Expanding Profit Potential with Industrial Robots
Costs are on the rise for just about every aspect of manufacturing. Utilities, materials, and labor costs ae up and are continuing to rise with not much sign of stopping in the near future. Many manufacturers operate with slim margins to begin with and these cost increases are further decreasing bottom lines. Automating productions with industrial robots is your best bet to combat rising costs. In fact, lowering costs is one of the main benefits of the FANUC Arcmate 120ic along with other industrial robots. Implementing robotic automation will not only combat rising costs but will allow you to expand your company’s profit potential through the following ways.
Return on Investment
Industrial robots are a smart investment because they will pay for themselves in the long run. Buyers will be able to realize their ROI and in relatively little time. With lower production costs, increased productivity, better quality, ad overall more efficient operations companies can expect a return. Most companies see their ROI within two years of automating. Buying a used Motoman HP20D can shorten the return period as used robots are less expensive than new ones. Once companies have captured their ROI the savings are unlimited allowing for higher profit potential.
Faster Cycle Times
Articulated robots operate at fast speeds at continuous rates. There are no delays or breaks between parts or cycle runs. More products can be completed in less time, helping to reduce manufacturing costs. The faster a product is completed the less money it will likely cost to produce. Faster cycle times mean higher throughput allowing products to reach your consumers sooner. The more products you can sell the higher your revenue can increase.
Industrial robots are able to take on higher workloads than humans. A single FANUC R-2000ib can complete the same workload that would require several workers. Fewer robots are needed than workers to automate a production line. Factories are streamlined and become more efficient.
Manufacturing errors can be incredibly costly financially for companies. Errors can result in defective products, material waste, and rework. They may even cost you customers if faulty products are not noticed before shipping. Robots are accurate and highly repeatable. They increase product quality by mitigating errors and ensure all products are uniform to one another.
It is hard to increase your profitability if you cannot reduce your costs. Robots help companies save on labor, material, and utility costs.
Reduce Workplace Hazards
Manufacturing jobs are associated with a number of potential hazards for workers and unfortunately workplace injuries are common. Hazardous work environments are costly to companies with high workers compensation and lower productivity from labor shortages due to injuries. Automating dangerous and dirty jobs with the ABB 6640 removes workers from an unsafe environment. Fewer injuries occur, lowering workers comp and keeping productivity high.
Robots are highly adaptable. They can automate multiple applications and adjust to changes in production volume, processes, or parts. Their adaptability allows companies to continue to grow, expand their manufacturing capabilities, and keep up with changing consumer demands.
Robots Done Right is the place to start when it comes to used robots. Contact us if you are interested in buying or selling a used robot.