BPS

Member
View attachment Robotic-process-automation-in-manufacturing-industry.png

For decades, the manufacturing industry has used physical robots to assemble, test and package their products. These robots help in streamlining the assembly line but the industry still struggles to keep back-office processes fast and simple. Primarily due to unskilled labor, time-intensive processes, obsolete supply chain management systems and frequently changing regulatory requirements.
In order to overcome these pain points, manufacturing companies are turning to business process automation tools to streamline and optimize complex back-office operations such as vendor communication, inventory management, procurement, payment processing, and report generation.
Robotic Process Automation technology has emerged as a key enabler for industrial process automation.

A 2017 study by global technology research firm Information Services Group suggests that 72% of companies are expected to adopt robotic process automation to minimize costs, reduce average transaction handling time, increase productivity, and improve compliance management. According to the ISG study, the automation technology is allowing for a 43% reduction in required resources for order-to-cash processes, 34% for invoice processing, and 32% for vendor management.

Continue reading...
 
Last edited:
Top