March 27, 2024

AMW2024 is getting close now

The wait is almost over!   It’s not too late to register and gather all your key exhibitors, stands, people and attractions. Registrations are still open for Australian Manufacturing Week (AMW2024), held at the ICC in Darling Harbour in Sydney. Organised and run by the Australian Manufacturing Technology Institute Limited (AMTIL), AMW2024 will occupy more than 6,764 square metres of exhibition space at the ICC, with over 270 organisations taking stands to showcase the latest manufacturing technologies, processes, and support services. If you haven’t done so already, REGISTER NOW online to visit Australian Manufacturing Week in Sydney and plan your days on the My Show Planner. After registering to visit AMW2024, you can log in and tap through to My Show Planner. The My Show Planner online tool has everything you need to make the most of your time at AMW2024 in Sydney. My Show Planner is the AMW2024 visitors-side view of Map Your Show. You can connect with Exhibitors online, set up appointments and plan your time so you don’t miss a thing. There is…
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March 27, 2024

Laser Automation Engineering

Laser Automation Engineering Sdn. Bhd. (LAE) is thrilled to announce its participation in the upcoming AMW Sydney 2024 exhibition, marking a significant milestone in our 30-year history of innovation and excellence. As a beacon of advanced engineering solutions, LAE, in a joint venture with Smartlink Engineering Sdn Bhd., has garnered international acclaim for our precision machining, aerospace engineering, and manufacturing process. At AMW 2024, our exhibition stand will spotlight our expertise in delivering a wide array of services, including precision machining, manufacturing of tools & dies, jigs & fixtures, wire & diesinker EDM, bending & welding, parts fabricating, and electrical & mechanical module assembly. With state-of-the-art facilities encompassing conventional turning & milling, surface & cylinder grinding, CNC turning & milling, and CNC 5-axis milling centres, we are equipped to meet the diverse needs of industries ranging from automotive and semiconductor to medical technology. Our international footprint extends to collaborations with clients from Switzerland, the US, Japan, Italy and beyond, underscoring our adaptability and proficiency in providing tailor-made solutions that propel the advanced manufacturing industry…
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March 27, 2024

Red Hat

Edge computing and AI are driving an inevitable transformation in the industrial sector. Industrial needs are evolving rapidly and therefore necessitating advanced solutions that provide a consistent platform to simplify the complexity of deployment. With edge-enabled platforms, the industrial sector is bringing data processing to the data source, simplifying the complexity of industrial systems. This is just one-way manufacturers are breaking down the barriers between their information technology (IT) and operational technology (OT) infrastructure. The gradual blending of IT and OT in industrial systems goes hand in hand with the need for more efficient manufacturing. Over time, bringing together IT and OT delivers lower operating costs and accelerated time-to-market with quality, reliable and secure solutions for manufacturers. However, as manufacturers race to realise the potential of these innovations, data management is now more critical than ever in providing business insights and supporting real-time control over processes and operations. Unlocking the full potential of advancements such as AI and edge computing requires the transformation of the underlying…
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March 27, 2024

SOCO event in Sydney

SOCO, a leading digital transformation specialist and IT solutions provider is excited to announce its second annual industry event scheduled for Tuesday, 14 May 2023, at the Microsoft Sydney Office. Titled “Breaking down the hype around AI and CoPilot for Manufacturers”, the event offers a unique opportunity for manufacturing leaders to explore the paradigm-shifting potential of CoPilot and AI, diving into the possibilities that CoPilot and AI offer in transforming processes for manufacturers and accelerating growth strategies. This event is designed to help participants unlock the potential of modern ERP solutions integrated with AI and CoPilot features, exemplified by Microsoft Dynamics 365 Business Central. The event agenda includes keynote addresses on upcoming manufacturing tech trends and practical insights into leveraging CoPilot for greater efficiency, culminating in a roundtable discussion format that allows participants to gain actionable strategies, enhance visibility, optimise workflow, and foster informed decision-making in a collaborative environment. Donna South, Director of Membership at Advanced Manufacturing Growth Centre (AMGC) commented: “Embracing innovation is essential for the sustainable advancement of the…
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March 26, 2024

From the CEO – Government intervention into rising Workcover Premiums is required

