Business 4.0
Full Circle Robotic Return on Investment By: Sarah Mellish, Marketing Content Specialist at Yaskawa America, Inc. - Motoman Robotics Division
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arnessing the power and capability of robust robotic automation for greater productivity gains is the ultimate goal of any robot installation. Unfortunately, constant market pressures and customer demands have a way of pulling key personnel in a myriad of directions, pushing a keen focus on return on investment (ROI) to the wayside. While the presence of robots and other advanced technologies alone may be enough to deliver transformative change to an organization, that does not necessarily mean a company has reached its full potential for achieving ROI. To regroup and circle back towards a path of optimal productivity, there are five key steps manufacturers should consider taking.
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10 IMD MAY 2021
Execute a Strategic Plan From employee buy-in to robot redeployment and everything in between, manufacturers should utilize a thorough agenda with best practices and achievable action steps to facilitate smooth installation and peak performance for capital equipment. While robots today are extremely reliable, each should have a well-maintained life cycle that includes:
Proper Installation Crucial for the robot, as well as any peripheral equipment, it is strongly advised to partner with experts from a knowledgeable robot supplier or integrator during the initial setup process. Many company
