According to the Australian Advanced Manufacturing Council AAMC some of the biggest opportunities for Australian business growth for small to medium sized enterprises SME’s will come from supplying large multinational companies’ global value chains. It said SMEs could learn a great deal from understanding the strategic pathways of global industrial giants. The comment was made at the Hannover Fair, the world’s leading trade fair for industrial technology. AAMC said SME’s should look at where large companies are expanding…what new sectors and new technologies they are moving in to…and what problems they are trying to solve. AAMC is a CEO-led private sector initiative pursuing Australian success in advanced manufacturing. The AAMC brings together industry leadership to drive innovation success and resilience in the Australian economy.
Source: Manufacturers Monthly