RPA in Manufacturing industry plays a major role in streamlining operations by automating the various business processes and making them to be more efficient and effective.
Physical robots are used for assembling, testing and packing products in several manufacturing companies. Despite this, companies face pain points in common back-office processes such as keeping up with new regulations, lack of skilled labor, inventory management etc. In such situations, companies fail to provide better services and innovation to customers, to reduce costs and maintain seamless communication with suppliers.
With Robotic Process Automation (RPA), it is possible for manufacturing companies to automate significant back office processes thereby identifying and improving deficiencies within. RPA enables companies to cut down complexities involved in managerial processes, creating an AGILE back office. The implementation of RPA helps manufacturing companies to strengthen supply chain procedures and to bridge the gap between repetitive activities such as quoting, invoicing, accounts payable, accounts receivable, general ledger operations etc.
RPA enables to streamline processes, increase in efficiency, reduction in manual errors and rework time, leading to quality improvements in processes and operational performance.
The 4 benefits of implementing Robotic Process Automation in Manufacturing Industry are:
Elevated levels of regulatory compliance
Deeper, real-time process monitoring and analytics
Bridging paper with digital platforms
Intelligent Enterprise Resource Planning (ERP) Automation with RPA
Manufacturing is an ERP driven industry and there is no doubt that RPA is poised to transform businesses in this domain.
RPA will intelligently automate various time-consuming functionalities within enterprise resource planning (ERP) systems such as Oracle, SAP, and other platforms. Simple drag-and-drop scripting enables users to automate many of the manual business processes that cost them time and money. RPA tools effortlessly work through the presentation layers of ERP, CRM, and SCM systems because of which complete business rules and audit trails are maintained to ensure security and traceability.
RPA Tools work with ERP systems to automate several processes.
Reduce bill of materials (BOM) errors
Streamline information gathering—such as components, raw materials, and subcomponents
Stock Keeping Unit Updates
RPA Tools automatically perform mass updates to SKU numbers, append or merge data and more
Automation of Inventory, Pricing, Accounts Payable (AP), and other similar reports
RPA Tools integrate disparate ERP platforms or the current ERP with a website, CRM, HR platforms or other applications
RPA Tools monitor current inventory, reorder parts and provide notifications when stock is low
FTP / Share Point Uploads
RPA Tools automatically pull or upload files to multiple FTP sites on-command or whenever a specific file is detected
Your Ticket to Agile Manufacturing
Growth, quality, and efficiency are the core strategies for manufacturing organizations focused on the Fourth Industrial Revolution (4IR). Technology and digitization transform how the entire industry functions. With Robotic Process Automation (RPA), manufacturers can evolve production processes and business functions to improve operations, increase profitability, and provide labor relief.
Streamline Supply Chain Management
Harness the power of end-to-end automation to improve communications, inventory management, procurement, and order processing.
Reduce Compliance Costs
Tracking and managing regulatory requirements globally can add expense to the processes that can significantly impact profitability. RPA can streamline the Regulatory Compliance processes.
Enhance agility of your business processes and improve critical decision making by enabling teams and systems to access data needed to manage production.