Excellence in Innovation Sponsored by Department of Industry & Science
WRI Australia won this award for their Raptek product. The Ferruled Dump Rope arose through a challenge presented by a client – “make a safer and less time consuming process of changing out drag-line ropes”.
WRI Australia employed a strong innovation process that included risk management, patenting and process redesign.
The resultant product has achieved significant market penetration in the face of strong international competition.
This innovation highlights how looking differently at problems can create competitive advantage and potentially new market opportunities.
Highly commended was awarded to Dywidag Systems International Pty Ltd
Other Articles from this issue
APP Corporation appointed to new Armidale Hospital
APP Corporation (APP) has been appointed as Project Manager for the $60M Armidale Hospital redevelopment project.
Excellence in Safety Sponsored by Port Waratah Coal Services
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GROWTH OPPORTUNITIES IN THE ASIAN CENTURY
In 1990 China and India contributed approximately 10% of global GDP. By 2010 this number had risen to 20%. By 2020 the ...
State Government assists massive Dungog clean up
Clean up of Myall Creek, which runs through Dungog, has commenced.