Reducing costs is one of the key benefits of robotic applications. In a highly competitive global market, manufacturers need to keep costs in check in order to keep up with competitors. In fact, the need to reduce costs is one of the main reasons many decide to transition from manual processes to robotic applications. Even other forms of automation, such as fixed machinery, do not provide the same saving benefits as robots. Industrial robots are intelligent, adaptable, and efficient, allowing companies to significantly reduce their production expenses.
Cutting Material Waste
One of the biggest profit killers in manufacturing is material waste. Materials can be expensive to begin with. The last thing a manufacturer wants is to have to scrap those expensive parts or materials. Manual manufacturing methods can result in high amounts of material waste, driving up costs. Workers may make mistakes that result in the over use or scrapping of parts. This can lead to workpieces needing to be restarted or the use of additional material to correct mistakes. In either case, material costs will increase. However, deploying robotic applications has been a proven solution to cut costs related to materials. Robotic applications are programmed to follow the exact parameters with every application run. Parts turn out accurate the first time because robots operate with precision and high repeatability. For instance, a FANUC M710ic/50 is able to precisely cut materials by following the programmed path. This prevents the robot form deviating and cutting too much material that would result in waste. Robotic applications can make high material costs obsolete.Improving Operation Efficiency
Inefficient processes can be a major contributing factor to high costs. Inefficient manufacturing can result in slow cycle times, poor product quality, and low productivity levels, all of which can have a negative impact on profit margins by raising costs. Robotic applications are designed for optimum efficiency. Robot applications can be completed in significantly less time than other manufacturing methods. The fast-operating speeds, 24-hour operation, and precision of industrial robots all reduce cycle times. Faster cycle times are the result of an efficient process and the less time is spent on producing a product the less money it will cost.Lower Operational Costs
Throughout the years, robotic applications have become more affordable to operate, helping reduce operational costs. Robotic applications are performed by robots which do not require an hourly rate or benefits. The cost of robots has been on the decline and with the growth of the used robot market, they are more affordable than ever. Declining prices allows companies to quickly capture their ROI, making the operational costs of robotic applications less expensive than pricey fixed machines and workers.Robots Done Right is the place to start when it comes to used robots. Contact us if you are interested in buying or selling your used robot.