Robots have transformed the manufacturing operation, improving efficiency, reducing costs and giving competitive advantage to those who embrace this technology. Following are some process of manufacturing where RPA is adding real value.
- Supply Chain Demand Forecasting: RPA can analyze historical data, market trend and other factors to predict demand accurately, enabling better production planning and allowing for JUST IN TIME Inventory.
- Inventory Management: BOTs can monitor inventory levels and trigger re-ordering incase stocks pass the minimum stock level. They can then initiate stock order to supplier to ensure timely availability of stock.
- Supplier Management: BOTs can undertake Supplier onboarding, valuation and constantly undertake supplier review to ensure stock quality. Further BOTs can automate purchase order creation, invoice processing, payment processing and stock reconciliation using RFID Technology.
- Production Planning: BOTs can automate the creation of production schedule based on demand forecast, available resources and production constraints optimizing resource utilization minimizing downtime.
- Capacity Planning: By analyzing production data BOTs can identify bottlenecks, optimize capacity planning and recommend adjustments to production schedule.
- Quality Control: RPA can automate quality control, data collection and reporting ensuring consistent product quality and reduce defects.
- Machine Monitoring and control: BOTs can collect data from machines and sensors, monitor performance and trigger alerts for maintenance or repairs preventing breakdowns and maximizing uptime.