ROBOTIC

 PAYBACK  
NEXT-­‐GENERATION  ROBOTS  
 
Miguel  da  Silva  Correia  
Birmingham  
2016  

1  
Franz  Steiner  
Contents  
•  Return  On  Investment  (ROI)  Of  Next-­‐GeneraJon  RoboJc  Upgrade  
•  Efficiency  vs.  Expecta0ons  
•  Costs  vs.  benefits  
•  Key  Performance  Indicators  (KPI)  required  to  understand  benefits  
•  Strategies  to  secure  managerial  buy-­‐in  to  drive  roboJc  projects  forward  
 

2  
Franz   Steiner  
bmwi  
ROI  of  Next-­‐Genera0on  Robo0c  
 
Methods  of  JusJficaJon:   -­‐  Qualita:ve  methods;  
-­‐  Semi-­‐quan:ta:ve  methods;  
-­‐  Quan:ta:ve  methods.  
Technical   When  

Decision  
Monetary   Point  of   Strategic   What   RoboJc   Which  
view   System  

Cost   Where  
jusJficaJon  
Policy  
Financial   decision   Manufacturing  

Bosch  
Engineering   3  
Costs  vs.  benefits  
 
Cost  of  a  RoboJc  System:   Benefits  of  a  RoboJc  System:  
-­‐  System  purchase  price;   -­‐  Decreased  Produc:on  Costs;    
-­‐  Plant  Installa:on;   -­‐  Shorter  Cycle  Times  and  lead  :me;  
-­‐  One  :me  cost;   -­‐  Improved  Quality  and  Reliability;    
-­‐  Maintenance,  update  and  security;     -­‐  BeOer  Floor  Space  U:liza:on;  
-­‐  Opera:ng  cost;   -­‐  Reduced  Waste;  
-­‐  Deprecia:on;   -­‐  Increased  Safety;  
-­‐  Cost  of  capital;   -­‐  Employers  HS  Savings;      
-­‐  Cost  of  risk  investment;   -­‐  Flexibility  in  mul:ple  Applica:ons;  
-­‐  Cost  of  human  capital.   -­‐  Total  Effec:ve  Equipment  Performance;  

Decision  
4  
Franz  Steiner  
ROI  of  Next-­‐Genera0on  Robo0c  
 

Cost  of  failure:   Return  Of  Investment:  

​𝑨𝒏𝒏𝒖𝒂𝒍  𝑺𝒂𝒗𝒊𝒏𝒈𝒔/𝑹𝒆𝒍𝒂𝒕𝒆𝒅  𝑪𝒐𝒔𝒕     

Decision  Making  

ROI  limitaJons:  
-­‐  Disrup:ve  events  and  business  models;  
-­‐  Social  behaviour;  
Impact  on  company  
-­‐  Individual  customer  requirements  
-­‐  Vola:le  markets;  

Industry  3.0    Industry  4.0  

“…balancing  short-­‐term  goals  of  survival  with  longer-­‐term  

goals  of  growth,  to  posture  the  company  to  have  
Franz  
Franz  Steiner  
Steiner  
compe::ve  advantage…”  (Harvard  Business  Review)   5  
ROI  of  Next-­‐Genera0on  Robo0c  
 

ROI  decision  thoughts:  

-­‐  Total  related  costs;  

-­‐  Total  related  benefits;  
-­‐  Unpredictable  risks.  

LogisJcs   Company   H  Resources  

stress  

Infrastructures  

6  
Franz  Steiner  
Efficiency  vs.  Expecta0ons  
 
Leaders              high  investment              business  growth              increase  in  opera:ng  costs.    
 
Efficiency:   ExpectaJons:  

​𝑶𝒖𝒕𝒑𝒖𝒕𝒔/𝑰𝒏𝒑𝒖𝒕𝒔   

+   ProducJvity:  

Performance:   ​ 𝒇𝒇𝒊𝒄𝒊𝒆𝒏𝒄𝒚/𝑷𝒆𝒓𝒇𝒐𝒓𝒎𝒂𝒏𝒄𝒆   
𝑬
​ 𝒄𝒕𝒖𝒂𝒍  𝒔𝒑𝒆𝒆𝒅/𝑶𝒑𝒕𝒊𝒎𝒂𝒍  𝒔𝒑𝒆𝒆𝒅   
𝑨

7  
Franz  Steiner  
KPI  metrics  required  to  understand  benefits  

Actual  Technical  abributes:   Decision   The  goal  

-­‐  Repeatability;  
-­‐  Speed  (Performance);  
-­‐  Memory  capacity;  
-­‐  Precision  or  accuracy;   Quality  
Availability  
-­‐  Programmability;  
TEEP  
-­‐  Flexibility;  
-­‐  Workload  +  efficiency.  
  Performance   UJlizaJon  

Total  EffecJve  Equipment  Performance  (TEEP)  

“…ra:o  of  fully  Produc:ve  Time  to  All  Time…”  
8  
Franz  Steiner  
Strategies  to  secure  managerial  buy-­‐in    

Mentality  change:  
-­‐  Self  control;  
-­‐  Self  organiza:on;  
LimitaJon  
-­‐  Decentralized  algorithms;  
-­‐  Tight  integra:on;  
-­‐  Responsiveness.  
 
                                                                                                       “…humans  supplement  the  skills  of  robo:c  systems…”  

Strategy:  
-­‐  Engage  as  early  as  possible;  
-­‐  Sell  the  concept  to  the  human  workforce;  
-­‐  Prepare  to  work  with  IT  in  new  ways;    
-­‐  Develop  skills  needed  to  run  a  Robo:cs  Shop;  
-­‐  Ensure  you  include  all  internal  stakeholders;    
-­‐  Speak  the  language  of  each  stakeholder  group;    
-­‐  Be  explicit  about  the  benefits;    
-­‐  Iden:fy  and  manage  risks;    
-­‐  Listen  and  communicate.   9  
Boshc  
Thank  you  for  your  :me  
 
Miguel  da  Silva  Correia  
 
migueldasilvacorreia@iol.pt  

“The  world  of  the  future  will  be  an  even  more  demanding  
struggle  against  the  limita:ons  of  our  intelligence…”  
 Norbert  Wiener  
10