The report from the International Federation of Robotics (IFR) shows that the global annual sales of industrial robots reached $165 billion in 2018, with sales expected to increase annually from 2019 to 2022. In various industries and use cases, robots have proven to enhance productivity and efficiency in the production process, resulting in faster output, higher quality, and greater flexibility. Therefore, more and more organizations are considering investing in automation.
Is your organization considering investing in warehouse autonomous robots? In addition to the well-known benefits of improving business productivity and output quality, here are four lesser-known benefits of investing in warehouse autonomous robots to further support your investment.
Introducing robots into your manufacturing and production processes can improve employee working conditions. Warehouse workers can rely on robots to handle heavy items and send robots to work in relatively more dangerous or unstable environments. This greatly reduces the risk of serious accidents, helping to maintain the health and safety of employees.
Furthermore, by teaching employees to operate the latest robot systems and software, you provide valuable programming skills that are in demand in the industry.
By freeing up time from manual and repetitive tasks, your employees can perform value-added work that has a more powerful impact on your business. In short, investing in robots equals investing in your workforce.
As Industry 4.0 continues to evolve, global organizations are beginning to recognize and advocate for the importance of data and the insights it brings. This has led to an emphasis on measuring and tracking various parts of the industrial value chain. With robots, measurement records and analysis become easier.
For instance, a customer may require weekly submission of consistency reports on product checks. For human workers, it can be difficult to confirm what they are doing at any given moment, and reporting data can be a tedious and time-consuming task.
By digitalizing these processes using robots, businesses gain more control, traceability, and predictability. In today's operational environment, data is a valuable commodity, and your investment in robots allows you to access consistent and accurate data.
The year 2020 and its events reminded organizations that they operate in an unstable and uncertain environment. The pandemic forced businesses to quickly respond to volatility in supply and demand shocks in the global supply chain. In this unstable environment, the ability for businesses to be flexible and decisively adapt to sudden changes is crucial.
For manufacturing and production companies, robots can add much-needed flexibility to production lines. Once programmed, they can easily switch processing tasks, helping businesses meet changing customer demands with minimal effort. Robots can also be quickly added or removed from the production line when needed. The ability for businesses to meet evolving consumer demands and rapidly respond to crises or opportunities will be a crucial competitive advantage.
In any investment, businesses are eager to know how long it will take to recoup their initial costs and start generating profits for the company. For warehouse autonomous robots, the attractive investment payback period is generally estimated at around 2 years.
Clearly, the reasons for investing in warehouse autonomous robots go beyond just improving productivity and quality. Businesses can be confident that their investment in robots will bring multiple benefits to their operations, employees, and customers.
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