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The 5th Samurai Awards & Conference 2024: Celebrating Excellence in Manufacturing and Supply Chain

Dinesh Mishra

The 5th edition of the Samurai Awards & Conference 2024 unfolded with grandeur at the iconic Taj Miramar in Goa, bringing together the brightest minds and the most innovative companies from the manufacturing and supply chain industries. Here’s a closer look at the winners who stood out for their exceptional contributions.

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Manufacturing Benchmarking Report findings show opportunities for growth

Manufacturer's Monthly

Advisory, finance, and tax firm Grant Thornton has released its 2023 Manufacturing Benchmarking Report, analysing the financial data from 100 Australian mid-sized manufacturers and tracking their performance during FY23. The Report has revealed positive trends in 2023, with a 6.7 per cent year-on-year average sales growth.

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2024/25 Budget reveals new investment under Future Made In Australia Act

Manufacturer's Monthly

Five industries are targeted by the budget including renewable hydrogen, critical minerals processing, green metals, low carbon liquid fuels and clean energy manufacturing, including battery and solar panel supply chains. 14m to strengthen high-quality critical minerals benchmarks with trade partners.

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Move Digital plans to manufacture robots for the home

Robotics Business Review

The company ‘s services include facilitating digital payments, digital identity protections, streamlining supply chain operations, and data security. Move Digital to set up production in China, Vietnam The global robotics industry could grow from $46 billion in 2024 to $169.8

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Fastener Distributor Index (FDI ) JULY 2024

Fastener News Desk

The Fastener Distributor Index (FDI) survey for July, 2024 dropped below 50, with a 47.5 The Fastener Distributor Index (FDI) was developed as a service to the fastener industry by the FCH Sourcing Network in 2012 to be a new benchmark for the fastener industry. reading versus 52.1 in June, seasonally adjusted. compared to 52.1

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Medtronic to explore the future of robotic surgery at Robotics Summit

Robotics Business Review

Kamal started his career with Procter & Gamble in manufacturing, supply chain, and demand planning. He specialized in healthcare and advised senior management of Fortune 500 companies on go-to-market strategies, cost benchmarking, product and business model innovation, and organizational restructuring. Kamal holds a B.S

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Inventory management key to maintaining a competitive edge

Manufacturer's Monthly

The Grant Thornton 2024 Manufacturing Benchmarking report found that manufacturers with strong inventory turnover ratios averaged 8.5. Australian manufacturers are particularly vulnerable, with events like the COVID-19 pandemic exposing Australias supply chain weaknesses and reliance on imports.