The Robot and Automation Almanac - 2021: The Futurist Institute by Jason Schenker

Author:Jason Schenker [Schenker, Jason]
Language: eng
Format: epub
ISBN: 9781946197689
Google: sioNzgEACAAJ
Publisher: Prestige Professional Publishing, LLC
Published: 2020-12-11T23:21:04.309953+00:00

Muratec forklift AGV displaying warehouse capabilities.

Demand for Automation and Advances in Technology

While we may have yet to see the full impact of COVID-19, the economic case for automation is greater than ever. Many businesses will increasingly blend cost-effective automation technology into manual operations to stay competitive.

Investors and stakeholders may wonder if standard industrial automation solutions like guided carts or AGVs will be quickly phased out by more advanced, free-moving, artificially intelligent robots. While advanced robotics hold promise and may one day become the industry norm, and advances are constantly being made, the classic question of cost and scale will likely keep much of today’s automated technology in play for a long time.

While enterprises like Amazon are known for warehouse and distribution innovation, small-to-medium size operations are as likely to see ROI on today’s core automated technologies, saving on operational costs, repurposing labor for value-driven tasks, and increasing productivity. For many facilities, 2020 has been the tipping point for turning these solutions into business necessities. ~

ENDNOTES

https://www.assemblymag.com/ext/resources/White_Papers/2019/sep/UR_Workplace-Injuries-White-Paper-Final_May2019.pdf

https://www.pwc.com/us/en/library/covid-19/pwc-covid-19-cfo-pulse-survey.html

https://www.semrush.com/blog/2020-digital-marketing-trends-in-ecommerce/

https://www.statista.com/statistics/780763/inventory-management-investments-retailers-manufacturers/

https://www.gcca.org/sites/default/files/ImpactsCOVID-19onColdChain-May%202020-final.pdf

https://www.roboticsbusinessreview.com/supply-chain/full-warehouse-automation-is-the-goal-and-the-opportunity-for-both-provider

https://www.usnews.com/news/best-countries/slideshows/countries-seen-to-have-the-lowest-manufacturing-costs

https://scholar.harvard.edu/files/jaldy/files/the_debate_forum_2018_sept-oct.pdf

https://www.medpagetoday.com/infectiousdisease/covid19/86325

https://www.bmj.com/content/370/bmj.m3393

https://www.vdcresearch.com/News-events/ias-blog/Five-Industrial-Automation-Trends-in-2017.html

https://www.thelogisticsiq.com/research/warehouse-automation-market/

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