IMCRC integrates technological and business innovation to significantly improve Australia’s manufacturing competitiveness, with a high degree of interdependency and interaction between and across all programs and projects. IMCRC’s objective is to help accelerate diversification of Australian manufacturing into ‘new manufacturing’ opportunities and value chains. As a small high cost economy, Australia can no longer be competitive where the basis of competition is scale and unit cost.
Changes in technology and international supply chains (exhibiting increasing complexity and international disaggregation), together with new innovative business organisation, have opened up opportunities for competitive new manufacturing. These changes mean that often, being small is not a disadvantage, with such manufacturing typically based on short runs, high variability, and rapidity to market, high value and medium to high complexity.
Supporting this transition means promoting competitive advantage based on innovation, organisational superiority and agility, across multiple value chains. SMEs will frequently be the focus of IMCRC’s efforts, further underlining the need for an active, comprehensive, multi-faceted approach. Collaboration will occur between participants, such as RØDE Microphones, a global leader in microphones, and working with leading global companies such as Stryker Orthopaedics, will ensure a connection to global supply chains.
With partners having a track record in collaborative research, IMCRC will develop its organisational networks. Global reach will be achieved through global leaders in Fraunhofer ILT and IAO, Stryker and SLM Solutions. Moreover, active engagement with a national research capability, comprising eighteen research partners including CSIRO, will bring cutting-edge research capacity.
Supported by an outstanding board, management team and globally leading researchers, IMCRC has the experience and expertise to achieve excellent outcomes for Australian manufacturers and increase their contribution to jobs and exports.