Ted Bauman is a financial expert that individuals should know about. He is a proud graduate of the University of Cape Town. He has not just progressed in his schooling but has also progressed in his career as well. One can see that Ted Bauman has more than 20 years worth of experience in financial sector in different roles. As a member of Banyan Hill Publishing Company for a couple of years now, Ted Bauman understands the ideas of risks and rewards in life and he advises people on finances, on strategies, various bank accounts, asset maximization and concentration of capital allocation. Ted Bauman is also an author as well.
As such, he looks at stocks such as Amazon and analyzes them to see their impact in the present and in the future.
Robots are Packing Orders At Least Three Times Faster Than Humans
It was recently reported that one of Amazon’s latest machines, dubbed as the CartonWrap, is able to pack 600 to 700 orders per hour as compared to the 200 orders that humans are able to pack.
This makes the machines at least three times faster than human employees, holding a looming threat over thousands of jobs that could be affected by this development. It is prudent to note that the machines are touted to be four t0 five times faster than human packers, which makes the “x3 faster” projection modest estimate.
Among other benefits, CartonWrap puts Amazon’s plans to be more autonomous in its operations. This machine along with a few other pieces of equipment makes Amazon’s packaging production line to cut down to one-third of its current size, saving on time as well as wages to its packaging employees.
All of this contributes to Amazon’s bigger plans to roll out its same-day shipping to Prime customers. By making sure that it is limiting its dependence on human employees and instead giving them the indirect option to become its delivery partners, the online shopping giant is on its way to cut that dependence factor from conventional shipping providers such as USPS.
Seeing that the way Amazon has built its operations, it could be safe to say that the online retailer may achieve this feat in the near future.
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