Collaborative Robots and the Future of Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
Overview
Collaborative robots, or "cobots", are shaping the future of Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers. Innovations in this area are sparking significant changes in operation efficiency, safety, productivity, and job quality. In embracing this innovation, wholesalers can expect increased inventory turnover by up to 50%, a decrease in the hours of manual labor by 48%, and the ability to recoup their cobots investment within 14 months.
The Rise of Collaborative Robots
The emergence of collaborative robots in the wholesale related equipment industry has seen a surge due to the numerous advantages they bring. Cobots are capable of working in tandem with human workers, improving job productivity and precision. A study from Barclays suggests that the adoption and incorporation of cobots could boost UK’s manufacturing sector’s productivity by 22% by 2025. Across the board, cobots can reduce hours of manual labor by 48%, allowing human workers to focus on more complex tasks.
Efficiency in Operation
A significant advantage of implementing collaborative robots is the dramatic elevation in operation efficiency. Moreover, cobots have enhanced the picking process, which was once a significant time and resource drainer. With the introduction of cobots, stock selection can be done 50% faster, thus increasing inventory turnover by 50%. Cobots also work 24/7, making night shifts more productive without compromising quality through fatigue or lack of concentration.
Return on Investment
According to Cobot Intel, implementing a cobot system offers an exceptional ROI, with companies recouping their investment cost in under 14 months on average, a timeframe significantly shorter compared to traditional industrial robots. This shorter payback period translates into a more rapid realization of efficiency and productivity improvements.
Safety and Quality Assurance
Alongside efficiency and productivity, cobots offer a remarkable step forward in job safety and quality assurance. Cobots can handle tedious, repetitive, or hazardous tasks, reducing the risk of work-related injuries for human employees. Furthermore, given the advanced nature of their technology, cobots offer a superior level of accuracy and consistency when compared to manual labor, enhancing quality control in the production process.
Key takeaways
- Cobots improve job productivity and offer a 22% potential boost in sector productivity.
- They increase operation efficiency, resulting in a 50% increase in inventory turnover.
- A faster payback time with an average of 14 months, reducing investment risks.
- Cobots in the workplace significantly reduce the risk of work-related injuries.
About 3Laws Robotics
3Laws Robotics is a company at the forefront of the cobot revolution. They are equipping cobots with the novel software, 3Laws Supervisor, which enhances safety and reliability for robotics systems. Central to 3Laws’ focus is addressing the challenge of robotic certification, a significant hurdle for many companies in the robotics arena.
The company's inventive software is premised on Control Barrier Functions (CBFs), a technology developed at Caltech that claims to provide mathematically provable safety. 3Laws harnessses this technology to diversify its operation, offering use-cases in warehouse automation, human-robot interaction, and dynamic environments.
3Laws Robotics offers all businesses in need of cobot services a streamlined process for safe and uninterrupted interaction with cobots. The company’s trailblazing software system can potentially expedite the certification process and is adaptable to multiple platforms, including mobile robots, cars, drones, and manipulators.
As a result, 3Laws’ software positions itself as a revolutionary safety solution that transcends traditional methods of cobots evaluation and provides real-time guardrails that allow robots to operate closer to peak capabilities while maintaining exemplary safety.