Why Industrial Robots are a Cost-Effective Investment
When it comes to purchasing industrial robots like the FANUC M-20ia or the Motoman HP20, it is often referenced that robots are a cost-effective investment. Even though this is one of the most well-known benefits, many are still hesitant to take the plunge into the robot world because of the initial cost. While industrial robots are a big investment for any size manufacturer their cost-effectiveness outweighs their initial expense. Automation through robotics can allow companies to quickly recapture their ROI, however for those new to robots it can be hard to see exactly how they can produce savings. Below is a breakdown of the key area’s robots help manufacturers save in their production process to make larger profit margins a reality.
Increased productivity is where industrial robots really shine in terms of cost-effectiveness. Robots operate at much faster speeds than humans regardless of the application being performed. The FANUC Lr Mate 200id is capable of transferring parts at a rate of 100 parts per minute, that throughput rate is unmatchable with humans. In addition to their fast pace, robots can operate for 24 hours a day with no stoppages for breaks, shift changes, or vacation. Increased operation hours allow for more products to be produced in shorter cycle times. The faster products reach consumers the less cost is involved as time often equals more money.
Inefficient manufacturing processes can greatly affect a company’s bottom line. Decreased productivity, longer cycle times, and high costs are all issues caused by inefficiency. However, adding robots to a production line can increase efficiency and further prove their cost-effectiveness. Arc welding robots, such as the FANUC Arc Mate 100ic, can handle the workload of 3 to 4 workers, helping to reduce overhead. Many industrial robots can complete multiple applications of a production cycle, eliminating the need for several workers. For example, the ABB IRB 6640 can load and unload parts, spot weld, and then package the finished product. In addition, robots are programed to automatically move from part to part within seconds, unlike workers who may stop to take a break or adjust equipment. As manufacturing processes become more efficient, time and money are saved as a result.
Wasted materials can quickly drive up operation costs for manufacturers. Robots establish their cost-effectiveness through reducing material waste with their accuracy. Industrial robots like the Motoman MH50 are programmed for repeatable accuracy that ensures applications are completed correctly the first time. Scrapping materials due to mistakes becomes a thing of the past with the precision of robots and companies will see their bottom lines improve with reduced waste.
Although worker safety may not seem like an obvious factor for cost-effectiveness, it is a key contributor. Worker injuries are common in manufacturing due to their laborious nature. When workers are injured costs rise with worker injury compensation claims and time-off for recovery. While robots have been taking over dangerous jobs from workers to increase safety, it has also proven to be cost-effective. Worker injury claims are reduced by moving people to safer positions and allowing robots to take over. Robots are not susceptible to injuries and also prevent any production delays due to injury. Robots keep production move regardless of hazards, helping companies save and stay profitable.
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