Gap Analysis Module
- Provides a guide to high value strategic opportunities to further develop your local economy
- Estimates value of ‘Gaps’ in local supply chains and addresses the types of goods and services imported into the local economy
Economic opportunities can be realised through building on existing strengths in your local economy or through addressing current weaknesses. REMPLAN assists in understanding the structure of your economy.
Imports reflect demand in your area's economy for goods and services not supplied locally and therefore represent “Gaps” in local supply chains. Many of the goods and services imported from overseas are priced at a level making substitution with local supply unlikely and in instances, unfeasible. Imports from the rest of Australia however may indicate opportunities for import replacement, increased value-adding and supply chain development in your area. Supply of these goods and services is currently feasible in the Australian context and may provide a guide to realistic, high value strategic opportunities to further develop your local economy. The total replacement of imports with local production is improbable however it may be possible to capture a proportion of this escape expenditure.
The Gap Analysis Module integrates with REMPLAN and automates and organises the process of identifying potential opportunities for import replacement, increased value-adding and supply chain development, for up to 111 industry sectors. The Gap Analysis Module provides valuable data for economic development strategies and has been designed to be easy to use with compelling graphs, tables and charts together with informative commentary.
PACKAGES & PRICING
The Gap Analysis Module is available with some of the following REMPLAN Packages:
Sample of the information displays available in the REMPLAN Gap Analysis Module
Expenditure: Expenditure by each industry sector on goods and services which are purchased from within the region, imported from the rest of Australia and imported from overseas.
Domestic Imports: Value of goods and services which are imported from the rest of Australia into region by local industry sectors.
Industry Escape Expenditure: Value of goods and services imported from the rest of Australia by local industry, by supplying industry sectors from outside the region.
Domestic Imports Table: Table of industry sectors within the region importing from industry sectors in the rest of Australia. These are potential import replacement opportunities.