Here I have outlined five impacts of increasing WorkCover premiums and its effects on businesses, employees, and the broader economy. Financial Strain on Business Rising WorkCover premiums can impose a substantial financial burden on businesses, especially small and medium enterprises (SMEs) with limited resources. Increased premiums directly impact a company's bottom line, reducing profitability and hindering growth opportunities. This financial strain may force businesses to allocate funds originally earmarked for expansion, innovation, or employee benefits towards covering insurance costs, thereby impeding their ability to invest in crucial areas essential for long-term success. Deterrent to Employment Higher WorkCover premiums may act as a deterrent to employment, particularly for businesses operating in labor-intensive industries. Employers facing escalating insurance costs may be reluctant to hire additional staff or expand their workforce, fearing the added financial strain of increased premiums. Consequently, job creation could stagnate, exacerbating unemployment rates and impeding economic…
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March 26, 2024

Jenkin Bros hits 50

In the dynamic world of metal fabrication and engineering, Jenkin Bros Engineers, from the outer east of Melbourne, have remained one of the few companies to display resilience, innovation and unwavering commitment to quality, being rewarded with 50 years of operation. Founded in 1974 as a family business, Jenkin Bros Engineers was producing parts for a local milk factory when an opportunity arose to produce parts for Kenworth Trucks who had begun to assemble vehicles in Australia. It was a very entrepreneurial approach to business that also saw International Harvester approached for opportunities to produce and assemble parts. Quality, consistency and smart investment in people and machinery remained the hallmarks of growth throughout the 1990s, and saw Jenkin Bros Engineers well positioned for increased demand in the early 2000's from stalwart clients Kenworth and International. Around the same time in 2004, a restructuring in the form of a purchase from senior staff further laid the foundations for a strong administrative base to complement the production side of the business. Through significant change during the GFC, adaptability was key to scaling to the needs of…
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March 23, 2024

Three weeks until AMW2024

Australian Manufacturing Week (AMW2023) is approaching fast! It’s not too late to register to be a part of the action. So many companies will be there to show their best and brightest, their latest and greatest products. REGISTER NOW ONLINE The Future Solutions Speaker sessions for Thursday will begin with a quick-paced run of speakers focussing on the skills and workforce development challenges facing manufacturers Training and Workforce Development support options available for the NSW Manufacturing sector Presented by Stacey Mitchell Bales - Manager and Claire McGregor - Senior Project Officer at Workforce Development, Training Services, NSW Government Future-proofing NSW Manufacturers Presented by Annette Dockerty, Program Lead, SME Engagement The 3D’s Digitalisation, Decarbonisation and Diversification Presented by David K Martin, Ai Group's Director of Emerging Industries and Innovation Training solutions for Industry 4.0 and ESG Presented by Laura Mabikafola, Executive General Manager, SkillsLab and Embedded Expertise (SAGE Group) Sustainability and TAFE NSW training offerings, learnings from Sustainability fellowship Presented by Peter Schreiner,…
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March 22, 2024

NSW AMTIL site visits

Around 22 AMTIL members, many driving out from Sydney, others from further out and indeed some others coming up from Melbourne, attended the tours of Komatsu, and on to Eilbeck Cranes in late February. The first stop was down in Moss Vale for a tour of Komatsu. These companies have been manufacturing mining machinery for the last sixty years. After a business overview presentation, safety briefing, PPE fitting and a run-through of the housekeeping, the group visited the many subassembly areas that collectively make up the underground mining machinery that Komatsu manufactures. The immense workshops were filled with mining equipment being fitted with gear for their next descent into the coal mines around NSW and QLD. Hosted by Moss Vale Site Manager Ben James, and assisted by Senior Business Unit Manager, Bill Turner and National Procurement Manager, Scott Hogan, we were directed into many areas to experience some of the shearers, room and pillar/entry development equipment, including continuous miners, bolting systems, haulage systems, feeder breakers, and many sub-components. We also had the opportunity to view a conveyor system…
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March 20, 2024

The path forward for manufacturers

In December of last year, the Westpac Australian Chamber of Commerce and Industry (ACCI) survey revealed that sentiment among local manufacturers had fallen to its lowest levels since the global financial crisis. This sentiment was mirrored in the New Zealand market with the latest data from Business NZ revealing that the manufacturing sector contracted for the tenth straight month in a row. The results were no surprise, given the ongoing economic uncertainty caused by inflationary pressures, regulatory change and supply chain disruptions. Despite the economic headwinds, I have observed a sense of quiet confidence among local manufacturers regarding business conditions. Data can often be a lagging indicator, and with inflationary pressures likely to ease in the second half of this year, the Australian economy is expected to land more softly than originally anticipated. A recent Grant Thornton study also suggested that local manufacturers have a more positive outlook on the market, with many recording strong sales growth in 2023. This trend is particularly evident for emerging manufacturers that are continuing…
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March 20, 2024

