MAPI Report Shows Planned Investment in Automation for Manufacturing
By Alex Batty, MHI Marketing Communications Coordinator | @
The Manufacturers Alliance for Productivity and Innovation (MAPI) released a report that indicates that industry plans on investing in automation. The report, based on surveys of manufacturers in the U.S., suggests that this planned investment could reshape the production landscape fundamentally.
83% of survey respondents said that they had automated at least some portion of their process and 73% indicated that they would integrate automation within the next three years. Automation is being implemented because it can lower cost and improve quality, which is critical as customers demand quicker and a larger variety of shipping options.
Manufacturers have to cut costs at some point in the supply chain, and automation is a futureproof way to do so. Smaller companies consider investing because the cost-cutting and time-saving can help them be competitive in the market. Entry costs can be high, but overall ROI in the long run makes automation a good investment.
One of the education tracks at the MHI Annual Conference, held October 17-19 in Tucson, AZ, focuses on Material Handling and Supply Chain Technology. Join us at the conference to learn what technologies are truly shaking up the material handling and supply chain industry and how they will impact your business. Learn more and register today.