Most industries have embraced the use of robots to perform various industrial tasks on behalf of company employees. That is because of the immense benefits accruing from robotic automation. Robots have boosted the productivity of various companies and increased their competitive advantage.
It is great to integrate robots in routine industrial operations. Robotics contributes to profitability in various ways.
Diminishing Industrial Waste
The integration of robotics in industrial manufacturing facilitates the reduction of wastes. Waste reduction occursin various ways. Robots are very precise and consistent in their operations. Therefore, the robots facilitate the saving of the treasured materials, as it ensures that only the required quantity of material is used. Compared to human labor, employees may over quantify the amount of material needed for manufacturing, and cause wastage.
Moreover, the high precision of the robots ensures no mistakes result in the manufacturing process. Therefore, quality produces results, which leads to customer satisfaction. Additionally, quality products sold to customers will definitely translate to a happy and loyal customer, who will buy more from the company, and result in increased sales. Finally, wastes that could have resulted, due to customers return inwards as a result of a poorly done job, are eliminated. Also, costs related towaste removal diminishes.
Facilitate Fast Return on Investment (ROI)
Assembly line robots, despite being expensive, you can be sure that the returns will accrue very fast. The quick ROI can be attributed to the diminished need for pauses, holidays, or sick leave. They consistentlywork until they are done with the job that they have been programmed to perform.
The assembly robots can work round the clock without tiring, or stopping unless they have broken down and require some maintenance and repair. Therefore, through the increased rate of realizing ROI, profitability is realized.
Proper Space Utilization
Given that robots can be installed in confined spaces, whereas others can be attached on the walls, ceilings, pedestals and on shelves. Therefore, there is floor saving, which if operating using the human labor would necessitate theoccupancy of a large floor area. Moreover, assembly robots reduce the need for additional fencing. That way, costs related with floor area and space fencing is eliminated, translating to increased profitability to a firm.
Industrial robots replace humans in handling the dirty and dangerous workin the assembly industry. Industrial processes involve the emission of fumes, dust, sparks, plus arc glare. Moreover, some of the industrial jobs such as loading and unloading, and material transfer involve the use of excessive body energy. This is not good for employees as it exposes them to harm.
Therefore,the assembly robots’ integration in the industry will aid in eliminating the employees from injury and danger. That way, money that would usually be utilized in compensation and accident claims is reduced. That money can be channeled to other productive sectors in the company, which then translates to increased profitability.
Assembly robots lower part cycle time by a greater degree. That is attributed to the robot’s ability to operate at very high speeds, ability to handle heavy loads of work, and operate with high precision as it handles its jobs.
Therefore, by making a proper selection of the kind of tasks for the robots to handle, for instance, the repetitive and hazardous jobs, then you save on time and allow more products to be produced in the shortest time possible.That way, increased demand for certain products is met. Moreover,employees are set free and can now focus on other value-adding jobs to the company, resulting in increased profitability for the company.
Assembly line robots are effective in multiplying a company’s profits. Company profits increase with reduced wastages, enhanced throughput, employees’ safety, and minimizing space requirements. The robots are effective in their way of operation as they operate with great levels of accuracy, precision, and consistency.