What Costs Can be Saved with Robots?

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Reduced costs is one of the main benefits of industrial robots. It is also one of the primary reasons manufacturers are automating their factories. Many manufacturers operate with tight margins leaving little room for rising costs. Automating with the FANUC R-2000ib/210F allows manufacturers to combat high costs for healthier profit margins. Lowering costs allows companies to remain competitive, expand manufacturing capabilities, and survive long-term.

Studies have shown robotic automation can reduce costs by 20% to 40%, providing robust savings. Labor, liability, material, and utility costs can all be saved by implementing industrial robots.

Lower Labor Costs

The first type of cost that can be saved with robots is obviously labor costs. Automating productions with industrial robots means replacing some or possibly all of your manual labor. While industrial robots initially have a higher cost than workers, in the long term they are more affordable. The payback period for robots is relatively short, usually within two years. Once a company has captured their return on investment savings become unlimited producing a positive cash flow. Workers will always cost companies money with annual salaries, paid time off, sick days, healthcare, and retirement account costs. Automating with the FANUC Lr Mate 200id/7L or another articulated robot will largely reduce or eliminate these expenses.

Reduced Liability Costs

The dangerous nature of manufacturing jobs means many companies incur high liability costs with workers compensation and disability claims. Work related accidents, stress injuries, broken bones, and long term health problems are common in manufacturing. Automating dangerous, repetitive, or hazardous tasks creates a safer work environment by removing workers from these positions. Using industrial robots instead of manual labor reduces liability costs for manufacturers. The ABB 6640-180/2.55 can lift heavy objects without the risk of injury unlike with workers.

Lower Material Costs

The cost of many materials such as metals and wood, is on the rise. Regulating the amount of material used can be difficult with manual labor. Humans are error prone and unable to replicate movements, which can make material use unpredictable. The waste and overuse of materials can significantly increase production costs and eat away at profits. Automating with six axis robots reduces human involvement thus mitigating errors that lead to scrapped parts and rework. The accuracy and repeatability of industrial robots prevents errors and allows for control over the number of materials used. Material costs are not only lowered but become more predictable allowing for better budget planning.

Reduced Utility Costs

One type of cost that can be reduced through robots that may not be apparent is utility costs. Industrial robots are energy efficient, consuming less energy than other forms of industrial machinery. Some small robots can even run entirely from battery power. This helps reduce electricity bills. Robots also do not require the same lighting and climate controlled environments as humans. Industrial robots can operate in dim lighting without compromising accuracy. They can also operate in hot or cold environments reducing the use of heating or cooling. Utility bills can be drastically reduced by automating production lines with industrial robots.

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.