ERP Insights >> Magazine >> September - 2019 issue
Robotic Process Automation in Manufacturing Industry: A Revolution
Author :
Tuesday, May 12, 2020
In today�s time, the speed with accuracy is the
mantra for any successful organization. Most of the manufacturing organizations today have vari-
ous automation tools to execute business trans-
actions with greater speed along with data accu-
racy. Interfaces are available between various systems like ERP, CRM, Supplier Portals and Manufacturing Execution system to achieve greater speed and accuracy in business
process execution. Organizations have tried to deploy auto-
mation processes successfully in all the areas but if any pro-
cess needs manual intervention at any step, it becomes a bot-
tleneck and the whole objective of automation is defeated.
The major objective for any organization is to achieve an end- to- end process automation without any manual interventions. With the help of Robotic Process Automa-
tion (RPA), this issue is resolved to a great extent with improvements in accuracy and cycle time and increased
productivity. Any business process which requires data processing at a large scale and needs manual interven-
tion for verifi cation process is best suited to qualify for RPA.
Manufacturing industries can automate vari-
ous processes by using RPA with better controls. For instance:
1) Master Data creation i.e. vendor master, cus-
tomer master, material master etc. could be fully automated with the help of RPA
2) Customer payment receipts into ERP can be fully automated which results in better execution of the processes like credit limits, cash discounts, faster delivery to customers etc.
3) Bank reconciliation of vendors & customers could be a business case for RPA
4) Booking of vendor invoic-
es received into ERP sys-
tem could be a good case for RPA
5) In other reading the information from one system and posting the transaction on another system is a good example of RPA implementation.
Depending on the nature of the business and individual requirements, other business cases can be built to utilize the
RPA technologies. Many software programs are available to develop RPA as per business requirements. Before im-
plementing RPA in the system, one needs to build proper business cases which can help in generating high ROI on RPA implementation.
In any manufacturing organization, almost in every func-
tion, people indulge in many mundane and repetitive tasks which can be automated with some changes into the existing
business process. Initially, a company should start with 4-5 boats and after achieving successful results, can target the Complex Process Automation (CPA). If RPA is effectively used, the transaction process time can be reduced by 50% to 80% based on the process requirement and number of applications involved into the process, while it will also cut costs, drive
effi ciency and improve quality. Chat boats are getting used very commonly now-a-days, which is a very good example of RPA success story.
As per the Gartner forecast, the Robotic Process Automation market will grow by 41% per year, though this growth will be tempered by new next-generation AI prod-
ucts. Organizations implementing RPA defi antly will be able to take advantage JagdipK of early movers.
Robotic Process Automation in Manufacturing Industry: A Revolution
Author :
Tuesday, May 12, 2020
In today�s time, the speed with accuracy is the
mantra for any successful organization. Most of the manufacturing organizations today have vari-
ous automation tools to execute business trans-
actions with greater speed along with data accu-
racy. Interfaces are available between various systems like ERP, CRM, Supplier Portals and Manufacturing Execution system to achieve greater speed and accuracy in business
process execution. Organizations have tried to deploy auto-
mation processes successfully in all the areas but if any pro-
cess needs manual intervention at any step, it becomes a bot-
tleneck and the whole objective of automation is defeated.
The major objective for any organization is to achieve an end- to- end process automation without any manual interventions. With the help of Robotic Process Automa-
tion (RPA), this issue is resolved to a great extent with improvements in accuracy and cycle time and increased
productivity. Any business process which requires data processing at a large scale and needs manual interven-
tion for verifi cation process is best suited to qualify for RPA.
Manufacturing industries can automate vari-
ous processes by using RPA with better controls. For instance:
1) Master Data creation i.e. vendor master, cus-
tomer master, material master etc. could be fully automated with the help of RPA
2) Customer payment receipts into ERP can be fully automated which results in better execution of the processes like credit limits, cash discounts, faster delivery to customers etc.
3) Bank reconciliation of vendors & customers could be a business case for RPA
4) Booking of vendor invoic-
es received into ERP sys-
tem could be a good case for RPA
5) In other reading the information from one system and posting the transaction on another system is a good example of RPA implementation.
Depending on the nature of the business and individual requirements, other business cases can be built to utilize the
RPA technologies. Many software programs are available to develop RPA as per business requirements. Before im-
plementing RPA in the system, one needs to build proper business cases which can help in generating high ROI on RPA implementation.
In any manufacturing organization, almost in every func-
tion, people indulge in many mundane and repetitive tasks which can be automated with some changes into the existing
business process. Initially, a company should start with 4-5 boats and after achieving successful results, can target the Complex Process Automation (CPA). If RPA is effectively used, the transaction process time can be reduced by 50% to 80% based on the process requirement and number of applications involved into the process, while it will also cut costs, drive
effi ciency and improve quality. Chat boats are getting used very commonly now-a-days, which is a very good example of RPA success story.
As per the Gartner forecast, the Robotic Process Automation market will grow by 41% per year, though this growth will be tempered by new next-generation AI prod-
ucts. Organizations implementing RPA defi antly will be able to take advantage JagdipK of early movers.
mantra for any successful organization. Most of the manufacturing organizations today have vari-
ous automation tools to execute business trans-
actions with greater speed along with data accu-
racy. Interfaces are available between various systems like ERP, CRM, Supplier Portals and Manufacturing Execution system to achieve greater speed and accuracy in business
process execution. Organizations have tried to deploy auto-
mation processes successfully in all the areas but if any pro-
cess needs manual intervention at any step, it becomes a bot-
tleneck and the whole objective of automation is defeated.
The major objective for any organization is to achieve an end- to- end process automation without any manual interventions. With the help of Robotic Process Automa-
tion (RPA), this issue is resolved to a great extent with improvements in accuracy and cycle time and increased
productivity. Any business process which requires data processing at a large scale and needs manual interven-
tion for verifi cation process is best suited to qualify for RPA.
Manufacturing industries can automate vari-
ous processes by using RPA with better controls. For instance:
1) Master Data creation i.e. vendor master, cus-
tomer master, material master etc. could be fully automated with the help of RPA
2) Customer payment receipts into ERP can be fully automated which results in better execution of the processes like credit limits, cash discounts, faster delivery to customers etc.
3) Bank reconciliation of vendors & customers could be a business case for RPA
4) Booking of vendor invoic-
es received into ERP sys-
tem could be a good case for RPA
5) In other reading the information from one system and posting the transaction on another system is a good example of RPA implementation.
Depending on the nature of the business and individual requirements, other business cases can be built to utilize the
RPA technologies. Many software programs are available to develop RPA as per business requirements. Before im-
plementing RPA in the system, one needs to build proper business cases which can help in generating high ROI on RPA implementation.
In any manufacturing organization, almost in every func-
tion, people indulge in many mundane and repetitive tasks which can be automated with some changes into the existing
business process. Initially, a company should start with 4-5 boats and after achieving successful results, can target the Complex Process Automation (CPA). If RPA is effectively used, the transaction process time can be reduced by 50% to 80% based on the process requirement and number of applications involved into the process, while it will also cut costs, drive
effi ciency and improve quality. Chat boats are getting used very commonly now-a-days, which is a very good example of RPA success story.
As per the Gartner forecast, the Robotic Process Automation market will grow by 41% per year, though this growth will be tempered by new next-generation AI prod-
ucts. Organizations implementing RPA defi antly will be able to take advantage JagdipK of early movers.
