Tag: supply chain

BAE Systems has delivered another strong year of performance in 2022, both financially and operationally, with a record order intake of £37.1 billion (AUD 65.4 billion), driving the company’s defence order backlog up to £59 billion (AUD 104 billion).

Wayland Additive said it is ramping up the production of its Calibur3 metal Additive Manufacturing machine in a push to "insulate customers against supply chain delays."

Conflux Technology will be showcasing its increasing line of customisable additively manufactured heat exchangers at this year's Avalon Air show in the Victorian Government Pavilion.

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.