Robotics and artificial intelligence: Booming in India
December 30, 2020 4:48 pm
Fast Moving Consumer Goods (FMCG) companies are using technology to beat longstanding challenges and build on emerging opportunities in the face of current challenges brought upon by Covid-19. Key players in the sector are learning fast, innovating and transforming their ways of operating to meet changing customer demands.
This disruption is set to change business models for the better, ushering in a new era of efficient, flexible and sustainable consumer goods companies. Robotics and Artificial Intelligence is set to bring about large changes by enabling greater efficiency across the FMCG sector in the immediate future.
Many companies are now experimenting with innovation, using emerging technologies to re-imagine their businesses and operating models. They are making themselves more agile, flexible and responsive due to the implemented social distancing rules. For instance, one of India’s large FMCG conglomerate faced challenges like unavailability of trained operators, a higher number of accidents and the huge cost of damaged goods. The deployment of Autonomous Material Handling Equipment has removed dependence on human operators, helped increase productivity while ensuring high operational safety (zero accident, 100 percent safety) leading to zero pilferage and no lost inventory. In another instance, India’s leading consumer goods company was facing challenges during material transfer and huge space constraint at their warehouse. Implementation of autonomous mobile robots in pallet transfer helped increase their productivity and efficiency
The adoption of robotics backed by superior new-age technologies like artificial intelligence, machine learning and computer vision is set to create impact in the fast-moving consumer goods (FMCG) sector by enabling highly productive, efficient and more resilient supply chain.
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