About
Over the past couple of years, robotics has made huge technological leaps, making them far more reliable, capable, and affordable than ever.
No longer the science fiction stuff, autonomous robots are already bringing significant value to the supply chain and adding efficiency through side-by-side work with humans. Robots are cropping up in offices, schools, hospitals, manufacturing centers, warehouses, and more, to name a few spheres.
However, the stunning pace of growth in the robotics industry has raised lots of questions. So in this article, we have listed the promising supply chain opportunities presented by new technologies.
Delivery Robots
The robotics market in the logistics and transportation sector is primed for rapid growth over the next few years. Robotic delivery devices are hotly tipped to alleviate the problem faced by many logistics companies and ensure that packages do not have any defects or delays in the order fulfillment process to encourage repeat purchases and increase customer satisfaction.
These autonomous delivery bots help close the gap between the global desire for quick deliveries and the labor shortage in most logistics companies, such as Amazon and Alibaba. Moreover, delivery bots strive to bring fast services while at the same time decreasing traffic congestion throughout the entire journey. Some of these robots are designed to deliver parcels via airborne drone delivery without a human driver.
Improved Operational Effectiveness
The possibility of human error is eliminated when robots are assigned to perform certain tasks. Since robots are programmed for repetitive and precise motion, they're less likely to make mistakes, which creates a predictably seamless performance every time.
The state-of-the-art technologies in robots are now starting to perform tasks independent of direct human control. This frees up humans to do more value-added tasks and focus on other more important aspects of the business.
It can also cut operational costs, waste fewer production materials, leave more room for growth in employees' areas of expertise, and improve the overall customer experience. These benefits, combined with reduced safety and contamination risks make a strong case for implementing robot technology.
Growth of Collaborative Robots
Logistics robots offer far greater levels of uptime as compared to manual labor, leading to more productivity gains and revenue for those companies deploying logistics robots. Primed by scenarios from science fiction, many people are concerned that robots may fully replace them. The reality is, there will still be an equal number of opportunities for jobs to be done by people.
This signifies a workplace where employees will need to work along with robots and assign them dangerous and repetitive tasks. In many cases, robots and humans will find themselves in symbiotic relationships, helping each other do what they do best to enhance productivity and deliver more value to customers. They also keep employees from having to overwork themselves to meet quality standards and high-pressure deadlines.
Increased Use of Robotics Enabled by AI
Leveraging the power of artificial intelligence (AI) can help robotic systems adapt to their work environments to enhance both safety and productivity between humans and robots. While robots still can't do numerous capacities that people can, these technological advancements are now working in pretty much every field in the industry.
Between 2019 and 2021, it's projected that 485,000 units of logistics robots will be sold in total, rising at a rate of 18% compound annual growth rate (CAGR), according to the study conducted by the International Federation of Robotics. Today, the growth of AI is largely attributed to the rising demand for complex supply-chain operations in the industry.
In addition to this, the booming e-commerce industry and the rising number of consumers purchasing online is propelling retailers to acquire the automation process for tedious and repetitive tasks.
In Conclusion
Robots can operate with a high degree of precision and accuracy to ensure that customers receive deliveries on time. Many companies have long recognized the productivity benefits of automation, both in terms of improved quality and improved productivity.
So if your business is interested in logistics robots, it can be a good idea to have a qualified partner to help. Here in JDE, we provide business solutions with a low total cost of ownership. To know more about our services, feel free to visit our website, and our team of professionals are readily available to address your needs.
