ROI

Are you considering adopting automation and robotics for your business but concerned about the cost?

Many small printing and packaging business owners view robotics as only suited to large enterprises with big budgets. But did you know automation actually cuts costs in the long run?

Here are some ways robotics can generate a positive return on investment (ROI) and help you meet your long-term business goals.

Cost Efficiency

As the adoption of robotics for business has grown, robot prices have dropped by 40% over the past decade.

And after the initial investment, one of the main benefits of automation is its cost-effectiveness. Robotics has particular benefits in the printing and packaging industry. It reduces common errors like incorrect labeling. With fewer mistakes, you can save time and money by no longer having to dispose of defective products.

Robots can also reduce staffing and maintenance costs. When you take into account the total cost of ownership, robots more than pay for themselves.

Technological Advances

New robotic technology is making robots smarter than ever before. How? The latest generation of robots can adapt to their environment thanks to developments in artificial intelligence (AI), computing power, and sensors. Using machine learning, they can cope with more complex tasks.

The range of applications for robots in printing and packaging is expanding. They can work alongside humans, responding in real-time to voices, gestures, and motions. This increases the number of ways you can incorporate them into your business.

Streamlining Operations

Using robots to handle repetitive tasks saves time and frees up staff to do other things. Reducing the time spent on operational tasks, in turn, speeds up the time it takes to bring products to market.

With robots taking over monotonous roles, you can re-assign employees to tasks that generate new revenue. They can focus on processes that cannot be automated and require interpersonal skills like collaboration and problem-solving.

Automation also improves data collection. Manual reports can take days to compile. But automated dashboards can deliver data in real-time. Data analytics can identify key trends, problems that need to be addressed, and new prospects to pursue.

Attracting and Retaining Employees

The idea of automation usually suggests robots replacing humans in the workforce. But robotics can increase employee job satisfaction. In what way? Automation allows employees to take on new challenges and remain engaged. By reducing turnover, you can save on hiring and training costs.

Moreover, in an industry that often struggles to attract young workers, investing in technology can offer an incentive for them to join your company. You can focus on hiring the superstars of tomorrow who will help the business to grow.

Consider Adopting Automation and Robotics for Your Printing Business

The benefits of automation are clear when you consider the long-term ROI. Businesses of any size can reduce costs, save time, and attract a highly skilled, productive workforce.

If you are thinking about adopting automation and robotics for your business, Significans Automation can help. We have a wealth of experience in designing custom automated systems.

Contact us today to find out how we can deliver a solution tailored to your needs.

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