering the strongest rate of compensation rise in more than a decade, according to a media release by the Australian Chamber of Commerce & Industry (ACCI).

Aerospace and composites manufacturing giant Quickstep Holdings has generated total revenue of $45.4 million for the first half of fiscal year 2023, which ended 31 December 2022.

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.

One of the major challenges for modern manufacturers in the post-pandemic era is the reliability of its supply chain. When building material and critical components used in the production line fall short, productivity drops, and operational costs can rise very quickly. In fact, a disruption can cost an organization 45% of one year’s profits over the course of a decade.

Following its successful virtual discussion in December 2022, leading NetSuite implementation partner Annexa is facilitating yet another exchange of insights and ideas aimed at building an efficient and resilient manufacturing operation in Australia. 

Climate Change and Energy Minister the Hon Chris Bowen MP has visited counterparts in the United Arab Emirates and Europe to discuss initiatives to improve relationships, promote Australia's climate action and clean energy investment potential, as well as achieve net zero emissions.

Global multidisciplinary engineering firm Hatch has appointed Alfredo Remy as Australasian Director of Hatch Advisory, the company’s management consulting business.