Product and Innovation
Research and Development Strategy Transformation 2017-2020 was developed in order to shape IRPC’s research and development to be world class and competitive to sustain IRPC business. IRPC’s three-prong innovation and development strategy consists of:
- product value addition (by entering the special-grade product market where quality is high in parallel with production cost management);
- technological and product development, including expansion to new businesses that align with global trends;
- establishing suitable processes and tools; and upgrading R&D personnel.
2. Management System/Process
Innovation is one of the key drivers of companies’ future success and therefore one of their top priorities. Innovation drives product, process and organizational change and is the key differentiation factor for companies.
The process for innovation research and development starts with idea generation. The ideas are gathered from in-house employees and research collaboration with external researchers and experts. Those ideas will be assessed considering the potential benefits and the efforts for developing the ideas to commercialization phase.
Innovation is a process that depends on a variety of factors such as knowledge, experience and creativity. In order to access, collect and combine those factors, a variety of collaborative input channels are available.
Open Innovation Management has been focusing on strategic formulation to drive successful R&D Product & Technology Roadmap execution, seeking new technology to fulfill product development portfolio by open innovation with academic and research institutes such as VISTEC and NSTDA including cooperation with international technology incubator to invest in technology startup company. In addition, to increase capability of product commercialization, a simulation tool has been applied for product scale up.
R&D for value added products have been focusing on cross functional collaboration with marketing, production engineering and other stakeholders involved in the product development value chain. The R&D ecosystem has also been improved in order to facilitate the acceleration of product development including increasing number of talent researchers, improving the current researcher capability, increasing advanced research equipment and instruments. This development aims for cost reduction and margin enhancement leading to product competitiveness and fast response to customer requirement.
For more information on our product innovation, please visit Innovation Products
Information Technology System
IRPC’s goal is to improve IT operations by raising the efficiency of infrastructure and networks to accommodate IT expansion, command international management practices, ultra-high security, promotion of technological application in all sectors of work. IRPC expands and improves ERP (Enterprise Resource Planning), a core system, for application in IRPC affiliates and aids internal administration while cutting operating costs. Development of CCMS (Continuous Control Monitoring and Auditing System) leads to an effective internal control system, which in turn induces widespread corporate governance practices. Finally, development of IT security standards on a par with ISO/IEC 27001:2013 Infrastructure (Data Center, Core Network and Virtualization System) of international information security standard.
IRPC is committed to the research and development of new products to meet the different requirements from customers and development of environmental-friendly products which creates more business opportunity and helps IRPC to be able to adapt to the change in economy, society and environment, which leads to sustainable growth.