What is RPA in the Manufacturing Industry?
For decades the manufacturing industry has used robots to assemble and package their products. The Industrial Revolution allowed companies to produce products with a higher degree of quality while reducing the physical labor needed to produce those outputs.
RPA now offers manufacturers the ability to automate not just the physical production line, but streamline the complex back-office operations such as payment processing, vendor management, accounting, and inventory management.Get In Touch
RPA Use Cases for Manufacturing
The following are three of the top applications of RPA in Manufacturing:
- Inventory Management
- Effectively managing inventory is critical in any manufacturing business. RPA can help monitor inventory, provide internal notifications when inventory levels fall too low, and even reorder supplies with minimal human effort – all of which improve supply chain efficiencies.
- Invoice Processing
- Most manufacturing companies have dozens of relationships with vendors which take an incredible amount of human labor to effectively manage. RPA can quickly extract data from invoices, apply Machine Learning or Artificial Intelligence, and then act along rules designed to process invoices and even automate the vendor payment process.
RPA Benefits in Manufacturing
- Reducing Stress Across Your Organization
- The manufacturing industry is plagued by one of the highest turnover rates of any U.S. industry. A recent study found that two in every five manufacturing companies have a turnover rate of over 20%. Implementing a strong RPA plan can reduce the number and hours of manual tasks your workforce is completing while improving employee morale.
- Improve Workplace Safety
- One of the strongest use cases for RPA in manufacturing is to help improve safety in the workplace. Many safety protocols reside in different software systems – RPA can facilitate communications across all software platforms, creating a central location for safety notications to live as well as creating a well-documented safety protocol record.