As governments, the world over dole out SOPs to the manufacturing sector, the growth in the sector is expected to see unprecedented growth in the next few years. Manufacturing enterprises that seek to synergize operations with their vendors, suppliers, and distribution partners are expected to benefit the most from these scheme of things. Technologies such as Robotic Process Automation or RPA will play a very important role in synergizing operations across the ecosystem.
RPA use cases for manufacturing
Here are some RPA use cases for manufacturing to improve productivity and expedite processes:
- Expedite Approvals: Routing approval through Food and Drug Administration government departments is a lengthy process due to lack of proper documentation in place. Improve the process of identifying the best drug or medicine by varying various control parameters.
- Inventory Reconciliation: Automate the reconciliation process of raw stock and finished goods by defining minimum requirement thresholds. Stay audit-ready through automated document generation.
- Bank Reconciliation: Automate the process of reconciling data between banks and company records through verification and validation.
- Onboarding of Suppliers: Expedite supplier onboarding through end-to-end RPA automation from inviting quotation, shortlisting as per pre-defined parameters, generating POs, to onboarding suppliers.
- Procurement Automation: Automate the process of selecting vendors, requisitioning, ordering, etc., and establish trusted supply chains in record time.
- P2P Automation: Reduce processing time and processing costs through end-to-end procure-to-pay automation in the Finance & Accounting department.
- Sales Order Automation: Automate the process of collecting information from CRM and synchronize with other enterprise systems to assess product availability, create quotes, and prepare sales orders.
- Demand Monitoring: Automate the demand monitoring and production capacity planning process to achieve just in time manufacturing.
- Back-office operations: Automate back-office operations and other transactions as well as govern processes through RPA center of excellence.
Simply put, RPA tool enables manufacturing enterprises to integrate operations across the entire ecosystem as well as drive productivity and efficiency. RPA enables to synergize operations across the ecosystem and drive overall growth.