With the advent of cloud computing Australia is fast becoming a competitive nation. With a wealth of knowledge CubedBiz and its Accountants can help streamline your processes and contribute to a healthy bottom line. Quality is where we see all businesses turning their attention as this will drive growth and recognition of your product.
Interestingly, with the advent of lean manufacturing taking manufacturing by storm this has created a minimum benchmark for business across the globe. To compete in price is no longer all that is necessary and a level of quality must be established in order to generate and maintain contracts.
There is a very clear decline in manufacturing within Australia though there are still pockets of manufacturers around whom seem to be coping at the moment. I’m sure still feeling the pressures of Asia a hop skip away from Australia. As pressures start to raise businesses will be faced with buy vs manufacture decisions. These will not only be based on financial information but also very importantly quality which hinges upon the brands reputation and credibility.
If a cheaper product does not meet the quality benchmarks there is often no choice but to forfeit that particular channel and investigate others or work out a manufacturing solution. Lean manufacturing is a pivotal force by which an organisation could potentially reverse this gap presented with a viable high quality product that would still be profitable and competitive in the Australian manufacturing sector.
Access to Engineering CAD and 3D modelling cloud based software are changing the way concepts are brought about and affordability now certainly makes it accessible to micro to larger businesses alike. No longer are these screens tied down by chunky machines needed to process and power these applications. One could be seen at a café with a tablet designing a bionic arm or their next 3D printing project.
CubedBiz can assist and facilitate this conversion over to quality systems. Backed by meaningful accounting data, the correct interpretation and implementation of these readings can very quickly give your business the competitive advantage that is needed to stand out from the crowd.
The world as we know it is shifting and it only makes sense to brace ourselves and click in for the ride.