Definition of Advanced Manufacturing
Posted: 3rd Mar
Advanced Manufacturing is universally considered difficult to characterise. Here is a great description from the Australian Manufacturing Technology Institute.
"Advanced Manufacturing is defined under the Entrepreneurs' Infrastructure Programme as businesses that adopt innovative technologies or business practices to improve or develop manufactured products, processes or services. This includes the adoption of improvements or innovations across any of a range of manufacturing steps, such as concept, research and development, design, production, logistics, marketing and after-sales services, in order to achieve high-value products, services or business outcomes, including improved responses to market demands. It also includes businesses that supply integral services, technologies or inputs to the manufacturing processes of businesses described above."
Shane Infanti
AMTIL
Chief Executive Officer
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