ArcBest Corporation

09/05/2024 | Press release | Distributed by Public on 09/05/2024 12:13

Measuring the Potential Value of Vaux Smart Autonomy

Will Vaux Smart Autonomy improve my bottom line?

Vaux Smart Autonomy is a game-changing solution that can increase warehouse efficiency and reduce costs associated with material handling. But as with any significant purchase, it's essential to understand the value you can expect to receive.

Learn how to evaluate Vaux Smart Autonomy's impact on your operations and see when it makes sense to invest.

Understanding Vaux's impact

One of the most immediate benefits of Vaux Smart Autonomy is the reduction in operational costs. Traditional material handling processes often come with workforce challenges like injury, high turnover, the necessity of hiring and retaining local workers, and the need for one person for every forklift.

Vaux Smart Autonomy lessens these issues through automation. By allowing labor to work in a safe offsite location, having one person manage multiple forklifts and creating remote work opportunities, Vaux Smart Autonomy provides an average of 30%- 40% operational savings.

Calculating your return

It's easy to determine your return on investment with the Vaux Smart Autonomy ROI calculator, but you can get a rough idea of the value with the following steps:

Step 1: Identify current costs

Start by identifying all the costs associated with your current material handling processes:

  • Equipment: Costs of lease or depreciation of the equipment value.

  • Labor: Expenses related to hiring, training and paying employees.

  • Maintenance: Ongoing costs for maintaining and updating current equipment.

Step 2: Estimate benefits

Next, estimate Vaux's financial benefits:

  • Operational efficiency: Savings from optimized routing, decreased downtime and other efficiencies.

  • Reduced labor costs: Through teleoperation, multiple pieces of equipment can be managed by a single operator - helping to reduce labor costs by 50% or more.

  • Accident reduction: Estimate the cost savings from fewer injuries involving forklifts.

  • Customer satisfaction: Consider the potential increase in revenue from improved service quality and customer satisfaction.

Step 3: Calculate annual value potential

Once you have the costs and benefits, you can calculate the expected return using this standard formula:

Value Potential = Current Annual Costs - Annual Expected Savings

Get started

Vaux Smart Autonomy isn't just a technology upgrade; it's a strategic financial decision. By reducing operational costs and gaining workflow efficiencies, Vaux can help you gain a strong competitive edge - leading to sustainable growth and long-term success.

Interested in learning more? Connect with our team to see how we can help.