Five forces shaping the future of Australian manufacturing

Manufacturing has long been a mainstay of Australia’s national economic resilience, wealth and stability. The industry has experienced immense change over the past few decades, with the rise of techonology and globalisation, and more change lies ahead.

Recent events have thrown a fresh perspective on Australia’s dependence on manufacturing for everything from consumer products and food to medical supplies. Awareness is growing around Australia’s interconnectedness to the global economy, with the realisation that almost every supply chain will rely on manufacturing into the future.

Australia has a time-sensitive strategic opportunity to build local manufacturing into an advanced centre of excellence to serve local and global supply chains. Cadpro shares insight into the five forces that will help Australian manufacturing profitably emerge over the next decade as a reliable, scalable ecosystem offering high-value solutions to international supply chains.