Platform to help growth of industry
THE annual KwaZulu-Natal Manufacturing Indaba will bring together provincial manufacturers and businesses to explore growth opportunities, uncover the latest manufacturing incentives and trends, and provide opportunities for networking and collaborations.
The event, to be held on August 22 at the Durban International Convention Centre, will have a range of sessions discussing several topics, including the Fourth Industrial Revolution, maximising the market for manufacturers and accessing new markets for manufacturers.
The conference will host forums on the Fourth Industrial Revolution and its implications for manufacturing units within the sector.
“Well-versed industry leaders will impart their knowledge of opportunity development and management of threats, whilst proactively implementing strategies to fortify competitive advantage and boost profits through the digitalisation of manufacturing operations,” the conference organisers said.
Panel discussions focused on the theme have been devised to educate both small and large manufacturers on the relevance Industry 4.0 has to every company.
Another session will delve into how industry players in the sector can thrive by maximising the manufacturing market, making use of government grant incentives.
“Various tools are available to support industrialists in this endeavour and these will be thoroughly unpacked, while a greater understanding of how government can contribute to the success of such firms though various incentives, investment opportunities and financial solutions, will also be explored,” the organisers said.
Other forums will provide information about various financing opportunities available and will also look at the numerous conditions that have to be met by candidates in order for businesses to gain access to funding initiatives.
The productivity debate is another topic to be discussed at the indaba.
“Adopting technology, cultivating talent across the generations and encouraging skills acquisition are fundamental factors to enhance productivity rates within the sector. Implementation of such strategies will be explored in detail to encourage manufacturers to grow their establishments and create a competitive edge,” the organisers said.
Tools to support industrialists will be unpacked, plus incentives, opportunities and solutions explored