Artificial Intelligence is enabling machines with human-like intelligence, thus allowing them to respond and interact with the world swiftly and smartly. So, instead of considering AI as human substitution, it is now viewed as augmented intelligence that supports human capabilities.
At the core, AI is using deep learning to revamp the manufacturing processes by:
Eliminating unsafe conditions
Removing redundant tasks
Breaking down processes into simpler components
Applying real-time data and machine learning algorithms to improve efficiency
Reducing lead time
Ensuring predictive maintenance
Enabling supply chains with intelligent information
Improving demand forecast
Reducing costs related to transport and warehousing and
Giving ideas for new and improvised products.
Augmented intelligence doesn’t fine-tune processes; instead, it introduces dramatic changes to achieve a significant impact on the functionality of manufacturing ERP. It makes intelligent decisions at a remarkably faster speed based on behavioral trends, thus making ERP more responsive and flexible to market changes.
Reference Link - https://katalysttech.com/blog/how-ai-based-re-engineering-impacts-manufacturing-erp-paradigm/
