Automation
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Automation is the use of controlled systems like computers to control industrial machinery and processes, replacing human operators. Automation in banking has resulted in ATMs, which save labor costs for banks while improving customer satisfaction. While automation eliminates some jobs, it also creates new dimensions in the workplace, increases economic efficiency, and improves product quality and speed of response, though it requires training and can impact labor relations.
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Automation
- 1. “Automation is the use of controlled systems such as computers to control industrial machinery and processes, replacing human operators” For services, automation usually means labour saving devices. Technology helps in supplementing class room instruction. The facilitating goods that are used are web site and videos. Automation in the banking sector has resulted in ATMs which save the banks a huge amount of labour and it is found to have given greater customer satisfaction.
- 2. CAD- Designing. FMS- Manufacturing Systems. CIM- Manufacturing VS - Inspection Systems. AIS - Barcode Reading. ROBOTS IMPACT OF AUTOMATION 1. Elimination of jobs. 2. High need for training 3. New Dimensions at workplace. 4. Economic Efficency. 5. Effect on labour relations. 6. Quality products , Speedy response etc