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Mfg. Trends in 2020

In: Business and Management

Submitted By shahpunit04
Words 14303
Pages 58
Trends in manufacturing to 2020
A foresighting discussion paper

Future Manufacturing
Industry Innovation Council

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Date: 30 September 2011 For more information, or to comment on the paper, please contact: Manager Future Manufacturing Department of Innovation, Industry, Science and Research GPO Box 9839 Canberra ACT 2601 Phone: (02) 6213 6000 Facsimile: (02) 6213 7000 Email: Futuremanufacturing@innovation.gov.au

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Future Manufacturing Council discussion paper: Trends in manufacturing to 2020

Table of Contents
Executive summary ....................................................................................................................................1 Background.................................................................................................................................................2 Future Manufacturing Council................................................................................................................2 Defining manufacturing...........................................................................................................................2 Profile of Australian manufacturing........................................................................................................4 Trends to 2020 ... and beyond: Issues and opportunities for Australian manufacturing...................12 Terms of trade driving value and volatility of the Australian dollar and structural changes in the economy – an upside to manufacturing and associated downstream industries ...................................12 Technological advances.........................................................................................................................15 Increasing skills requirements for precision, high value-add manufacturing .......................................16 Productivity growth...

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