ANALYSIS OF THE REVOLUTION IN BUSINESS EFFICIENCY ASSOCIATED WITH THE USE OF ROBOTICS AS A PART OF HANDLING ACTIVITIES AND OPERATIONS

In the current business environment, robotics is being universally used in manufacturing as it helps increase productivity and minimize the cost of production. It has been observed that many industries, such as manufacturing, healthcare, and hospitality, have been adopting this technology to ensure a task's performance in an effective manner. Robots can eliminate unpleasant tasks which are dangerous and have high risk. It helps free up the labour to focus on skill required activities so that business efficiency can be improved. It has been stated that the use of robotics to complement the job of the employees will support maximizing production efficiency in various business sectors. Robotics is known to be an emerging technology that can bring stability to business functions. The research has identified robotics technology's role in different business sectors such as healthcare, hospitality, and agriculture. It has also provided an insight into the link of technology with business effectiveness and efficiency. The technology has both advantages and disadvantages in its use that must be considered by the business before implementation.