Month: March 2018

Formula SAE is a competition organised by the Australian branch of the Society of Automotive Engineers in which teams of students produce a prototype for a single-seat racing car and present it to a hypothetical firm for manufacture. The cars compete in a series of track tests. In addition, the teams are judged on the design and cost-efficiency of the car, and on a marketing presentation about their project. Along with the practical experience gained, the programme gives students the opportunity to work together in a dedicated, multi-disciplinary team to produce an impressive vehicle for the competition. The skills of the team are pushed to the limit to ensure that the design and the manufacturing methods used are innovative and robust. The team from Swinburne is made up of students in…

A common mistake by businesses is to treat inventory as a driver of business performance. The theory goes, reduced inventory leads to reduced working capital, which leads to improved return on capital. Unfortunately what usually happens is that reduced inventory leads to reduced customer service levels and increased firefighting in the supply chain, which then leads to lost business, increased costs and reduced profits! The problem with attacking inventory in isolation is that inventory levels are an outcome of how you run your business, not a driver! Good and bad inventory Of course all businesses have inventory they would rather not have. This “bad inventory” is made up of excess and obsolete inventory. Obsolete inventory is stock of products that you no longer make, while excess inventory is stock in excess of that required to maintain your target level of customer service (more about that later). Your business needs a process to manage excess and obsolete stock. The…

Based in Kingston, Queensland, Simply 3D provides a range of end-to-end 3D scanning and 3D printing services. The company was recently engaged by Stangfever International, a local business importing and converting US cars, to perform a conversion on a left-hand-driven 2015 Dodge Challenger Hellcat to right-hand drive. Converting a car for right-hand driving can be quite a complex task – one which unfortunately does not merely involve switching parts to the other side! For one, there are a lot of parts involved: for this specific project, Simply 3D’s Director Brad Jack worked on 15 different parts, including the dashboard, AC system, glovebox and centre console. While some can be “mirrored” then fitted in a relatively straightforward manner, others need further adaptation. Moreover, while there is a demand for such work to be performed, the case-by-case and model-by-model needs will never justify such parts to be mass manufactured in the automotive industry, so the components for right-hand driving will likely never be readily available. The project therefore was conducted as a “proof-of-concept” for Stangfever, one that could bring…

Eclipx Commercial recently commissioned independent research house East & Partners to delve into asset finance in Australia. Who uses it? Why do they use it? And ultimately, does asset finance offer any tangible benefits to businesses selling equipment or businesses buying equipment? We started by looking at small and medium businesses’ overall access to the funds they need to grow, both in terms of the availability of funds as well as the time it took for approval, and moved on to the specific pros and cons of asset finance. Some of the results, which can be accessed at Eclipx Commercial’s website, were surprising.…

Demand for the parts is expanding as lifespans lengthen and aging results in arthritis and osteoporosis. Worldwide trends towards higher body weight and obesity put additional strain on skeletal joints. Changing lifestyles, from a lack physical activity for some to increased sports participation for others, further fuel demand for renewed body parts. Growth of emerging economies is giving greater numbers of people the resources to afford orthopedic devices. The Global Market Insights consulting group predicts that the global orthopaedic devices market will grow to €50bn by 2024. Competition prompts tooling development Orthopaedic devices include hip and knee replacement components, artificial elbow and ankle joints, trauma repair instruments, spinal bone plates and various repair pins, rods and fasteners. Joint reconstruction makes up over 40% of the market, with the majority of that in hip and knee…

Industry 4.0 is the latest phase in digitisation for the manufacturing sector. With increased productivity through intelligent, networked production systems, an Industry 4.0 marketplace means that machines offer their services and exchange information with products in real-time. Using internet or cloud-based platforms for businesses to connect to their machinery enables manufacturers to digitally connect to their own production line, machinery and supply chain. Access to the production control system via tablet or smartphone allows mobile productions planning. Cloud technology provides workers with an insight into the status of productions orders and the machines along with ease when adjusting information such as job orders or production quantities. Industry 4.0 has been driven by four disruptors: a rise in data volumes; increased computational power and connectivity; the emergence of analytics and business intelligence capabilities (for example, new forms of human-machine interaction such as touch interfaces and augmented-reality systems); and improvements in transferring digital…

Autocare 2018 is an event focused on education, information and industry development, designed to address the latest developments, trends and issues facing the automotive aftermarket parts and service supply chain sector. Organised by the Australian Automotive Aftermarket Association (AAAA), the national body representing the $14bn Australian automotive aftermarket industry, the event leaves no stone unturned in ensuring that anyone involved in the automotive parts manufacturing, distribution, wholesale and retail sectors will benefit from taking part. Rod Sims, Chairman of the Australian Competition and Consumer Commission (ACCC), will provide the opening keynote address, in which he will outline the major findings and recommendations arising from the watchdog’s market study into the new car retailing industry and its implications for the Australian automotive aftermarket industry. Sims will also outline what the ACCC intends to do to ensure that the independent aftermarket can have confidence in the future. Other highlights of the speaker program include Saul Eslake, one of Australia’s best known and…

