In short
Pick and place is an automation task in which a robot picks a part from one point and places it precisely at another.
In pick and place applications a part is taken from a conveyor, bin or fixture and placed into a box, onto a pallet, into a machine or onto another line. If the part position is not fixed, it is detected with machine vision.
These applications stabilise cycle time, reduce handling errors and free operators from repetitive, ergonomically demanding work.