Insights

AI as a tool to reengineer your manufacturing process or an overpriced investment?

Based on several companies successful adoption of AI technologies into their manufacturing process business leaders are increasingly being pressed into making a decision on whether or not to do likewise. The lasting benefits of demand driven production are undeniable but they come at a cost. Can one expect to capture value from these technologies warranting this scale of investment?

Business leaders faced with this decision may factor in numerous direct and indirect benefits of such a project including; flexible scalability, improved product quality, increased efficiency and capitalising on uniformity across all production lines. On the flip side any change in a core process is going to expose the organisation to risk and acquiring RPA with the other AI systems needed is going to require substantial investment in a relatively new and developing technology. Adding to the urgency of this decision is the impact AI technologies can have in determining an organisations position in their respective market. Will all manufacturing process move in this direction? If so, when should your organisation adopt AI technologies to avoid lagging and to maximise the competitive advantage gained?

This urgency amplified by all the hype surrounding AI is mounting pressure on organisations to adopt AI. How can decision makers see through this hype and capitalise on AI’s true potential to put their organisation in the best position going forward?