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- outdated technology impacting growth and response speed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 sustainabilty
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
Industry 4.0: advanced manufacturing
Industry 4.0 combines technologies for smart manufacturing across an organisation to automate processes, create sustainable growth and innovation.
Learn more in our playbook, Industry 4.0: the Australian manufacturing advantage offering practical steps to help manufacturers build a competitive edge locally, and on the global stage.
Sustainable manufacturing
According to our report Australian Manufacturing: Discover growth amid turbulence, CEOs are taking a proactive approach to societal issues, with a focus on human rights. Sustainability goals are also important in a sector that causes some of Australia’s highest carbon emissions.
Fortunately, technology within Industry 4.0 continues to evolve to support a sustainable value chain, improve operational and energy efficiencies and encourage a circular approach.
KPMG's insights
Read the latest KPMG thought leadership and insights related to Industrial Manufacturing.
