Manufacturing organisations in Australia are confronting unprecedented challenges in a turbulent and uncertain business environment. KPMG works with many of these organisations, including paper and packaging, engineering, building materials, steel and fabricated metal products, and the machinery and equipment sectors.
Key issues for the Australian manufacturing sector:
- ageing capital costly to maintain, slower in output and less efficient
- outdated technology impacting growth and response speed
- supply chain challenges including fluctuating commodity costs and freight disruptions
- security and privacy at risk of cyber attacks
- shrinking profit margins due to rising energy prices
- changes to global accounting standards from July 2024
- skills shortages across many business areas.
How KPMG can help
Our professional advisers assist clients with a range of key industry and business critical issues, including:
✔ ESG, climate change and sustainability
✔ Enterprise risk management
✔ Mergers, acquisitions and asset disposals
✔ Restructuring and debt advisory
✔ Market entry, expansion and capital raising
✔ Operational efficiency and cost optimisation
✔ Supply chain rationalisation and global sourcing
✔ Investigating fraud and misconduct
✔ Tax planning, compliance, R&D tax concessions and grants
✔ Technology: Industry 4.0, cloud computing, system integration
✔ Big data, predictive data analytics, AI and machine learning
✔ Outsourcing manufacturing and other functions
Future of manufacturing
KPMG’s Industrial Manufacturing insights
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