Australian electronics manufacturer REDARC said it will continue its modernization journey through investment in Industry 4.0 technology and training with support from the Advanced Manufacturing Growth Centre (AMGC).
The South Australia-based manufacturer will use a co-funding investment of more than $800,000 to extend its smart factory and skill capabilities across in-house and supplier operations. The project is expected to create up to 35 new jobs.
REDARC, a strong advocate for reinvestment, allocates up to 15 per cent of its yearly revenues to R&D. As a result, the company has developed more than 600 product lines during its 40-year history. Most products are exported to foreign markets in Canada, the U.S., Mexico, Europe, New Zealand, the Middle East, South Korea and South Africa.
The company has a five-step plan:
- 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.
Click here to read the full story from Caroline Tung in Australia’s Manufacturers Monthly.