Intralogistics is the management of an organization’s internal logistics processes. It is a key part of maximizing efficiency and ensuring operations run smoothly. In today’s fast-paced business world, companies are turning more and more to technology and automation to improve their intralogistics processes and stay competitive. But every investment costs money, so it’s important to look at the return on investment (ROI) before making these intralogistics investments. In this blog post, we’ll look at the most important things to think about when figuring out the return on investment for intralogistics investments.
Identify the Pain Points
Before making any investments, it’s important to figure out where your operations are slowing down or causing problems. Start by taking an in-depth look at your current logistics processes. There can be a wide range of problems – orders being wrong, being late, or having to pay too much for labor. Putting your investments in the right order will be easier when you know where the pain points are.
Set Clear Objectives
Once you’ve found your pain points, set clear and specific goals for you would like to reach with the investments. These goals should be measurable and in line with your overall business goals. For example, if you’re having trouble with packing speed, set the goal of packing faster by about 30% by the end of the year. Having clear goals will make it easier to measure how well your investment is doing
Calculate Potential ROI
To set the ROI of an intralogistics project, you’ll need to estimate both the costs and the benefits. Costs may include buying equipment, setting up the system, getting training, and keeping it running. On the other hand, the benefits could be higher productivity, less money spent on labor, better accuracy, and faster order fulfillment. And when it’s done, you should think about both the short-term and long-term effects of the investment. Some benefits, like better efficiency and lower labor costs, may keep coming in over a long period of time. Also, think about how long you think the equipment or technology you’re buying will last.
Automation as investment
Automation can be a great investment for businesses in many different fields, especially food processing. By automating tasks that are repetitive and take a lot of time from human labor, companies can save a lot of money, cut down on mistakes, and improve operational efficiency. Also, automation often leads to more production and faster response times, which helps businesses meet customer needs better. Even though there may be an additional cost to implement automation systems and technologies at first, the long-term benefits will pay back in no time.
PERUZA’s Wide range parcel sorting line
PERUZA’s integrated system is an entire system to handle packages because it can measure, weigh, take pictures, and assign addresses to each package. The fact that it works well with pick-up and delivery systems makes it even more valuable and a great fit for modern fulfillment centers. When packages come in on the infeed line, operators just put them on the conveyor, where they are scanned, photographed, and weighed. This information is kept in sync with the warehouse management system so that tracking is accurate and routes are made quickly. Once the packages have been processed, they are quickly sorted to their correct outfeed section and delivered by the activated roller belt (ARB) to the right place, making the whole fulfillment process more efficient from start to finish.
Main benefits:
- Fully automatic parcel sorting
- Wide parcel range, from 0.1 to 30 kg
- Compatible with warehouse management systems
- Control your warehouse by gathering data on all parcels – size, weight, and location in your warehouse
To sum up
Evaluating the return on investment (ROI) in intralogistics investments is a key step in making sure that your company’s resources are used effectively and efficiently. By figuring out what hurts, setting clear goals, calculating the potential return on investment, thinking about the payback period, evaluating the scalability of the technology, taking risk into account, and keeping an eye on performance, you can make decisions that will move your business forward.
As robotics, automation, and machinery develop, you must look into the best possible solutions now. If you’re interested in learning more about how PERUZA can help you get the best results with your food processing, feel free to get in touch at info@peruza.com, and we’ll be happy to discuss the possibilities of us creating something great for your fish processing business!
