The industrial manufacturing sector provides the machinery and equipment found on factory floors around the world. Its products help manufacturers large and small do more with less. More power with less footprint. More control with less labour. More output with less cost.
The global industrial manufacturing sector is large and diverse, but most sector players face similar challenges. Increased costs for oil, natural gas, steel and copper are squeezing margins, unless offset by pricing and surcharge increases. Customer reluctance to invest in new equipment has intensified the importance of aftermarket service. And everywhere, industrial manufacturing companies are trying to figure out how to get the most out of their IT and people investments.
In New Zealand, industry is being forced to address margin squeeze due to rising input costs, skill shortages, impact of low cost producing countries like China and India, the relative strength of the New Zealand Dollar, Climate Change policies, as well as the on-going challenge to innovate.
How PricewaterhouseCoopers can help you
Our mission is to help clients extract value from their operations, to develop a competitive advantage across the value chain, and to ensure that all corporate stakeholder expectations are recognised and met. Improving production techniques and identifying greater efficiencies in areas such as waste minimisation, production processes and the use of capital is the focus of our practice.