Calculating The Potential ROI For A Robotic Installation
When determining the potential return on investment (ROI) in an automated material handling solution such as robotics, most projects are evaluated based on net present value (NPV), minimum acceptable rate of return (ROR), the payback period, and other methods. Yet, ...
Besides Robots, Learn What Other Technologies Are Needed For Successful ...
At MODEX 2020, held this past March in Atlanta, members of The Robotics Group of MHI presented a free, on-floor seminar to attendees. Entitled “Warehouse Automation: Beyond the Robot,” the 40-minute session’s slides and audio were recorded for those who ...
Three Ways To Improve The Human-Robot Working Relationship
Historically, industrial robotic automation used in manufacturing and distribution applications required perimeter guarding and other safety mechanisms to prevent contact between personnel and the robot. Not anymore, however. With advances in sensor technologies and programming interfaces that make it much ...
How Software Makes Automation Even More Effective
As noted by the 2020 MHI Annual Industry Report, “Embracing the Digital Mindset: Connecting Data, Talent and Technology in Digital Supply Chains,” released at MODEX 2020, the top supply chain challenge continues to be extreme competition for talent (with 57 ...
Don’t Replace Employees With Robotics; Increase Their Value Instead
A recent video produced by MHIView explores “Designing Robotics with the Workforce in Mind,” a delve into how today’s collaborative robotic solutions are being engineered and programmed to support an existing labor pool — not to replace them. That’s because ...
Material Handling And Supply Chain Automation Discussed At U.S. Robotics ...
MHI participated in a workshop of industry professionals and academia to provide content for the publication of an updated version of the U.S. National Robotics Roadmap, slated to be released in the summer of 2020. The Roadmap was first published ...
How MODEX’s Flexible Automation Solutions Maximize Investment, Process Adaptability
If you’re among the 45,000-plus attendees expected at MODEX 2020, March 9-12 at Atlanta’s Georgia World Congress Center, you’ll be seeing a lot of flexible automation solutions in the displays of the more than 1,000 exhibitors. And that’s no surprise, ...
Want Higher Performance Rates? Add Robotics To Human Workforce
The collaborative robot market will grow from $710 million in 2018 to $12,303 million in 2025 at a compound annual growth rate (CAGR) of 50.1%, according to research from Markets and Markets. And while that may cause some workers concern ...
Sustainable Parcel Delivery: Innovative Solutions Address Last Mile Challenges
Last mile delivery costs account for more than 50% of the total cost of global parcel delivery ($78.5 billion), found a report from McKinsey & Company. Further, parcel deliveries are expected to double in volume by 2026. That not only ...
Leveraging Collaborative Robotics To Address Labor Challenges
According to research conducted by Interact Analysis, the demand for collaborative robots — also known as cobots — that safely work alongside humans in manufacturing and distribution operations is expected to grow at an annual pace of more than 60% ...