Automation has been increasingly adopted in Australia’s cut-throat manufacturing industry for companies to stay competitive in the market. Consequently, automation has taken over most of the lower-skilled jobs in the industry, leading to a decline in demand, and an overall reduction in manufacturing employment over the years.
The number of Australians employed in manufacturing has fallen from one in four in the 70s, to around one in ten today. The Australian Industry Group's Performance of Manufacturing Index edged up to 50.7 points in July 2014, just above the cut off separating expansion from contraction. Large food, beverage, tobacco and smaller wood and paper products groups led this modest growth.
Against this backdrop, BCG’s Michael Zinser advises it has become imperative that the productivity of each individual worker in the manufacturing industry is tracked and improved for maintaining competitiveness.
The manufacturing industry experiences changes in supply and demand as a result of seasonal influences, promotions, product launches and the economy. To stay competitive in the market, organisations must respond to these fluctuations by ensuring that their workforce matches the requirements of supply and demand.
Companies achieving this balance can avoid problems related to overstaffing or understaffing such as increased labour costs, decreased productivity or poor product quality.
The Time and Attendance System from Mitrefinch allows manufacturers to track employee attendance, reduce absenteeism, and improve productivity; plan for future work and cover with budget costing and time allocation tools; easily track expenses against revenue; automate compliance with work rules and industry award entitlements; ensure shifts align with machine time, in order to maximise productivity; manage overtime planning and allocation; increase site safety with Access Control, Fire Evacuation and Fatigue Management reporting; and access real-time information on overtime, absences, and productivity to assist with important strategic decisions.