Insourcing – Made in Australia is Trending
Over the last year, we have seen a shift in outsourced manufacturing to overseas countries be brought back to Australian shores. It is predicted that insourcing back to Australian shores will increase significantly over the coming years.
Made in Australia is making a comeback as businesses reverse the clock on years of offshoring jobs.
With supply chain issues and component shortages continuing to cause delays in manufacturing, there is a big push from businesses across Australia to have their products manufactured locally. Consumers are also driving the change, with Australians now eager to support local, Australian owned and operated businesses. More than three-quarters of consumers prefer to support Australian-made products, according to Roy Morgan data from 2019.
This trend has also been supported by an initiative by the federal government – which is now seeing a big increase in companies reshoring their production, research, design, logistics and distribution in Australia (The New Daily)
Hetech is Australian owned and run and has been designing and manufacturing products for over 30 years, supplying to a diverse range of industries and markets.
We have been working closely with our clients to navigate the impact of component shortages, including assisting them in planning ahead, keeping stock and placing standing orders. We too are planning ahead, with the prediction of insourcing to increase over the coming 5 years, we are expanding with a second manufacturing space, increasing our manufacturing capabilities by 60%.
To see more about our work and services, visit our website or contact us now!