Robot ROI Checklist

Resource Type: Blog |

A common misconception about Robot Return on Investment (ROI) is that labor cost savings achieves an acceptable payback period.  This is often not the case – simply replacing a human operator with a robot is not always a smart decision.  A robot needs to fit into the full picture of your production line strategy and provide benefits and cost savings in multiple areas.

But that doesn’t mean that robots aren’t worth the cost.  There are many situations in which adding a robot provides a return on investment very quickly.  The key is to consider all of the hidden savings and benefits that a robot can provide.

We’re breaking these down into three areas: Human, Production, and Additional Savings.  Download the full checklist below to help you decide if a robot is right for your facility.

Human

There are many situations in which a human operator is best to run a station.  But a robot might be a better fit if you have concerns in any of the following areas:

  • Reallocate operators to other areas
  • Ergonomics
  • Reducing safety risks
  • Reducing operator error

Production

An improvement in production quantity and/or quality can reduce costs and improve revenue. Adding a robot could provide the following benefits:

  • Increase throughput
  • Decrease cycle time
  • Increase quality control
  • Reducing change over time
  • Combining tasks/stations

Additional savings

There may be other savings to consider in reducing potential costs, such as:

  • Reducing cell footprint/Increasing floor space
  • Replacing other hardware

If you’re considering adding a robot, download the full Robot ROI Checklist to make sure you’re considering all of the ways a robot could benefit your facility.

Download the Checklist Now

Related categories: Blog Robotics

Nick Hitchcock's Bio

Texas Director of Operations

Hired in 2008, Nick Hitchcock has served in several engineering and management roles in the company’s Austin office. Starting out at the Michigan office, and moving to Texas in July 2010, he now serves as the Director of Texas Operations.