Published at Monday, 09 September 2019. Robot. By Édith Grandbois.
The Robots provide more accurate and faster service than humans at a fraction of the cost. Report consolidation, procure to pay and order to cash are some of the work streams within finance and accounting ideally suited to Robots. Auditing robotic automation is another key area.
The flipside is that offshore manufacturing leads to job losses in the manufacturer’s country of origin, but then this again creates an extra incentive for those workers who have lost jobs to work hard so as to scale the high value jobs which their country has a comparative advantage to produce.
Industrial logistics robots are expected to help bring about consistent delivery of quality materials and efficiency to manage food production. Industrial logistics robots are expected by industry experts to bring about a new industrial revolution like never seen before.
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