Solution For The Problems Of Redarc Electronics †MyAssignmenthelp.com

Question: Discuss about the Solution For The Problems Of Redarc Electronics. Answer: Introduction In the advanced twenty-first century, the application of electronics and computer engineering based tools, devices are at the high and the manual based activities are gradually decreasing (Ruiwale, Kadam, Kulkarni, Jadhao, 2015). The more developed the countries are, the best possible electronics devices they are using. The growing demand for the electronics devices is also needed the repair and maintenance service which mostly depends on the manual expertise of the technicians. In the modern era, the demand for repair and maintenance of the electronics devices are at the high. On the other hand the robotic technology has also increased in the past decade and mostly the developed countries (Srivastava, Kumar, Singh, 2015). The robotic technology has the application in the household works, organizational production, driving services, controlling system in the toys and in the agricultural facilities. This shows that not only the use of electronics devices is increased over the time b ut also the robotics technology has strengthened the use of advanced technology in the best possible way (Uralath Singh, 2014). This business case report is based on pitching a solution for the problems faced by the Australian electronics items manufacturer Redarc Electronics. Our expert team will provide a best possible solution for the business case after analyzing the problem statement. Problem case Mostly the repair activities are based on welding and small parts altering in the system of the electronics devices. Though the current manual based welding and repairing system has the possible solution for the defective devices, in many cases the devices are also damaging due to lack of the expertise and skill of the technicians (Sachan, Patil, Biswas, 2017). Another problem is the high cost of acquiring the expert employees and waiting period for the fresher technicians to gain the expertise. It is evident that the cases solved by the manual based technicians in Redarc Electronics are not satisfactory in providing a fast service to the customers. The after sales service of Redarc Electronics is mostly unsatisfactory as the engaged technicians are not efficient enough to handle the critical defective cases arising at the service centers. The company is mostly using the less experienced or fresher candidates to minimize the repairing cost with a motive to minimize the cost of produ ction. This is directly affecting the efficiency of the company as it is lacking in providing a fast repair service to its customers (Ang, W., Lim, 2009). Possible Innovation and Business Model The manual-based welding and repairing services has forced to think an innovative idea which will facilitate the company in providing fast repair service to the customers. As the twenty-first century has the growing record of robotic technologies in most of the aspects of life, the new concept of robotic welding can be the probable solution for the problem arising due to manual welding activities done by the technicians (Kose Tatli, 2016). Our client organization Redarc Electronics will be based on this innovative solution. The innovative solution will replace the manual repairing services provided by the company with a comparatively less costly robotic welding service. It will strengthen the business of Redarc Electronics in its Australian territory by providing a fast repairing service to its customers over the defective issues covered under or after the warranty period. Benefits of the Innovation Our suggested innovation idea will not only facilitate the company in providing the customers a hassle-free service in terms of repair and welding of the defective devices but also satisfy the customers in getting their defective devices repaired within the same day or the earliest. Mostly the robotics welding will approximately provide a 10x first speed to the customers without the need of technicians or experts (Puschner, Klein, Klzer, 2015). By adopting our robotic welding service, the sales revenue of our client companies will increase to the highest as the customer value will be enhanced by us. As the requirement of technicians will be the least the operating wages will also be minimized effectively. All the electronics devices provided by Redarc Electronics will have more durability as they would be repaired with the robotic technology which ensure of the handling and maintaining the defective devices with utmost care (Narayan, Ramakrishna, Sarcar, Rao, 2014). Strategic Plan To execute the innovation proposal provided by our expert team, the company needs to understand the concept of Robotic Welding so that the execution activities could be undertaken efficiently. Robotics Welding is based on the mechanized programmable tools which will detect the defect of the device and handle weld the device automatically (Kah, Lu, Martikainen, Suoranta, 2013). Commonly, the robotic welding is based on arc welding and resistance spot welding. Most of the electronics devices of Redarc Electronics are based on these two types of welding which will suit the robotics welding comfortably. Firstly, the robotic welding devices will be bought from the least cost suppliers through a open tender. The most important factor of the robotic welding is the programming used in it; hence the supervisors should understand the programming