Australia’s ageing population is driving demand for caravan, motorhome and camper trailer rental and purchasing. According to a recent IBISWorld report, the caravan and motorhome industry is projected to grow at an annualised 4.2% over the next five years. With some of the largest companies in the industry estimated to be contributing approximately 70% of industry revenue, how can other businesses increase their revenue?
What does this mean for my business?
Each and every business in the industry faces unique opportunities and challenges; for example, any businesses in the motorhome and camper trailer sector report that they suffer from inefficiencies due to having a number of unreliable, outdated and often “on-premise” business systems in place. While innovative manufacturers are gaining a competitive edge by embracing modern, reliable, cloud technology, the businesses that aren’t are getting left behind.
“It’s only a matter of time before more manufacturers are using cloud technology, so why not understand the technology now and the benefits it brings before you start playing catch-up”, Annaliese Kloé, CEO, Klugo.
What are other businesses in the industry doing?
With many motorhome and camper trailer businesses still using legacy systems, several in the industry are citing that they lack full visibility, which is why more companies are implementing manufacturing software, NetSuite. NetSuite is one single, cloud-based system that equips manufacturers with a unique set of processes, activities and systems specifically tailored to the requirements of different businesses needs. Providing a 360-degree view of your business including; customers, orders, work in progress, items and inventory, manufacturers are assured they have solid and reliable business processes in place. Using manufacturing software, companies can automate production planning and inventory management which ensures that costly errors and delays are avoided, allowing you to focus on customer centric operations and growing the business. NetSuite is a pivotal platform for growth, and continually provides manufacturers with a range of functions tailored to the industry, including the creation of multi-level production jobs and off-site visibility.
We’ve been working within the manufacturing industry since 1949, so we know the industry inside out. We’ve worked with manufacturers to consolidate legacy systems onto one complete platform and have seen these companies grow. Our unequaled industry knowledge means that we know exactly what technology is required to streamline and automate manufacturing businesses, from factory floor and warehouse to sales, support and finance. Get in touch to find out how we can help you grow your business.