Redarc Electronics has announced an Industry 4.0 technology and training project, which is receiving $399,770 in support through an Advanced Manufacturing Growth Centre grant.
According to a statement, it will further develop the project lead’s workforce, Industry 4.0 technology adoption, and business processes “through collaboration with key supply chain partners and expert local service providers.”
It proposes five complementary activities, listed below:
- Predictive alerts: Interactive and automated statistical process controls
- Quality alerts: Real-time production cell digital assistance
- Design and validation of future production cells using Augmented Reality
- Capability audit: Industry 4.0 maturity re-assessment
- Training: Development and delivery of Industry 4.0 staff and supply chain training modules hosted on AMGC’s Manufacturing Academy.
The collaborative project involves Advanced Focus, Minitab, Swinburne University, Artis Group and CADWalk, and has a total budget of $803,540.
Redarc is a renowned investor in its own business, and has an R&D budget of up to 15 per cent of annual revenues, which has supported over 600 product lines being introduced over its 40-year history.
It says as many as 35 new jobs could result from the completed project.
“Industry 4.0 is more than a buzzword; it represents the next leap in technological prowess and competitiveness. It should however be viewed as a journey without end, because after digitisation there will be something else to adopt to ensure we maintain our competitive edge,” said Andrew Rogers, Manufacturing Engineering Manager for REDARC.
“It’s important that we bring our suppliers along in the process, as we prefer to control our quality and supply chain by making sure all parts of this chain work together.”
AMGC Managing Director Jens Goennemann praised Redarc as an example of what manufacturers could achieve through investing in themselves.
“REDARC understands the value of investing in people and equipment, and the competitive edge it delivers the company. By doing so, they remain globally relevant, competitive and a beacon for other local manufacturers,” he said.
Picture: Kittel and Goennemann (supplied)
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