“Many customers get fixated with the capital cost of an air compressor, and whilst those that want to save energy costs will look a little deeper and review service costs, very few understand the long-term total operating cost of compressed air,” said Southern Cross CEO, Mark Ferguson. “The largest cost related to producing compressed air is in energy, and this typically represents the highest energy usage in the plant. With continuously rising energy costs, it’s an area in which businesses can readily address to achieve substantial potential savings. Two-stage compressors really are low-hanging fruit.” A single-stage compressor typically used in industry is limited by the overall compression ratio across a single airend. This compression ratio in most industrial applications is around 9:1 according to Ferguson. High compression ratios, particularly as pressures increase, results in significant internal slippage which leads to loss of capacity and a reduction in efficiency. A high compression ratio also means higher bearing loads as the elevated internal pressures and…

The laser cutting and fabrication specialists service a diverse range of industries, including automotive, transport, aerospace and shop fitting, among others. With a strong focus on company culture, Laser 3D place high importance on attracting and retaining great staff, with an aim to build upon their knowledge and training where possible. Laser 3D’s CEO Bruce Thomas says that there are three main factors that contribute to the company’s success: technology, customer relationships, and dependable suppliers. Ten years ago, Laser 3D used four different machines from four different suppliers. The company now uses one supplier, Headland, and Trumpf machinery only. Consequently its processes are fully streamlined where possible as all staff members can operate all the machinery in the factory. Technology is critical to automating processes and ensuring quick turnaround times for customers. “We use technology wherever and whenever we can in order to streamline processes,” says Thomas. “We make sure that we fully understand each and every customer’s individual needs. We place high value in our customer relationships…

In manufacturing, we see an industry under pressure. An industry trying to do more with less. A more proactive approach is needed now to break out of this cycle of simply fulfilling demand. While it may seem unlikely to some, your quality manager or quality director is in the perfect position to guide this strategy. Reason one – A focus that is principled and positive Quality leaders are focused on … quality. By this I mean customer satisfaction and reputation building are inherent in their goals. ‘Quality’ often means meeting the customer requirements or meeting safety objectives. They are high-integrity individuals who make analytical decisions based on fact and with no hidden motive. It is this type of input that is needed when difficult choices have to be taken. HepcoMotion, a manufacturer of linear motion systems and automation components, is an example of a company who…

AMT: Let’s start with Brand Tasmania. When was it established and what are its aims and objectives? Michael Grainger: The Brand Tasmania Council was formed in the early 1990s. It was established by a group of like-minded individuals who were exporting and promoting Tasmanian product all over the world. It became affiliated with the State Government not long after that and has grown over the years to represent Tasmania in many different aspects – for example, food & beverages, tourism, manufacturing, education and the arts are all pillars of our organisation. We share a fairly broad and equal range of promotion. AMT: What sort of activities does it engage in to achieve its objectives? MG: We engage really with the Tasmanian companies that are represented by Brand Tasmania to promote what they do, encourage and stimulate growth in the economy, create employment and just promote all things that are Tasmanian. We attend trade shows, we have our eFriends mailing list, a very big subscription for our Tasmanian…

One way to anticipate the future is to look to the past. British economist Angus Maddison has estimated that in the year 0, the population of Western Europe was 24.7m. A millennium later it was 25.4m, an increase of just 700,000. Total global population increased by only 37.3m in 1,000 years. Had we continued at this pace, in 2015 there would have been 312m people on Earth. Gross domestic product fared even worse. Between the year 0 and 1,000 - GDP per capita was stagnant or fell across all of Maddison’s seven global zones. Over the next 800 years, the pace quickened a little. World population quadrupled to crack the billion for the first time. By 1819, the Eastern European population of 91.2m generated some $60.9bn worth of stuff (1990 International $) or $665 per person. Then in 1820 everything changed, sort of. Fuelled by a potent mix of technology, ideas, appropriated resources, and a distressing number of…

How does a manufacturer, once considered too small to be regarded as a competitor by larger businesses, become the only major cutting tool manufacturer in Australia, competing globally with the world’s best? The pursuit of excellence has paid off for Sutton Tools, a multi-award winning Australian manufacturing icon that now exports 50% of its Australian manufactured products globally and is the preferred brand for the IPH Group, France’s largest distributor of industrial tools. The company also supplies Rolls Royce in Romania, Triumph Motorcycles in Thailand, Moog Aerospace in the Philippines, and Foxconn in China. Sutton Tools is typical of successful Australian companies that understand the challenges faced when market demand or conditions change, or when opportunities are presented and decisive action is needed. The business is a textbook case for study by any manufacturing business that wants to stay ahead of the competition, while developing a…