The Malaysia Productivity Corporation (MPC) and iPlast 4.0 Sdn Bhd signed a Memorandum of Understanding (MoU) on 5th October. This seals the agreement between the two parties to commit to the implementation of Industry 4.0 in the country through a programme called “Audit for Industry 4.0 Readiness and Roadmap Development toward Industry 4.0 Ready”.
Industry 4.0 refers to the current trend of automation and data exchange in manufacturing technologies. It includes cyber-physical systems, the Internet of Things (IoT), cloud computing and cognitive computing. Industry 4.0 creates what has been called a “smart factory” or “smart manufacturing”.
Industry 4.0 is also known as the Fourth Industrial Revolution and has filled many physical systems, such as transportation, water, manufacturing, computing, and so on.
iPlast 4.0 has professionals with expertise in Scientific Moulding, Smart Maintenance, LEAN Automation and Smart Manufacturing, and is on a quest to help Small Medium Enterprises (SMEs) to take their 1st step towards Smart Manufacturing. iPlast 4.0 is currently working with the German Innovation Centre for Industry 4.0 to conduct the Injection Moulding 4.0 Readiness Audit for the plastics industry.
The company has successfully helped SMEs in Taiwan to embark on their journey towards Smart Manufacturing. The Principal of iPlast 4.0, Anston Tan is hopeful that Malaysia can follow suit.
“A comprehensive audit with a low baseline allows us to have a correct understanding on the starting point. This will help tremendously in formulating a suitable tailored made development road map for the SMEs,” he said at the MOU signing ceremony at the MPC headquarters.
MPC Director General Dato’ Mohd Razali Hussain also said: “We need to speed up this audit activity for the plastics industry and duplicate the success model across all other sectors such as the service industry.”
Meanwhile, MPC Deputy Director General AB. Rahim Yusoff said that the programme is in line with the goals of the Eleventh Malaysia Plan (11MP: 2016 – 2020). As of 2016, the country’s productivity level stands at RM78,218, while the productivity growth is 3.5 %.
The Industry 4.0 programme is expected to increase the national productivity level to RM92, 300 and the productivity growth to 3.7 %.
With the increase in productivity levels, skilled labour shortages in the plastics sector can be easily overcome, as well as put the industry on the right footing towards a more competitive level.