| |July 20199Operational Cost Optimization ­ Operational and administrative cost of manufacturing enterprises can significantly be reduced by 60%-70% by RPA implementation. This also leads to obliteration of human dependency to run your manual, repetitive work, thus curtailing the resource cost, too.Accelerated Performance ­ Operational performance and efficacy improve substantially post the RPA implementation. The guided or self-reliant process bots drastically enhance the performances as they are comparatively 10x faster than human elements.Enhanced Productivity and Efficiency - Once the RPA is streamlined, the human resources are freed up and focus on the innovation and core technology, thus improving the productivity of the organization. On other side, since the processes have been executed by process bots, the human errors are completely eradicated, leading to accurate functioning.Maximize Accuracy and Reliability - This virtual workforce maximizes accuracy of the process execution which ensures the defined process executes with precision and zero errors. Robust Control and Compliance Enforcement ­ The flexible architecture and philosophy make the process bots to enforce a proper control over processes being executed and maintain the auditability from compliance perspective. The essence of RPA lies in its amalgamation of versatile technology and integration capability of many pioneer cognitive services and technologies from third party vendors.Business Cases in Manufacturing Industries for RPA Automations - There are many business cases in manufacturing enterprises where RPA can be used effectively to optimize the cost and bring out the best efficacy of the software-bots. Typically, in an enterprise resource planning ­ Supplier Creation, Customer Creation, Invoice creation and validation on Payables and Receivables can very easily be automated and process bots are readily available in markets. Many process bots can also integrate with Microsoft Exchange, Single Sign-on or a wide range of EPR solutions, viz. MS Dynamics, SAP & Oracle. Artificial intelligence and cognitive intelligence can be effectively utilized for social sentiment analysis, image processing, extract and input data from and to multiple ecosystem.Achilles Heels - Organization Culture ­ The major impediments to implement RPA rests in organization's culture and zeal to embrace the technology. The benefits to be explained to the concerned stakeholders conspicuously so that in lieu of foreseeing this as potential risk, the same can be envisaged as opportunity for focused innovation.Critical Analysis ­ The business processes to be evaluated thoroughly before the enterprise chooses the process to be automated through RPA. Not all process may require Software bots and one should be extremely cautious while choosing certain process automation through RPA and not just use RPA to be in the mainstream with its peers. Top Down Strategy ­ The RPA implementation strategy should be led by Senior Management team and needs to be percolated down to each individual stakeholder for smooth rollout.Implementation Strategy ­Identify the `Right' Business Case - The most crucial success factor for RPA implementation is apt identification of business use case. Not every business process needs process bots. The enterprise needs to critically evaluate the use cases which demands such automation and needs to take a judicial call to automate the processes where most of manual indulgence involves.Proof of Concept (Pilot) - RPA should be initiated with a PoC, based on success factor of the pilot process automation, the same can be rolled-out to Production environment. Subsequently, the scale up of RPA can be done, if required.Simple to Complex ­ Post the success factor of PoC, the implementation should start with simple process and then move towards complex process automation.ConclusionRPA is growing exponentially. An eminent global research firm has forecast it to reach $1.7B revenue in 2019 and likely to touch almost $3.0B market by 2021. Be it today or tomorrow, RPA is certainly here to rule the manufacturing world and the sooner the manufacturing enterprises adopt, the better. The enterprise security should not be looked at in isolation for protection of enterprise, but along with the digital roadmap of the organization, and its changing landscape
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