It comes naturally that the main factor in any industrial operation is certainly maintaining a healthy balance between market demand and factory production.
And there is no need to tell you that business is not just doing fine yourself; it’s all about doing well, doing well consistently, and making sure that you’re doing far better than the opponents all the time.
And we are not particularly confident about the last part if you’re on a mission to rule the market implementing age-old strategies and hard labor alone. That won’t work anymore.
Then, what should you do? Well, it’s pretty simple. If the main thing you need to take care of is the total production ( that meets sales target, of course), then won’t it be wise to hasten the average production rate and decrease the percentage of manufacturing error?
Certainly, that, in some way or other, will take the total sales to a sky-high limit. But here’s something tricky – you can’t just employ another thousand people to do all this work.
That would be time-consuming. Because to win in business another two things are crucial – less time, more money. Cutting on the production cost is difficult. You must use innovative solutions to save a better profit margin and get a solid footing in the industry.
Robotic assistance and AI: smart digital technology to boost your business endeavors
Two of the most exquisite innovations of the twenty-first century so far are – Artificial intelligence, aka AI, and Robotics. Beyond the sci-fi movies we watch, robotics and AI have entered the professional domain, particularly the industrial sector. Thinking, how?
Robotic Process Automation (RPA)
Robotic process automation is simply implementing robotic technology to assist you in regular tasks like back office duties, mimicking the human workflow.
It interacts with the software and successfully manages all repetitive, time-consuming operations that don’t need constant innovation. And once programmed, robotic assistance can get these jobs done much faster than the best human workers you have there, with impeccable efficiency.
And when we speak of “robots,” we aren’t talking about transformers; we need mostly software robots.
These are just small pre-programmed command sequences that, when run in suitable machines ( like a robotic hand, you say), can navigate through systems, collect data and analyze them statistically, follow easy steps to perform factory operations and monitor production rate, etc.
The good thing is they don’t get bored with all these mundane tasks. And they don’t need breaks and even don’t slow down.
Certain Benefits of RPA: Why should you use it?
The benefits of RPA are manifold. We are just trying to cite a few for you. RPA service providers will offer –
Robots don’t make mistakes because they don’t know how to commit human error. Unless a part is broken or some serious malfunction is due ( which is unlikely to go unnoticed), your whole production chain and back office operations will run smoothly.
The initial installation costs might be a bit high, but in the long term, apart from a little bit of maintenance money, robotic assistance costs markedly less when compared to manual labor.
Suppose your business doesn’t need direct customer handling ( like hospitality management, restaurants, parlors, etc., where people care about the human touch).
In that case, robots can do fine because customers are happy when the turnaround time is far less. And if you implement a mixed strategy, it’s even better as your human employees are free and get more time to interact with the clients.
Efficiency can only take you so far if it’s not for consistency. Your company must maintain a certain level of workflow throughout the entire year. This will set the standard in the professional circuit.
RPA vs. AI: which is the best for your business?
We get you. That dilemma is pretty common. Most of us used to think Robotic assistance and Artificial intelligence are the same thing. Certainly, they are not.
Robotic assistance is a monotonous, crude level where a definite command syntax makes a group of machines or systems perform the same task repeatedly.
It works smoothly for simple operations where the instructions don’t vary much, like cold mailing all the potential customers who have signed up for your newsletter.
Artificial intelligence is far smarter, and it mimics human intelligence. Machine learning is the new branch incorporating neural linking similar to the human brain to perform complicated, sophisticated tasks requiring unique strategies and continuous decision-making.
AI solutions improve over time as they constantly collect user information, adapt, and learn from that dataset to perform closer to a human employee.
While both have their selling points, most companies use an interlinked strategy where they incorporate both – RPA at a lower level and then AI on top to run the RPA operations successfully.
Uses of RPA
- Running business activity, analyzing bank statements, and processing invoices
- Complete public reporting and periodic board report analysis for public sector agencies
- Submitting, following up, remediating, and processing orders.
- Bank statement data extraction and analysis.
- Employee onboarding, offboarding, and security vulnerability email generation for tech assistance firms.
You see how RPA can benefit you in many ways. Now, you don’t need to learn robotics and machine learning from scratch. Many professional RPA farms nowadays will take care of the complete automation process for you. Contact any of your choice. Have a boost to your workflow.