Gaining and retaining competitive advantage is key – through strategies toward improving productivity, controlling costs and retaining and developing the workforce skill base. Automation and Lean measures are not reserved for machines – best in class Australian manufacturers understand that the next step is utilising technology and big data to maximise productivity and engage with their employees and the potential local workforce to drive success.
With the increasing collaboration between manufacturers and foreign governments, many Australian manufacturers will eventually find themselves managing a global workforce. Manufacturers stand to gain considerable competitive advantage and efficiency improvements by developing the local workforce. However, they also face substantial risks if they do not manage local workforces in compliance with labour regulations.
This white paper presents findings from joint research conducted by Kronos Incorporated in conjunction with IDC Manufacturing Insights, an independent research analyst firm. It is designed to provide insight into global trade, investment, and workforce trends and best practices as well as to provide recommendations on workforce strategies that Australian manufacturers can employ to improve their global competitiveness.