The manufacturing sector showed healthy signs during 2018, but does that mean a full recovery. Last year reaffirmed that the manufacturing sector in Australia is not dying, but simply going through a transition.
The Australian Industry Group (Ai Group), an employers’ organisation that has been monitoring the manufacturing sector closely, reported positive trends for the sector in terms of growth and profitability stabilisation throughout 2018.
In October, Ai Group’s Australian Performance of Manufacturing Index (Australian PMI) indicated 25 months of uninterrupted recovery and expansion for the manufacturing sector, which is the longest run of recovery or expansion in this data series since 2005.
With our Steel Efficiency Review® visits we have uncovered how businesses in manufacturing environments are adapting and transitioning for the future. Our customers’ attitudes towards technology, production and talent have evolved and we aim to fully support their journey.
The Steel Efficiency Review® aims to provide recommendations to support our customer’s business and at the same time improve our product and service offer.
To register for the Steel Efficiency Review® click here.