BW Converting launches e-learning platform for enhanced customer training
New online training solution complements on-site training, offers flexible learning options and helps customers manage workforce challenges BW Converting has launched an e-learning platform aimed at transforming customer training across its entire brand portfolio. Designed to provide flexibility and support operational efficiency, this online resource allows customers to access detailed […]
Clearing the Way: Accelerating Industry 4.0 Adoption through Global Benchmarking
Adam Sharman, Senior Partner, Dsifer Introduction As organisations look for productivity gains, competitive advantages in agility scalability and sustainability, more and more are looking to technology to support, augment or accelerate their operations. A recent report from Westpac identified that, whilst digital tech adoption is growing, New Zealand’s manufacturers have […]
Securing the Smart Factory
Attributed to: Alex Nehmy, Field Chief Security Officer, Critical Industries, Japan & Asia Pacific, Palo Alto Networks The incredibly competitive manufacturing industry has evolved from labour-intensive manual processes to progressively more intelligent systems driven by the computing power of the digital revolution. Even more so with the supply chain shifts […]
Manufacturing and Production Industry is Fighting a 41% Increase in Ransomware Attacks over Four Years
By Sandra Lee, Managing Director of Southeast Asia and Korea, Sophos Wrapping up the first half of 2024, the Asia-Pacific region (APAC) is set to be the fastest growing region of the world economy1. It accounted for more than half of global GDP growth with the manufacturing industry becoming one […]
CT Semiconductor Inaugurates ATP Chip Semiconductor Training Center
HANOI, Vietnam. On October 1st, 2024, The ATP Semiconductor Chip Technician Training Center CT Semiconductor (a member of CT Group) was officially inaugurated and commenced operations at the National Innovation Center (NIC) in Hoa Lac High-Tech Park, Hanoi. The ATP Semiconductor Chip Technician Training Center at NIC is part of […]
Energy Experts on AI Tools for Building’s Sustainability:“Triple Win for Businesses, People, and Planet”
Donatas Karčiauskas, CEO of Exergio Research studies continue to highlight that aside from environmental benefits, AI-based platforms in building energy management deliver economic savings and improve occupant well-being. Energy experts provide real-case examples for these tools. Vilnius, Lithuania. Numerous studies delve into the potential of AI for buildings and their […]
Productivity is the only game in town!
Ian Walsh, Partner, Argon & Co It is great to see that finally we are talking as a nation about the need to be more productive. Our poor performance in productivity terms is not a new issue or problem, but given the current economic environment, it has become clear to […]
BLT Supports Successful 10km-Level Flight and Recovery Test of Longyun Liquid Oxygen-methane Engine
On June 23, 2024, JiuZhou Yunjian (Beijing) Space Technology Co., Ltd. achieved a significant milestone with the successful completion of a 10km-level flight and recovery test of its Longyun liquid oxygen-methane engine at the Jiuquan Dongfeng Launch Site. This maiden flight evaluation showcased stable performance across all parameters, including flawless […]
Rolls-Royce and TCS Collaborate on Hydrogen Research Programme
TCS expands its partnership with Rolls-Royce to research hydrogen fuel system technology, continuing to prove hydrogen could be a zero-carbon aviation fuel of the future. Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has expanded its partnership with Rolls-Royce, a British multinational specialising in […]
FactoryTalk DataMosaix puts data at the centre
Companies often spend a lot of effort and energy to figure out how they performed in the past. Rockwell Automation has released a solution that puts a company in control of how it will perform in the future. According to the World Economic Forum, in 2021 industries created, captured, copied […]
How leveraging smart factories optimises products and operations for manufacturers
Mei Dent, Chief Product and Technology Officer, TeamViewer Manufacturing processes and supply chains have become more complex over the past few years, making traditional methods insufficient to meet the demand for greater customisation and shorter production cycles. Manufacturers feel pressured by rising labour and material costs to find more efficient […]
Aspiration finds success
Women Going Places July 2024 by Media Hawkes Bay Limited – Issuu Women Going Places, a new magazine from Media Hawkes Bay Limited, profiles aspirational women with a story to tell. The women included in July issue are from Australia, New Zealand and ASEAN. In future issues, profiles […]
SYSPRO: Manufacturing CFOs shift focus to operational resilience
SYSPRO, a global provider of ERP software, has released its third annual Global CFO Survey, which reveals that the role of the manufacturing Chief Financial Officer (CFO) has seen a strategic inward focus aimed at bolstering operational resilience and efficiency in the wake of some unprecedented macro-economic shocks. The study, which was conducted from July to September 2023 and commissioned by SYSPRO, assessed the sentiment amongst CFOs within manufacturing sectors across the Americas, Asia Pacific (APAC), including Australia and New Zealand, as well as Europe, Middle East and Africa (EMEA). The participants included financial leaders across both SMEs and larger enterprises, with the results reflecting the insights of a wide selection of decision makers in the manufacturing sector. Key insights: The study revealed that manufacturing CFOs believe that we are not post-crisis but rather between crises and that this is a situation that is likely to persist. As a result, the vast majority have recognised that their role is evolving into one of a ‘Hybrid CFO’. Shift to Operational Focus: In response to a series of external shocks, including post-pandemic supply chain disruptions, rising material costs, inflation and environmental challenges, manufacturing CFOs are increasingly adopting a hybrid role. This approach emphasises operational efficiencies to mitigate future economic shocks. The research demonstrated that CFOs are increasingly expected to operationalise digital transformation (52 per cent), which again points towards a greater involvement in operational areas. The Rise of the Hybrid CFO: The survey highlights the evolving role of CFOs, who now integrate strategic business knowledge with traditional financial expertise. This hybrid capability is essential for ensuring competitive advantage and requires a deep understanding of all business functions. Survey responses from all regions including APAC showed a high degree of consistency in terms of identifying the core skills and competencies required for a […]