Here we discuss the Benefits and Challenges of implementing RPA in the manufacturing sector.
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2. WHY ROBOTIC PROCESS AUTOMATION
In this competitive world, Everyone wants immediate result with immense quality. Customers wants to
improve delivery of their product ensuring high quality and consistency with low cost. They neither have
patience nor wish to hear excuses!
So, manufactures came up with a solution to implement Robotic Process Automation (RPA) in their
industry.
In short, RPA is a technology where machines embedded with Artificial Intelligence work automatically
by using logical thinking. They have the ability such as speech recognition, decision making, visual
perception that normally require human intelligence.
RPA implements intelligent software to do huge volume of complex and repeatable tasks that are
usually reluctant for human beings.
Now a days, Robotic Process Automation are widely used in Human resources department, Supply
chain management, Accounting, Finance sector including banking and insurance sector, Procurement,
Customer services, and many more.
3. BENEFITS AND CHALLENGES
Large-scale Organization that require huge manpower and enormous resources will certainly implement
RPA to boost their capacity and save money as well as time.
Like any other technologies exist now, RPA may have certain benefits as well as challenges.
BENEFITS
Some of the significant characters of RPA are,
Increased Efficiency
RPA is designed to do complex repetitive task which usually consumes time. So by implementing RPA,
workers will be relived from boring ordinary task. Hence they will concentrate more on significant field.
Thus the whole process run promptly and efficiently.
Increase Productivity
As mentioned above, RPA have the ability to manage complex and heavy lifting task. Not only that they
can even work simultaneously without any interruption. Moreover, workers will be freed to apply skills in
more important task, thus it increase productivity.
4. Improves Accuracy
Even expert worker may have the possibility to make mistakes. It may consume both time and money to
rectify. With the help of RPA, organization can eliminate mistakes and even improve accuracy by doing
the task precisely.
Improves Customer satisfaction
By using RPA in work field, workers will be relived from usual ordinary task. So they will get more
enthusiastic, fun and stress free environment. These will lead to higher productivity and get more value
to customers.
Higher Turn over
By eliminating mistakes and doing complex and huge volume task with in short time will improve the
performance of the process which leads to greater productivity. Eventually increased productivity will
lead to higher turnover.
5. CHALLENGES
Even though, RPA may have handful of benefits and even entrepreneurs are likely to implement, they
may have certain drawbacks.
Monitory Expense
Initially, Entrepreneurs need huge amount of investment to implement RPA in manufacturing sector. So
small and medium entrepreneurs may not have courage and capacity to implement.
Drastic change
Adoption of new technology certainly change the environment drastically. So before implementing, they
must be well prepared and well equipped.
Lack of technical knowledge
Small and micro entrepreneurs believes that to utilize RPA, workers must have technical knowledge
also workers are afraid that robots will replace them. This misconception holds them back from
realizing the benefit of using RPA.