system efficiently. The workshop design of the existing service centers also needed on an immediate basis as without which the robotic welding conce pt couldnt be executed (Bui, Nguyen, Chung, Kim, 2003). As the most of the technicians will be replaced with the robotic welding system, the replacement should be done in relation to experience basis. The robotic welding system is needed the expert supervisors which will regulate the programming system of the robotic technology in identifying or detecting the defects, analyzing the deepness of the repairing, handling and welding activities needed and instruct the robotic system. It is the responsibility of the management to choose the experienced technicians as the supervisors and make them trained with the software and hardware knowledge about the robotic welding system (Norrish, 2009). Project Options Analysis The problem case of Redarc Electronics could be solved by selecting more experienced technicians. The current problem could be minimized by 30% if the option is adopted but it will cost more to the company as the after sales service expenses of the company is projected by 8% of the total cost of production. Hence the option in solving the problem couldnt be materialized in the practical concern. Though most of the companies are following this strategy still it is not effective for Redarc Electronics in terms of cost of the service to the company (Devarasiddappa, 2014). The second option for solving the problem case is by adopting the robotic welding service which we have suggested to the company. Though this will be a one-time investment and costlier than the first option but the effects of the installation will be long term. The one-time investment will spread over a term of 5 years which will lessen the cost of the after-sales service than the first option (Singh, Sellappan, Kumaradhas, 2013). Delivery of the Innovation Along with the robotic welding service, the filing of the customer cases would also record by using the robotic system. After arriving at the service centers, the customers are needed to enter the detail information of the device of Redarc Electronics in the computerized system which will be checked by the robotic technology. The small items will be repaired by using the robotic welding whereas the big items will be repaired through mobile robotic welding service delivered at the customer premises. Mostly, our innovation not only suggests an end to end repairing service by the company to its customers but also the use of advanced technology in keeping its market position ahead than the other marketers (Hooda, Dhingra, Sharma, 2012). Net Present Value (NPV) The Net Present Value of Redarc Electronics is targeted at $88,655.15 which will be the result of the cash inflow of the first years investment of $2,000,000. At a discount rate of 10% the net cash inflow will be in the first year $500,000, second year $750,000 and at the last year it will be $1,350,000. By installing the Robotic welding in the organization in its after sales service, Redarc Electronics will have an overall impact on the business development. With an investment of $2,000,000 the company will generate more than double of it within a period of three years. Conclusion The proposed innovation by our consulting to the team will hopefully pitch with a satisfactory solution to the company Redarc Electronics. Being involved in the field of electronics for more than two decades, the company has a wide experience in maintaining its business activities efficiently. The only thing it needs to strengthen is the after sales service which will be maximized through our innovation proposal. Moreover, our pitched business innovation is based on long-term effects on the overall business development which will also facilitate Redarc Electronics (OECD, 2005). Our innovation is also based on attracting more investors for the organization through creating a value-based service delivery platform by utilizing advanced technologies. All the business activities of Redarc Electronics in the Australian territory have a satisfied customer scenario which will be enhanced to the maximum by enabling the company to become the market leader in electronics in Australia (Sharma, G opal, Sharma, 2013). Recommendation Before installing the innovative idea, Redarc Electronics also need to arrange the criteria for an easy running of the robotic welding plan at its premises. As most of the existing service centers of the company havent the relevant platform to redesign and install the plan, hence the rearrangement for new service centers should be commenced (Andersson, 2014). The manpower going to engage in the execution should be specially trained by the company as the faulty regulating activities done by the supervisors could may not only damage the robotic welding system but also the devices are given for repairing the defects. Bibliography Andersson, M. (2014). Business Development and Growth Strategies. Process IT Towards 2020 , pp. 1-23. Ang, M. H., W., L., Lim, S. (2009). A Walk-Through Programmed Robot for Welding in Shipyards. Industrial Robot , 26 (5), 377-388. Bui, T. H., Nguyen, T. T., Chung, T. L., Kim, S. B. (2003). Welding Mobile Robot. International Journal of Control, Automation Systems , 1 (1), 35-42. Devarasiddappa, D. (2014). Automotive Applications of Welding Technology A Study. International Modern Engineering Reserch , 4 (9), 13-19. 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