Three reasons to invest in automation technology
Three reasons to invest in automation technology
According to a 2019 Peerless Research Group survey, there is an ongoing, measured push to infuse automation into the warehouse. Of the 32% of companies looking to invest in automation technologies in 2020, almost half of those respondents wanted more automated processes and smart planning technologies. These technologies are sweeping the manufacturing industry as they offer the potential for businesses to save immensely in errors and turnaround time, but it can be challenging for companies to determine what technologies will work best for their business goals.
Both predictive maintenance technologies and Manufacturing Execution System (MES) software are great places to start when looking for automation solutions. While the benefits of automation vary, innovating with new technologies has the power to improve safety, quality assurance, production efficiencies and more, however, these automation technologies can come at a high cost and must be carefully considered. The following best practices offer insights into some of the top use cases for automation technology and shed light on the key reasons why organizations invest in the technology.
1. Clear visibility into technical processes
Organizations are constantly looking for ways to improve operational visibility in an effort to make more proactive, informed decisions. No matter the size or complexity, chances are operations are based upon a blend of legacy and modern infrastructures that are key workflow components of the supply chain. That’s where automation technology can enter the picture and weave these pieces together to make a cohesive and agile system
To gain clear visibility into technical operations, an organization needs to be prepared for what’s to come, which means that key decision makers must always remain ahead of the game in order to execute tasks with precision and efficiency. Automation tools make this possible by empowering leaders to make data-driven decisions with the utmost accuracy. For this reason, implementing automation technology is one of the most impactful choices a team can make on its digital transformation journey.
2. Enhanced reliability for smooth operations
Optimizing the performance of your machinery is key to meeting customer expectations and delivering a quality end product. In order to do so, companies need predictive maintenance and forethought to anticipate issues before they disrupt operations. Implementing these processes allow organizations to make the critical shift from a reactive to proactive response. Instead of correcting an operational malfunction during or after it’s occurred, business leaders can embrace a preventative mindset by deploying predictive maintenance tools that blend sensor technology and cutting-edge software for such predictive assessments. With these tools, manufacturers can identify issues before they impact the bottom line and promote a smooth run of show.
3. Maximizing the potential of valued resources
The need for efficiency has never been greater, as organizations work to manage operations during a global health crisis, with reduced staffing and limited resources. When looking for ways to optimize productivity, organizations must take careful stock of available resources and human capital. Companies oftentimes must work with what they have, and consider what investments can be made in new automation technologies to operate at peak potential. These automation solutions not only help companies manage inventory with better speed and accuracy, but they also offer the chance to maximize resources without sacrificing quality. When businesses place confidence in smart automation tools, performance capabilities have the potential to increase drastically, all while staying within budget and increasing ROI.
Leveraging automation for success
Understanding the benefits of automation technology will help businesses initiate key conversations around investment and implementation. The benefits such technologies can reap are impressive: unprecedented, unparalleled operational visibility, increased operational reliability and the maximization of resources. These can save money, time and resources for businesses of all shapes, sizes and functions.
However, preparing to make such an investment can take significant time and attention, as organizations must internally assess their own performance and identify any weaknesses in current workflows, such as excess material and downtime. Once those gaps have been identified, organizations can develop a comprehensive plan that best minimizes machine downtime and meets the overall business goals. Only after careful planning and assessment should businesses invest and reap the full benefits of automation.
Learn more about Panasonic's process automation solutions.