Time of ROI:
Companies are actively seeking new strategies to enhance efficiency and control costs, regardless of the industry in which they operate. Many have already started to sense that the automation of their processes is the key to achieving more agile production and improving competitiveness. However, according to a survey sponsored by MiR, 88% state that concerns related to the speed of return on investment (ROI) are hindering the pace of automation.
What's the key to making a wise investment? How long until we see the competitive advantages and recoup our expenses? Dive into the data that shows how autonomous mobile robots, or AMRs, distinctly and tangibly enhance a company's competitive edge. We invite you to explore and uncover these benefits today.
Calculating the cost of inversion:
1. Cost per hour
The first crucial statistic to consider when calculating the return on your investment is the savings in cost per hour. Mobile robots come equipped with long-lasting batteries, excel in handling heavy loads, and can navigate autonomously without the need for someone to supervise their work. This means they can undertake tasks at a cost per hour much lower than what you would typically require to execute them.
Don't forget to include salary, tax burden, social benefits, overtime, or Initial Public Offering (IPO) in your calculations.
2. Hours per Shift
How many hours per shift do you allocate to the operations your new AMRs will undertake? Specify this. It will be essential to discover how mobile vehicles contribute to achieving a more streamlined process. With AMRs, you can eliminate human decision-making from the supply chain, reducing the error rate and, consequently, the time spent monitoring, supervising, and restoring processes. Achieving more in less time is a reality.
3. Days of Operation per Week
The frequency with which you operate each week is crucial for calculating the Return on Investment (ROI). If you have an intensive production schedule, autonomous mobile robots (AMRs) offer even greater advantages because they operate continuously, performing repetitive tasks every day of the week. In other words, you'll achieve consistent savings, enhance efficiency, maximize resource utilization, and maintain a high level of competitiveness.
4. Calculate the Costs
Understanding the total investment is paramount. To do so, it's necessary to calculate all costs, going beyond the initial price of the AMR. This includes detailing potential accessory costs, programming expenses, training, or technological updates. Similarly, it's essential to consider long-term maintenance costs and the ability to reuse AMRs in case operational or business needs change.
You'll be interested to know that autonomous mobile robots are flexible and scalable, suitable for virtually any industry across a wide range of workflows. They also come with an affordable cost, are generally easier to implement than traditional automation, and can work safely alongside employees.
Another benefit is their intuitive software, making it possible for almost anyone to configure, program, and easily adapt their mobile robotic systems. This eliminates the need for highly specialized personnel or long hours of initial setup. Following a simple training session, the software will be ready to command the AMRs, without prolonged programming interruptions and immediately after deployment.
In summary, the analysis underscores the compelling benefits of incorporating autonomous mobile robots (AMRs) into industrial operations. The key factors, such as cost savings, operational efficiency, and flexibility, make the adoption of AMRs a strategic investment. With a calculated approach to costs and a focus on ROI, businesses can leverage the advantages of AMRs to streamline processes, boost competitiveness, and achieve sustainable productivity gains.