ABB’s small IRB 120 multipurpose industrial robot weighs 25kg and can handle a payload of 3kg (4kg for vertical wrist) with a reach of 580mm. It is a cost-effective and reliable choice for generating high production outputs in return for low investment. A white finish Clean Room ISO 5 (Class 100) version, certified by IPA, is available.
Offshore manufacturing is a business aspect where an entrepreneur relocates or sets his/her manufacturing plant in another country where conditions of manufacturing like labor and raw materials are more cheaper or where the manufacturing environment is more favorable for export and/or eventual import to the manufacturer’s home country.
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Robotic process automation refers to the use of software programs to perform tasks that have been previously performed exclusively by humans or at least, thought to be only possible to have been done by humans. These programs, referred to by the moniker ‘bots’, can be programmed to perform a variety of tasks. The so called ‘dumb’ bots can perform simple tasks like controlling and maintaining systems, monitoring levels and other mundane tasks that do not require any decision making and fall within well-defined rules.
The issue becomes creating jobs and building economies worldwide so people can afford to support a family and a lifestyle and buy the goods that are manufactured so efficiently. This new job creation market thrust will come from industry and government investment in innovation and centers of excellence.
This is how cost efficiency plays a significant role in globalization in the economy. When companies have the opportunity to produce products at a cheaper rate by using alternative resources, they find the best solution possible for either the short run or long run. Robots have been the solution to leading a cost-effective economy. The use of robots has had a growing impact on the manufacturing industry for some time now, and continues to innovate our globalized economy.