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Profit With Robots: How Cobots & Robots can Make You Money with Factory Automation
If processes in your factory are slowing your company down, then it is going to lead to issues with efficiency. Low levels of efficiency will make it more difficult to achieve a high level of profitability and it will also mean that your business is far less competitive on the market. That’s why it’s important for manufacturers to explore how they can ensure that they are reducing costs and making more money.
The best option arguably comes in the latest form of automation. Automation is not a new process. However, thanks to advanced forms of technology, it’s possible to automate various complex elements of a factory floor. This includes replacing outdated technology like pneumatic slides and a variety of other components that were once part of automation lines with more up to date equipment.
Specifically, business owners should be exploring introducing robots and cobots into their business model.
How Can Robots and Cobots Help Your Business?
You might think that robots and collaborative robots are going to be too expensive for your business model. However, robot work cells have decreased by between five and ten per cent for the past decade. As such, they are becoming a far more financially accessible option for business owners.
They provide a wide range of benefits too. For instance, robot solutions can work 24/7 and complete 2-3 shifts in the standard time that it would take a human to complete one. As such, you will be able to ensure that your business is operating at a higher level of efficiency. You can save on labour costs and ensure that you don’t have to worry about issues with an injury that could cost your company a fortune.
How Can Robots Save Your Business Money?
There are numerous ways that robots could save your business money. The cost of robotic production systems is lower than most people anticipate and robot solutions can also help reduce waste. A higher level of precision will mean that you don’t have to worry about correcting mistakes in your business model that takes time and money.
Factory automation systems like this can also provide a high ROI. Since there is a reduced need for breaks, the investment that you spend on robots in your business will pay off in just a few years. You will also be positioning your company for future success in the market.
You can also profit with robots due to improvements in throughput. Robotic factory automation will ensure that cycle times can be reduced. Robots can perform a wide variety of processes at higher speeds and perform more precise movements to ensure that your business is always on target.
The first step to introducing this form of automation into your factory will be reviewing your current processes. In doing so, you can ensure that you know the key areas where you can improve your company and achieve a higher level of efficiency overall. You can also explore what type of robotic systems would support your business model.
How could saving money on factory expenses give your company the efficiency it needs? Click here to read how RoboMotion’s partners save on production costs with cobots.
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