Robot System Investment Cost
How much a Robot System Cost?
To answer the question, How much a Robot System Investment Cost? Our Robot ROI calculator tool will provide a good idea of how robotic automation could affect your margin. Therefore, some of the factors for this robotic calculation are:
Robot Shift: How many shifts/days/weeks will the robot operate?
Current operation costs: You need to know the annual labour costs per operators. How many operators will perform automated robot tasks instead of the manual task to determine the labour savings by automating the process?
Robot System Investment Cost- Multiply the cost per robot by the number of robots you will need. Make sure to include the additional equipment for the whole automation system, for example: grippers, conveyors, guarding, safety devices, control panel, electrical panel design, robot programming, robot simulation, robot training, etc.) necessary to support your new or used industrial robot(s).
Labour with the robotic system: All cost related to the operators you will need to operate the industrial robot and interface with the system.
Robot Investment Payback
When the initial robot cost is recovered, the payback dramatically increases. However, it takes around a two-year to received the return on investment. In fact, a used industrial robot’s life is about 20 years by following a proper maintenance program schedule. It means after the two or three years of return on investment, the company still receives a solid return in a typical robot application.
It is not all you will increase productivity while reducing scrap, increasing quality, improving safety and reducing rework, and all of these benefits will contribute to the company income.
Phoenix integrates and installed industrial robots for any robot application. For instance, every robot of any manufacturer has its own specification, it means not all robot can perform the same task, for example: welding, milling, palletising, cutting, painting and so forth. Contact Us Free consultation.
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