As robotic process automation (RPA) has become a partner technology of finance, healthcare, and manufacturing industries, can it also provide benefits to the automotive sector?

Robots have long been a reliable ally of the car industry, with their assistance spanning from internal logistics, assembling, material removal, and welding, to painting. They finish manual work easily and fast—and with great precision.

With these robots, companies have the capacity for mass production, catering to the rising desire to embrace car mobility, or the ability to travel and transport persons or goods using a vehicle.

But now, the automotive sector has started seeing robots beyond their contribution to building cars.

 

“Nowadays, businesses want to manipulate a myriad of different operations such as provider community management, price processing, stock management, coverage claims processing, and more. This is in which robot manner automation (RPA) comes into play,” Stellar Market Research said in its report in June.

 

RPA enables advanced business process automation, deploying software robots to emulate human tasks.

According to Stellar Market Research, the market is seen to grow at a compound annual growth rate of 32.6 percent from 2024 to 2030, with the Asia Pacific region dominating this adoption.

 

Amid this significant growth, RPA can come into play, especially in the back office with the following activities:

 

1. Order and payment processing. Almost if not everything can be done online now. With RPA, companies can collect orders from areas they cover without the need to establish dealerships. RPA can help do data entry and order verification, as well as track the progress of the order processing.

 

2. Inventory management. RPA can track inventory data, making sure the units are in stock and ready for delivery. The technology can help make a seamless transfer of data between warehouses and inventories.

READ: Save Up to ₱48M Annually with RPA in Inventory Management

 

3. Inventory of raw materials. Manufacturers can also tap RPA to automate their bill of materials list.

 

4. Competitor price monitoring. Software robots can continuously monitor how rivals price their cars, allowing companies to adjust their pricing strategy to gain an edge in the marketplace.

 

In the Philippines alone, the automotive industry sells hundreds of thousands of units every year.

With RPA, like the one being offered by Monstarlab Philippines, industry players can make informed decisions and deploy strategic approaches.

 

Team up with the Monstarlab Philippines now to realize a competitive edge in the market.

Get your free Robotic Process Automation (RPA) Software: Download here

Photo credit: Chevanon Photography