The Herald Sun’s recent article featuring award winning Victorian manufacturer, Setec, yet again highlights the benefits that can be achieved through supporting local manufacturing in Australia.
The article reveals that the company, which manufactures power supply products across a range of industries, has gone full circle in recent times; a journey that has seen complete outsourcing to Malaysia in the past, to now clawing back close to 100% of product manufacturing locally.
The ingredients for success? Investment in R&D and manufacturing technology leading to productivity improvements and reduced labour cost. The company cites key benefits including increased market credibility, greater responsiveness and a happier workforce.
A formula for success!
Further Information
The full Herald Sun article can be accessed here [Paywall]