AGV in Manufacturing Did Not Generate Savings, Say 81% of Manufacturers Who Deployed Them

PWC’s latest report on industrial mobility reveals unique insights.

AGVs Generated No Savings In Manufacturing

Why?

While AGV (Automated Guided Vehicle) technology has advanced and AMRs (Autonomous Mobile Robots) are entering the industry, the industry is still showing hesitation to adopt these technologies en masse.

According to PWC, 50% of manufacturers said that they have not adopted any semi-autonomous or autonomous vehicles within their operations. A further 30% said that they currently have no plans to adopt semi-autonomous or autonomous vehicles within their operations.

There are still largely unaddressed challenges faced by manufacturers. PWC notes that “nearly 60% of manufacturers cite cost as one of the top barriers of adoption of semi-autonomous and autonomous vehicles within their plants, followed by immature technology (42%), safety issues (32%), and lack of talent (32%).

Our own research shows us that:

• AGVs move 50% slower than manually operated vehicles.
• It typically takes 2 AGVs to replace 1 person.
• Facilities require extensive process flow changes in most cases to adapt AGVs.
• Their rigidity makes them difficult to re-purpose on the fly for changing business needs.

If AGVs in Manufacturing are Expensive, Slow, and Generate little ROI…

…How do you lower your operational costs with automation?

Using AI and digitization you can supercharge your manufacturing operations to…
✅ Eliminate operational inefficiencies due to offline processes
✅ Reduce workman’s comp spend with better workplace safety
✅ Increase profitability by eliminating constant damages and repairs

To learn how to implement AI and Digitization in your forklift operations, download our free 5-Step Forklift Safety Strategy Guide that walks you through 5 straightforward implementation steps.