Ai in the Manufacturing Industry
Ai holds a prominent role in the manufacturing industry due to its innate qualities that allow it to function similarly to a human. Its role includes supply chain management, assisting in the assembly line process, predictive maintenance, product design, cobots, and general management. The manufacturing industry is the highest data producing industry which is why Ai has had such an impact. There is also so much potential optimization to be done with all the processes involved in producing a product and sending it out.
Supply Chain
Ai can greatly help with the manufacturing industry's supply chain because it can process large amounts of data as it is fed into the system. This would allow for optimized logistics and better inventory management. Its predictive ability can help streamline the process and make the whole thing more cost-efficient.
Predictive Maintenance
Ai can also help behind the scenes by monitoring the machines and analyzing the data to predict when it will fail so that maintenance can be done at the right time. This is more cost efficient due to only repairing when needed and having less machine downtime.
Cobots
Also called collaborative robots, these work with humans and do repetitive or dangerous tasks. This helps with workplace safety and improves worker productivity because they don't need to focus on doing the same thing over and over again.
Assembly Line
Ai can make the assembly line process more efficient by analyzing in real time to make adjustments in order to optimize the process and reduce errors. This increases speed and allows for a reduced amount of errors to make it through.
Product Design
Ai can analyze the mass amount of data from consumers in order to optimize the design of the product to serve them better or decrease costs. It can also simulate certain steps of the design process which can save time and allow for more ideas to be tested.
General Management
Ai is able to help in all sorts of forms that data is analyzed which is a key part of managing a company. This means that Ai can help with everything from the hiring process and scheduling to looking at when to expand the company and what the stocks could look like after a product is announced.