Low-Cost Robotics and the Supply Admission Essay

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An understanding of other technological tools and approaches that have increased efficiency and cost effectiveness through automation, such as Electronic Product Codes (EPC), RFID tags, and real-time inventory control systems, can provide a more holistic background view of supply chain automation and the potential for low-cost and easily adaptable technologies.

The various levels of automation and their impact on supply chain efficiency and cost also raises another issue that will be explicitly examined in the research, namely the need to develop a system for quantifying the efficacy of robotics/automation adoption at various points in the supply chain. Large degrees of difference between impacts make it difficult to compare different technologies and different uses in a meaningful way, and as of yet no clear system for making such a comparison has emerged in practical or theoretical research.

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Addressing this gap will not only have intrinsic research value, but it will also make the empirical research undertaken here more meaningful and valid. Quantification will enable the process of reviewing past and upcoming automation technologies and procedures much simpler, and will enable for more coherent and explicit surveying of companies in various stages of robotics and/or automation adoption, also allowing value chain analysis to include more quantitative and concrete components than are….....

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