Japan’s leaders have also indicated greater global business interests. Japan’s largest bank, MUFG, has just purchased Commonwealth Bank of Australia’s global asset management arm.
-Annette Azuma, director, Staples Rodway For businesses looking to expand their operations into international markets, there’s never been a better time to head for Japan. Several premier international sporting events will bring millions of tourists to Japan in the next three years and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been ratified […]
This, combined with a solid growth outlook, means Korea remains a reliable market for New Zealand businesses.
– Jack Stenhouse, NZTE Trade Commissioner for South Korea. The eleventh largest economy in the world, the Republic of Korea, is home to some technology and manufacturing giants – names we all recognise, like Samsung, Hyundai, LG and Daewoo. Korea’s economic success is founded on access to world markets, and that’s great news for New […]
It's not by chance that most CE case studies are when economically strong asset owners and service providers such as Caterpillar and Maersk are in the driving seat. The same applies to powerful vendors, for instance tech giants such as HP and Dell who have established highly efficient return systems for used products.
The long-discussed concept of the circular economy (CE) seems ready for takeoff. New information technologies like the internet of things (IoT), big data analytics or blockchain are the powerful means everybody is waiting for. The real door-opener is still to be found in the analog world: It’s about trustful collaboration. But only when all […]
According to Paul Krugman, laureate of the Nobel Memorial Prize in Economic Sciences, “A country’s ability to improve its standard of living over time depends almost entirely on its ability to raise its output per worker.”
These are exciting times for manufacturing. A plethora of recent technological developments creates radically new opportunities for how we develop, manufacture, and deliver products globally. The headlines proclaim that “the robots are coming”, “jobs will be automated”, and “digitalisation is revolutionising production”. Many managers are excited, baffled, or both. Many jobseekers are worried. Three decades […]
We’ve also seen a shift from manual production to mass production, customised mass production and now personalised mass production. We’ve improved our capacity to measure what people want and our ability to link this knowledge with production resources to meet those demands.
-Joseph Sousa, President, Asia Pacific, Rockwell Automation Sometimes I wish I was ten years younger. Not out of vanity but because of what’s about to unfold in the manufacturing industry. We’ve arrived at a genuine inflection point in how we go about business. There’s an opportunity to produce more high-quality goods for more people while […]
The largest segment by output (gross value added) includes industries such as autos, chemicals, and pharmaceuticals. These industries depend heavily on global innovation for local markets—they are highly R&D intensive—and require close proximity to markets.
By James Manyika, Jeff Sinclair, Richard Dobbs, Gernot Strube, Louis Rassey, Jan Mischke, Jaana Remes, Charles Roxburgh, Katy George, David O’Halloran, and Sreenivas Ramaswamy. The global manufacturing sector has undergone a tumultuous decade: large developing economies leaped into the first tier of manufacturing nations, a severe recession choked off demand, and manufacturing employment fell at […]
Manufacturing has similarly severe skills shortages - a better shot at the scale which such government contracts can provide will help boost apprenticeship and training numbers in our own industry.
-Dieter Adam, Chief Executive, The Manufacturers Network Skills shortages remain one of the key areas holding back manufacturers from further growth – this challenge is not new and is likely to need continued efforts into the future, both to address current shortages in experienced trades workers as well as the changing skills requirements due to […]
The slightly higher rate will make this a bit more worth the effort for smaller companies and align the system with growth grants for the larger companies who were receiving them.
-Dieter Adam, Chief Executive, The Manufacturers’ Network After consultation with the public and businesses, the Government released the final details of its R&D tax credit policy. The policy is not perfect, with areas in which we are going to push the Government further, but they did listen to some of our concerns and made adjustments […]
For Engineering New Zealand credibility means standing up for quality, raising the bar for engineering professionals and making sure everyone is accountable. It also means having robust processes and systems, so that everyone knows where they stand.
On 1 October, Engineering New Zealand celebrated their first birthday. However, the pedigree stretches back far more than a year: previously known as IPENZ, there is a proud 100-year history representing engineers. Several years ago, members were asked what they wanted from their professional body, and they said greater recognition, influence, credibility and connection. So, […]
-Dieter Adam, Chief Executive, The Manufacturers Network Skill shortages continue to be one of the top problems facing manufacturing businesses, holding them back from growing and reaching their potential. Not only this, but with changing and increasingly accessible digital technologies such as automation, AI and networked manufacturing, the skills required in manufacturing are likely to […]