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Technology

How does Automation and AI help in saving time and better supply chain management?

Answers 1

Entering into the 21st century and the invention of the internet has opened up numerous possibilities. Every information that is needed it is available online. There are modern supercomputers which can do calculations within minutes or hours with 95 to 97 percent accuracy, that may take a person his whole life and there is no guarantee of a correct answer. Most of the companies, let it machines crunch through terabytes of data with the help of proper statistical and mathematical algorithms. So that they can work on business strategies and how to tackle the market in real-time. Now, this has come true even for industries, more and more industries are using robots for the automation of human work. There are concepts implemented such as smart warehouse where machines are being used to place, store and retrieve products or materials with only few clicks on the console or the tab. There is also concepts of introducing AI and integrating this automated robot so that they can communicate with each other and can take their own decisions, such as: a) Stopping a machine if that machine is not functioning perfectly or needs maintenance. b) Communication with each other to co-ordinate their movements. c) Take decisions in retrieving and storing of products faster. d) Automatically reducing bottlenecks and reducing time and managing at faster rates.


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