Critical cash flow tips for manufacturers

Poor cash flow management can exert significant pressure on manufacturing operations, making it difficult to meet expenses and potentially leading to insolvency and liability for company debts. In light of rising inflation, supply chain issues, and the ATO intensifying efforts to recover outstanding debts, it becomes essential for manufacturers to have strong control over their cash flow. By gaining a comprehensive understanding of cash flow dynamics, manufacturers can proactively manage liquidity and address potential concerns early on. If your manufacturing business is facing tougher trading conditions and tighter cash flow, it is recommended to consider implementing the following strategies and processes: 13-week cash flow forecast A detailed 13-week cash flow forecast is a valuable tool for monitoring both cash inflows from debtors and cash outflows for the payment of creditors. This forecast should encompass various elements such as employment entitlements and historical debt repayments. By continuously monitoring existing and upcoming expenses, manufacturers can ensure the availability of sufficient short-term assets to…
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March 20, 2024

Innovation at crossroads

The Australian economy would be $100bn bigger and boosted by 42,000 new jobs by hitting a target of investing 3% of GDP in research and development, new analysis by the nation’s peak body for science and technology has found. Speaking at the National Press Club this week, Science & Technology Australia President Professor Sharath Sriram will make a powerful case for rapidly reaching the 3% target to turn Australia into an innovation nation, reveal how to create an innovation ecosystem that will secure the country’s economic future, and warn of the consequences of failing to do so. Professor Sriram is a research rockstar and a commercialisation champion based at RMIT. His work connecting industry and researchers has created more than $9m in commercial partnerships for his university, and spurred innovations including smart bedding products for aged-care support, a wearable device for continuous molecular monitoring, and miniature biosensors for monitoring respiratory illnesses. He will deliver the address as the centrepiece of STA’s Science Meets Parliament (SMP). Now into its 24th year, SMP brings hundreds of scientists and technologists from all…
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March 18, 2024

NSW Net Zero

Right now, we don’t have the technology to tackle almost half of the global emissions needed to reach net zero by 2050. To help solve this, the NSW Department of Climate Change, Energy, the Environment and Water are investing in researchers, innovators, and entrepreneurs across NSW to fast-track the emerging clean technology solutions we need to reduce greenhouse gas emissions. A thriving clean technology community in NSW creates huge economic growth fuelling new investment, new jobs and new opportunities for businesses and communities. Round 2 funding opportunities are now open as part of the Net Zero Manufacturing Initiative. We’re backing the next wave of innovators that will help us reduce emissions, create jobs and unlock the substantial economic benefits of NSW’s transition to net zero by 2050. With up to $275m in funding, we want to support businesses: get their new clean technologies market-ready; expand their manufacturing capacity to produce low-carbon products and components for renewable energy. Use the eligibility checker on our website to help you select the right funding stream for your project.   Register for one of…
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March 18, 2024

AMW manufacturing opportunities

AMW2024 will begin with all Seven Zones open and active, all 271 Exhibitors enthused and ready to show their best manufacturing technology at the International Convention Centre in Sydney. The first day of AMW2024 will be full throttle. Don’t miss out!    REGISTER NOW The Seven Zones in AMW2024, each with a particular focus, speciality and technology, are: Austech Machine Tools, sponsored by finlease; Additive Manufacturing Zone; Australian Manufacturers Zone; Manufacturing Solutions Zone, sponsored by The Execution Factor; Robotics & Automation Zone; sponsored by IFS Weld and Air Solutions Zone; and the Plastic Technology Zone. The Future Solutions Speaker Program has proven to be a major attraction at AMW shows. These Sessions will also be focusing on these Opportunities as well as Managing Change, featuring experts from various organisations presenting insights on manufacturing opportunities, including ANSTO, the Department of Industry, Science and Resources, Rigby Cooke Lawyers, the Defence Department, and CSIRO. The huge Sydney event will showcase home-grown advanced manufacturing technology. The event will be a celebration of manufacturing in Australia, highlighting innovation and networking opportunities within the…
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