WEBINAR Demystifying the Steps Along the RPA Journey for Manufacturers
WEBINARDemystifying the Steps Along the RPA Journey for Manufacturers
Agenda – What We Want to Achieve Today
1. Why is RPA making waves globally?
2. RPA Adoption – Where is Manufacturing on the journey?
3. What are leaders saying?
4. Where do we go from here?
The Automation Revolution
AI-powered Digital Workforce Is Revolutionizing All Sectors
Revenue growth:
20%+higher revenues
Operational metrics:
30-40%improvement in accuracy,cycle times, and productivity
Customer experience:
50%+enterprises see improvements
Time-to-value implementation:
Fasterthan comparable tools
Cost savings:
30%delivered on average
ROI:
12 monthsdelivered on average
Automation when applied at an Enterprise level can
Enhance Customer Experience Improve Brand Loyalty and Perception through speedand accuracy of information delivery.
Improve Profitability & Cash Flow Release Cash “stuck” in the process by acceleratingprocess workflow and reducing cycle time.
Improve Business KPIs Improve Productivity and Accuracy across finance,supply chain, manufacturing, and aftermarket functions.
Reduce Cost of Change Reduce Cost of Change throughout the design,engineering, and manufacturing processes.
Reduce Waste Reduce Waste across processes by reducing efforts, dataduplication, rework, and asset breakdown.
Automation Anywhere Enterprise is Function Agnostic…
HUMAN RESOURCESINFORMATION TECHNOLOGY
RecruitingDatacenter
Comp & BenefitsNetwork Operations
Performance Mgmt.Security Admin.
Training & Dev.Service Desk
PayrollDesktop Support
Lifecycle Mgmt.Database Admin.
Org. Mgmt.Applications
PROCURE TO PAY ORDER TO CASH
Sourcing/ Contract
Customer Master
PO Process Order Process
Goods Receipt
Invoice Process Billing / Disp. Res.
Collections
Cash Application
Payment Process
RECORD TO REPORT
Gen. Acct. / Close
Mgmt. Reporting
External Reporting
Treasury
Tax
FP&A
Controllership
Vendor Master
T&E
Logistics / Delivery
Credit / Contract
SUPPLY CHAIN
CRM & Cust. Svc.
Demand Mgt.
Materials Mgt.
Capacity Flow Mgt.
Transport & Logistics
Carrier Mgt.
Returns Mgt.
RPA Journey in Manufacturing
We wanted to know how is RPA changing the Manufacturing Process landscape
Where are the challenges Is the technology easy to adopt? Is scalingautomation a problem? How are companiesovercoming them?
Current Adoption Status How do the numbers stack up?
What Early Adopters are saying Are they getting business value? How are theymeasuring it?
Future Roadmap Are companies doubling down on RPA or are theytaking a cautious approach?
What are the challenges and how to overcome them
The RPA adoption model that works | Challenges and solutions
RPA in Manufacturing – A look at challenges
Key Challenges
1. Skepticism vs. Championing2. ROA and Metrics3. Process Discovery and
Prioritization4. Readiness –Technology and
Skills
Learning from practitioners can prove to be handy as they have figured it out.
RPA in Manufacturing – Adoption Status
RPA in Manufacturing – RPA awareness and adoption
For 36% on their way in the RPA journey. The key for them is to scale.
For 47% yet to start and “On the fence” – We wanted to know why?
For 16% we wanted to know what it would take.
RPA in Manufacturing – Experience so far
Finance is leading in adopting RPA followed by IT.
LRC is the farthest behind in RPA
75% say RPA pilot met or exceeded expectations.
4% say it failed to meet expectations.
What the practitioners are saying
RPA in Manufacturing – How the adopters are fairing | ROI view
84% see ROI within 12 months.
46% see ROI within 6 months.
Efficiency and Accuracy are main benefits cited.
RPA in Manufacturing – How the adopters are fairing | ROI and success factors
77% cited FTE bandwidth for “Value Added” activities as an observed benefit from RPA.
Communication, Culture and Change Management are key factors that determined ROI.
RPA in Manufacturing – Perspective on ROI
Clear parameters emerge for ROI considerations.
Companies use Man hours and Dollars saved as tangible measures.
“Cost Avoidance” based ROI is also used.
Roadmap
RPA in Manufacturing – A look at the future roadmap | Budget and focus
Companies who have started already are doubling down on RPA as they see clear ROA
Horizontal propagation is happening through CoE model.
Conclusion
Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value, at a shorter time to
value
Our research indicates many manufacturing companies have not considered or implemented it at enterprise scale.
Our research highlights five stages manufacturers encounter in RPA implementation. Each has challenges but, with preparation,
manufacturers can realize significant value from RPA.
CTA
Talk to Automation Anywhere and start/scale your RPA journey at Enterprise level
A leading Manufacturing company has delivered USD 24 Mn+ value in 1 year alone with Automation Anywhere RPA.
300% more than planned.
The Manufacturers’ Internal Audit ConferenceMarch 10-11 | Chicago | internalauditmfg.com