Royal Wolf Trading – Wolf Lock
Royal Wolf Trading – Wolf Lock has been selected as an ABA100 Winner for New Product Innovation in The Australian Business Awards 2019. The Australian Business Award for New Product Innovation [NEW] recognises innovative products and services recently launched to market offering a point of difference from their competitors.
Established in 1995, Royal Wolf Trading is an Australasian domestic container hire, sale and specialised modifications business offering services to consumers, retail and corporate customers. The Royal Wolf network consists of 39 company locations across Australasia with 292 employees.
Royal Wolf’s Wolf Lock container was engineered at the Centre of Technical Excellence facility located at Banyo near Brisbane over a 12-month period. In 2017, Royal Wolf was granted an innovation patent with the Australian Government and is designed in accordance with the requirements of AS 4100-1998.
The Wolf Lock was launched into the Australasian shipping container market in August 2018 and is designed with an easy to use container door access system that is customer friendly. Containers fitted with the Wolf Lock still provide the same secure, weather and vermin proof storage as conventional containers, but they are easier to open for fast, regular access and can be opened from inside the container in case of accidental door closure. In terms of safety, this is a significant game changer.
The Wolf Lock can be opened with a single motion using light pressure and there is no bending or stress involved. From the inside, the emergency exit handle is fitted with a glow in the dark label so it can be easily located in the event someone is in the container when the door is closed.
With the growth of use of traditional shipping containers into the consumer and retail market as an alternative storage option, standard opening systems do not provide adequate functionality or safety features, particularly addressing Work Health and Safety practices in the workplace.
Since the initial launch of the Wolf Lock, the design has been enhanced to include a rubber handle for easier grip while opening, as well as an expansion of the fleet to include 10ft and 40ft containers to meet the market requirements.
The Australian Business Awards are an annual comprehensive awards program which recognises organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement via a set of established business and product award categories.
The Australian Business Awards are the national chapter of an integrated, hierarchical leadership initiative conducted on a national and international level. Eligible organisations are invited to participate in the international chapter of the program at The World Business Awards whereby participants are provided with the unique opportunity to benchmark themselves against the top performers globally.
The process culminates in the selection of organisations which implement world-class business initiatives, projects, products and services. The award recipients are recognised as the elite of their industry earning a place amongst a distinguished group by having their achievements acknowledged and celebrated.
Organisational eligibility includes private companies, publicly listed companies, multinational subsidiaries, not-for-profit organisations, non-government organisations, educational institutions, franchise systems, partnerships, government departments, government agencies, local government and statutory bodies operating in Australia.
Organisations are required to complete a submission for a specific business initiative, product or service.
Business initiatives can include but are not limited to projects, programs, processes, systems, technologies, developments, ventures and undertakings.
Products can include but are not limited to services, devices, equipment, programs, processes, activities, applications, information, knowledge, software, cloud-based services, platforms, systems and manufactured goods. Products must be commercially available on the Australian market and comply with all applicable Australian standards and regulatory requirements. Product eligibility includes domestic and international products available to the Australian marketplace.
The World Business Awards Framework (WBA Framework) is utilised as a structured model of assessment that enables the participating organisations to be benchmarked against world class performance standards.
The Framework consists of specialised assessment modules pertaining to the evaluation criteria for each of the award categories. The criteria and sub-criteria provide a robust set of requirements that are used as the methodology for benchmarking and learning among the participating organisations.
Organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement are recognised via a set of established business and product award categories.
The program provides a notable opportunity for high-performing organisations which implement world-class business initiatives and develop innovative products and services to be acknowledged and celebrated for their achievements both nationally and internationally.
Conducted annually, the program engages with organisations worldwide to benchmark the full spectrum of their products, services and initiatives and to review their business performance through a global recognition and knowledge building initiative that is underpinned by the program’s established framework.
The program provides the ultimate platform for building knowledge, increasing brand awareness, equity, loyalty and retention through increased exposure, recognition and prestige.
I am so proud of the expertise and passion of the team at Royal Wolf, and this award is testament to their dedication to creating industry leading products that make our customer’s lives safer and easier. The Wolf Lock is revolutionary for the Australian shipping container industry and a game changer in terms of safety. Winning this award will help raise the profile of The Wolf Lock in market and help us continue to build a portfolio of innovative containerised solutions that put our customers’ needs first.