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Can Robots Really Boost ROI in Warehouses and Factories?
- Robots in warehouses and factories can boost efficiency and cut costs, but managers may overlook hidden expenses impacting ROI, such as downtime for charging and maintenance.
- Charging time for robots, which could be up to 20% of their operational time, and other issues can lead to significant downtime, affecting productivity and ROI calculation.
- To compensate for downtime, additional robots may be required, leading to extra maintenance costs, the need for more robust servers, and increased space for charging equipment.
- Warehouse space occupied by chargers and docking stations adds real estate costs, limits expansion, and can result in transport expenses and inventory tracking issues.
- Robot collisions, both with each other and with human workers, pose risks of damage, injuries, and added maintenance costs, impacting overall efficiency and ROI estimates.
- AI solutions hold promise in addressing robot traffic congestion, but adjustments to algorithms and potential upgrades may incur additional expenses.
- Innovative charging methods that reduce or eliminate downtime show potential in mitigating fleet requirements, solving space constraints, and controlling expenses associated with automation.
- Despite challenges, automation is seen as the future due to the rising demand for efficiency and labor shortages, with the potential for improved ROI as solutions to hidden costs emerge.
- Facility managers and owners are advised to consider all hidden costs of automation and properly incorporate them into ROI assessments to maximize the benefits while minimizing financial risks.
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