How to Justify the Cost of a Robotic System
Oct 29, 2015
The cost of a robotic system can be intimidating but once you do the math it is easy to see that the ROI will be worth the initial investment. Integrating an automation system onto your production line will help to cut your labor costs, increase the productivity, and help you stay competitive in a global market. Robots.com takes pride in their customer service and is ready to help you integrate an automation system today.
Robotic systems bring many benefits to manufacturers in the form of improved production speed, product quality, and overall efficiency. However, the initial investment can be quite large for a company of any size, and it may seem hard to justify the $80,000 to $125,000 expense.
Since that level of investment is a large expense for any company, here are some things to consider when justifying the cost to investors, board members, or other executives in your company:
Cutting Labor Costs
A typical robot system can easily produce the same amount of work as four workers. If you are running one robot system of three separate shifts a day, that one robot system is completing the same amount of work as 12 workers. The salary savings alone, along with the savings on health care and other employee benefits is a huge justification for purchasing a system. There is also a savings on manual labor expenses like safety equipment and other required welding equipment for each laborer.
Unlike manual workers, robot systems do not require lunches, days off, vacations, or sick days. They are able to work 24 hours a day, 7 days a week, with consistent, quality output.
Cutting Down on Errors
Robots are commonplace in the manufacturing industry and have been proven to be extremely reliable. When manufacturers choose to use manual welders, rather than robotic welders, they run the risk of not using certified welding procedures and relying on manual workers to properly deposit all required welds. By using robotic systems, human errors are no longer an issue.
A Competitive Global Market
The market is no longer local. It is a global market and keeping a competitive edge is important for any company, especially in the manufacturing industry. Not only will robotic automation allow you to continue to innovate and improve the quality of your products, but it will also attract new customers and allow for tax advantages like the Section 179 tax deduction.
As you can see, there are several different justifications for purchasing a robotic automation system for your shop. If you would like to learn more about these advantages and information on how to purchase one, please contact Robots.com today online or at 877−762−6881.
You might be also interested in:
Latest Advancements in Material Cutting Robotics
Read about the latest technological advancements in robotic material cutting.
Emerging 3D Vision Technologies for Industrial Robots
Learn about the emerging 3D vision technology that businesses are using for industrial robot applications.
Most Popular Industrial Robotic Applications for 2021 and Projections
Explore the most popular application trends of 2021 and what to expect in the future.
Request your quick quote today.